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Share Based Compensations
6 Months Ended
Jun. 30, 2025
Share Based Compensations [Abstract]  
SHARE BASED COMPENSATION

NOTE 9:- SHARE BASED COMPENSATION

 

Share-based compensation was recorded in the following items within the statements of operation:

 

  

Six months ended
June 30,

2025

  

Six months ended
June 30,

2024

 
         
Cost of revenues  $13,055   $12,201 
Research and development, net   20,813    19,082 
Sales and marketing   11,207    8,563 
General and administrative   36,888    34,933 
           
Total expenses  $81,963   $74,779 

 

A summary of the share option activity for the six months ended June 30, 2025 is as follows:

 

   Number of options  

 

 

Weighted average exercise

price

   Weighted-
average
remaining
contractual
term
(in years)
  

 

 

Aggregate
intrinsic
value

 
                 
Options outstanding as of December 31, 2024   694,952   $1.05    3.45   $2,772,758 
Granted   25,612    3.68    4.54      
Exercise   2,000    1           
Forfeited   18,112    1.32           
                     
Options outstanding as of June 30, 2025   700,452   $1.137    3.026   $1,318,951 
Options exercisable as of June 30, 2025   171,382   $1    2.042   $346,192 

As of June 30, 2025, unrecognized share-based compensation cost related to unvested share-based compensation awards was $367,903, which is expected to be recognized over a weighted-average period of 2.37 years.

 

The Company used the Black Scholes option-pricing model to determine the fair value of options granted during 2025. The following assumptions were applied in determining the options’ fair value on their grant date:

 

   2025 
     
Risk-free interest rate (a)   3.88%
Expected option term (years) (b)   3.88 
Expected share price volatility (c)   56.1 
Dividend yield (d)   
-
 
Weighted average grant date fair value  $1.705