XML 30 R15.htm IDEA: XBRL DOCUMENT v3.24.1
RELATED PARTIES
 12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
RELATED PARTIES

NOTE 9 – RELATED PARTIES

 

  A. For more information regarding warrants granted to Andrew Garrett, Inc. as placement agent and two parties associated with, including modification of terms and triggering of down round protection feature, see Note 5C3 above and Note 10 below.
     
  B. For more information regarding the intellectual property purchase agreement from the company’s CEO - See Note 4B above.
     
  C. For more information regarding the loans received from  certain Stockholders - See Note 3 above.

 

  D.

Tapsak Enterprises LLC, dba Virginia Analytical

 

On October 25, 2022, the Company entered into agreement with Tapsak Enterprises LLC dba Virginia Analytical, which fully owned by Mark Tapsak, who serves as the Vice President of Sensor Science of the Company, under which, Tapsak Enterprises LLC dba Virginia Analytical, is providing laboratory space, equipment and materials to support the Company sensor development activities. During the years ended December 31, 2023 and 2022, a total amount of $162 and $76 were recorded as part of the Company’s research and development expenses, respectively.

 

For more information regarding execution of lease agreement with Tapsak Enterprises LLC dba Virginia Analytical, see Note 10B below.