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COMMON STOCK AND WARRANTS WITH-DOWN ROUND PROTECTION (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
SCHEDULE OF SHARE OPTION ACTIVITY FOR EMPLOYEES AND MEMBERS

 

  

Number of

Share Options

  

Weighted

Average

Exercise Price

  

Weighted

average

remaining

contractual

life

  

Intrinsic

value

 
       $   (years)   $ 
                 
Outstanding as of December 31, 2022   8,046    152    2.1    - 
Granted   2,221    28    9.7    - 
Forfeited or expired   (269)   1290    1.7    - 
Outstanding as of December 31, 2023   9,998    90    8.0    - 
Granted   6,438    49.72    9.37    - 
Cancelled   -    -    -    - 
Forfeited or expired   -    -    -    - 
Outstanding as of December 31, 2024   16,436    49.72    9.37    - 
Exercisable as of December 31, 2024   11,249    *49.11    9.41    -  

 

*After modification of exercise price
SCHEDULE OF ASSUMPTIONS USED TO VALUE OPTIONS

 

   2024   2023 
  

Years ended

December 31

 
   2024   2023 
         
Volatility (%)   207-288%   220%
Risk-free interest rate (%)   3.51-4.64%   4.7%
Dividend yield (%)   -    - 
Expected life (years)   3    3 
Exercise price ($)   41-58    140 
Share price ($)   49.0    30 
SCHEDULE OF WARRANTS ACTIVITY

 

  

Number of

Share Warrants

  

Weighted

Average

Exercise Price

  

Weighted

average

remaining

contractual

life

  

Intrinsic

value

 
      $   (years)   $ 
Outstanding as of December 31, 2023   -    -    -    - 
Granted   1,278,259    39.66    9.31    - 
Cancelled   -    -    -    - 
Forfeited or expired   -    -    -    - 
Outstanding as of December 31, 2024   1,278,259    39.66    9.31    - 
                     
Exercisable as of December 31, 2024   1,278,259    39.66    9.31    - 
SCHEDULE OF TOTAL COMPENSATION COST EQUITY BASED AWARDS

 

         
   In thousands of US dollars 
  

December 31,

2024

  

December 31,

2023

 
         
Research and development   307    176 
General and administrative   364    159 
Total compensation cost    671    335