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COMMITMENT AND CONTINGENT LIABILITIES (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]    
SCHEDULE OF WARRANT ASSUMPTIONS USED

The assumptions used to perform the calculations are detailed below:

 

Fair value of the conversion feature  October 1,
2024
   December 31,
2024
   June 30,
2025
 
Expected volatility (%) (*)   117.19%   117.68%   157.30%
Risk-free interest rate (%)   3.51%   4.38%   3.79%
Expected dividend yield   0.0%   0.0%   0.0%
Expected term of options (years)   5    5    5 
Exercise price (US dollars)  $1   $1   $0.1(**)
Share price (US dollars)  $0.247   $0.248   $0.23 
Fair value (U.S. dollars)  $307   $312   $406 

 

  (*) The expected volatility was based on the historical volatility of the share price of the Company.
 

(**)

In accordance with the anti-dilution provisions of the warrant agreement and following the Company’s entry into PIPE Agreement, the exercise price of the warrants was adjusted from $1.00 to $0.1 per share.

The Company estimated the fair value of the Warrant Shares as of October 1, 2024 and December 31, 2024, using the Black-Scholes option pricing model. The assumptions used to perform the calculations are detailed below:

 

 

Fair value of the conversion feature  October 1, 2024   December 31, 2024 
Expected volatility (%) (*)   117.19%   117.68%
Risk free interest rate (%)   3.51%   4.38%
Expected dividend yield   0.0%   0.0%
Expected term of options (years)   5    5 
Exercise price (US dollars)  $1   $1 
Share price (US dollars)  $0.247   $0.248 
Fair value (U.S. dollars)  $307   $312 

 

(*)The expected volatility was based on the historical volatility of the share price of the Company.