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RELATED PARTIES
 6 Months Ended
Jun. 30, 2024
Related Party Transactions [Abstract]  
RELATED PARTIES

NOTE 7 – RELATED PARTIES

 

A.Transactions and balances with related parties

 

         
   Six months ended June 30, 
   2024   2023 
         
General and administrative expenses:          
Directors’ compensation   170,275    192,789 
Salaries and fees to officers   237,271    245,241 
   407,546    (*) 438,030
           
(*) of which share based compensation   -    19,389 
           
Research and development expenses:          
Salaries and fees to officers   -    33,883 
           
Selling and marketing expenses:          
Salaries and fees to officers   -    33,883 

 

(*) of which share based compensation

 

  B. Balances with related parties and officers:

 

   As of June 30,   As of December 31, 
   2024   2023 
         
Other accounts payables   85,751    139,117 

 

  C. The Company’s chairman of the board of directors is also a shareholder and director of AI Conversation Systems Ltd., an Israeli company which merged with Solterra. See also Notes 4 and 9.

 

 

N2OFF, INC.

 

NOTES TO CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (unaudited)