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Share-Based Payment Arrangements (Tables) | 12 Months Ended
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Dec. 31, 2024
Share-based Payment Arrangements [Abstract] |
Schedule of Number and Weighted Average Exercise Prices of Share Options | The number and weighted average exercise prices (in USD) of share options are as follows:
|  | Weighted average exercise price |  |  | Number of options |
|  | 2024 |  |  | 2023 |  |  | 2022 |  |  | 2024 |  |  | 2023 |  |  | 2022 |
Outstanding on January 1 |  |  | 0.46 |  |  |  | 0.52 |  |  |  | 0.97 |  |  |  | 19,218,783 |  |  |  | 18,468,235 |  |  |  | 7,751,303 |
Expired and forfeited during the year |  |  | 0.84 |  |  |  | 0.54 |  |  |  | 0.82 |  |  |  | (2,004,460 | ) |  |  | (2,026,452 | ) |  |  | (418,068 | )
Granted during the year |  |  | 0.037 |  |  |  | 0.19 |  |  |  | 0.28 |  |  |  | 3,150,000 |  |  |  | 2,777,000 |  |  |  | 11,135,000 |
Outstanding on December 31 |  |  | 0.36 |  |  |  | 0.46 |  |  |  | 0.52 |  |  |  | 20,364,323 |  |  |  | 19,218,783 |  |  |  | 18,468,235 |
Exercisable on December 31 |  |  | 0.45 |  |  |  | 0.62 |  |  |  | 0.97 |  |  |  | 14,420,406 |  |  |  | 10,923,032 |  |  |  | 6,144,318 |
Schedule of Number of RSUs | The number of RSUs are as follows:
|  | Number of RSUs |
|  | 2024 |  |  | 2023 |
Outstanding at January 1 |  |  | 5,770,750 |  |  |  | 7,857,917 |
Granted during the year |  |  | 3,150,000 |  |  |  | 2,777,000 |
Forfeited during the year |  |  | (859,584 | ) |  |  | (1,187,292 | )
Vested during the year |  |  | (3,142,249 | ) |  |  | (3,676,875 | )
Outstanding at December 31 |  |  | 4,918,917 |  |  |  | 5,770,750 |
Schedule of Assumptions were Used | The following assumptions were used:
|  | 2024 |  |  | 2023 |
Share Price - USD |  |  | 0.036 |  |  |  | 0.160-0.226 |
Exercise price - USD |  |  | 0.037 |  |  |  | 0.19 -0.2 |
Expected volatility (%) |  |  | 95.93 |  |  |  | 93.54-96.04 |
Expected duration (years) |  |  | 2-2.8 |  |  |  | 2-5 |
Dividend yield (%) |  |  | - |  |  |  | - |
Risk free rate interest rate (%) |  |  | 3.88 | % |  |  | 3.56%-4.31% |
Schedule of Expenses Recognized in the Consolidated Financial Statements | Expenses recognized in the consolidated financial statements:
|  | For the year ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | USD thousands |
Research and development expenses |  |  | 117 |  |  |  | 768 |  |  |  | 768 |
General and administrative expenses |  |  | 465 |  |  |  | 1,107 |  |  |  | 1,644 |
Total share-based expense recognized |  |  | 582 |  |  |  | 1,875 |  |  |  | 2,412 |

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