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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
SCHEDULE OF OFFICIAL EXCHANGE RATE

 

   2024   2023 
Official exchange rate of NIS 1 to US dollar   0.274    0.272 
Increase (Decrease) of the official exchange rate of NIS 1 to US dollar during the year:   0.74%   (8.86)%
SCHEDULE OF RESTRICT CASH BALANCES ARE INCLUDED WITH CASH AND CASH EQUIVALENTS

 

   2024   2023 
   In thousands of US dollars 
   December 31,   December 31, 
   2024   2023 
         
Cash and cash equivalents  $5,617   $4,492 
Restricted cash  $10   $10 
Total cash, cash equivalents, and restricted cash shown in the statement of cash flows  $5,627   $4,502 
SCHEDULE OF PROPERTY AND EQUIPMENT, RATES OF DEPRECIATION

 

   Years 
Computers and equipment   3 
Furniture and office equipment   7-15 
SCHEDULE OF ANTIDILUTIVE NET LOSS AND WEIGHTED AVERAGE

 

   2024   2023 
   In thousands of US dollars 
   (except share data) 
   Year ended 
   December 31, 
   2024   2023 
         
Numerator:          
Net loss  $22,597   $7,097 
Deemed dividend related to trigger of down round protection feature (see Note 8C3 below)   -    855 
Net loss attributable to common stockholders  $22,597   $7,952 
           
Denominator:          
Shares of Common Stock used in computing basic and diluted net loss per common stock   330,171    193,131 
Shares of Common Stock to be issued upon exercise of pre-funded warrants (see Note 8B1 below)   -    13,971 
Shares of Common Stock to be issued upon achievement of first performance milestone (see Note 5B below)   -    501 
Weighted average number of Common Stock outstanding used in computing basic and diluted net loss per share   330,171    207,603 
Basic and diluted net loss per common stock  $68.44   $34.18 
SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE

There were no Level 3 assets or liabilities for the year ended December 31, 2023. The following table presents changes in Level 3 assets and liabilities measured at fair value for the year ended December 31, 2024:

 

   Liability 
Balance – November 14, 2024 – Warrant issuance date  $16,626 
Fair value adjustments – Derivative financial liability   795 
Balance – December 31, 2024  $17,421 
SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS

The following table sets forth the Company’s assets and liabilities which are measured at fair value on a recurring basis by level within the fair value hierarchy:

 

   Fair Value Measurements as of December 31, 2024 
   Level I   Level II   Level III   Total 
Liability:                    
Warrant derivative liability  $-   $-   $17,421   $17,421