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Finance Expense (Income), Net

12 Months Ended

Dec. 31, 2024

Finance Expense (Income), Net [Abstract]

Finance Expense (Income), net

Note 15 - Finance Expense (Income), net

A.

Revaluation of warrants

The gain is related to the fair value adjustments of warrants. The 2023 and 2024 warrants included a cashless exercise feature and customary conditions in case of occurrence of a fundamental transaction. The 2023 warrants were exercised in July 2024, and 2024 warrants will expire within 5 or 2 years from issuance of those warrants (see also note 9D2).

B.	Finance expenses and income

		For the year ended December 31
		2024				2023				2022
		USD thousands
Finance expenses
Fees and interest expense			41				56				67
Loss from exchange rate differences, net			11				13				-
Issuance expenses (see note 9D)			406				2,126				-
Other			25				-				-
			483				2,195				67

		For the year ended December 31
		2024				2023				2022
		USD thousands
Finance income
Interest income from deposits			(260	)			(474	)			(532	)
Income from exchange rate differences, net			-				-				(62	)
Changes in fair value of finance instruments (see Note 18B2)			(608	)			(517	)			(245	)
Other			-				(1	)			(71	)
			(868	)			(992	)			(910	)