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Shareholders’ Equity (Tables) | 9 Months Ended
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Sep. 30, 2024
Shareholders’ Equity [Abstract] |
Schedule of Significant Inputs into the Black-Scholes Valuation Model | The significant inputs into the Black-Scholes valuation model at the initial recognition date are as follows:
|  | 5.5 Years June Warrants |  |  | 2 Years June Warrants |
Term |  |  | 5.5 years |  |  |  | 2 years |
Expected volatility |  |  | 44.77 | % |  |  | 44.77 | %
Risk-free rate |  |  | 3.95 | % |  |  | 4.28 | %
Stock price |  | $ | 1.97 |  |  | $ | 1.97 |
The significant inputs into the Black-Scholes valuation model at the initial recognition date are as follows:
|  | 2 Years June Warrants |
Term |  |  | 2 years |
Expected volatility |  |  | 61.60 | %
Risk-free rate |  |  | 4.28 | %
Stock price |  | $ | 1.65 |
Schedule of Total Outstanding Warrant | Total outstanding warrants as of 30 September,2024, are as follow:
|  |  | Number of warrants |  |  | Exercise price |  |  | Period left in years |
Warrants May 2023 |  |  |  | 66,127 |  |  |  | $4.625 |  |  |  | 4.15 |
Warrants December 2023 |  |  |  | 1,360,170 |  |  |  | $1.18 - $1.47 |  |  |  | 4.75 |
Warrants June 2024 |  |  |  | 1,069,647 |  |  |  | $2.0 – $3.43 |  |  |  | 5.25 |
Warrants July 2024 |  |  |  | 2,069,317 |  |  |  | $2.5-$1.75 |  |  |  | 2.0 |
Other |  |  |  | 36,792 |  |  |  | $10.27 - $50 |  |  |  | 1.75 – 2.65 |
Outstanding as of September 30, 2024 |  |  |  | 4,602,053 |  |  |  |  |  |  |  |  |
Schedule of Share Options, Granted to Employees, Directors, Under Option Plans | A summary of the Company's share options, granted to employees, directors, under option plans is as follows:
|  |  | Number of options |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life |
Outstanding – January 1, 2024 |  |  |  | 87,764 |  |  | $ | 3.63 |  |  |  | 4.11 |
Granted |  |  |  | - |  |  |  | - |  |  |  | - |
Exercised |  |  |  | (21,225 | ) |  | $ | 3.37 |  |  |  | - |
Forfeited |  |  |  | (1,159 | ) |  | $ | 16.5 |  |  |  | - |
Outstanding - September 30, 2024 |  |  |  | 65,380 |  |  | $ | 9.81 |  |  |  | 3.4 |
Exercisable - September 30, 2024 |  |  |  | 60,799 |  |  | $ | 9.81 |  |  |  | 2.7 |
Schedule of Rsus, Granted to Employees, Directors, Under Option Plans | A summary of the Company's RSUs, granted to employees, directors, under option plans is as follows:
|  | September 30 2024 |
|  | Number of RSUs |  |  | Weighted-Average Grant Date Fair Value |
RSUs outstanding at the beginning of the year |  |  | 71,280 |  |  | $ | 10.35 |
Granted during the period |  |  | - |  |  |  | - |
Vested during the period |  |  | (28,228 | ) |  | $ | 3.79 |
Forfeited during the period |  |  | (6,798 | ) |  | $ | 6.35 |
Outstanding as of September 30, 2024 |  |  | 36,254 |  |  | $ | 6.15 |

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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-1 + Details
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