Share-Based Payment in a Consolidated Subsidiary (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment in a Consolidated Subsidiary [Abstract]

Schedule of Fair Value of the Options

Set forth below are the parameters used in determining the fair value of the options:

The Company share price ($) (*)			6.8
Exercise price (in $)			2.79 - 1.27			See above.
Expected volatility in the Company’s share price			49.4% - 39.9%
Expected life of the warrants (in years)			8 – 5
Risk-free interest			3.86% - 4.29%
Expected dividend yield			-

(*)	The Company’s share price is determined based on The Company’s value as appraised by the appraiser as of the award date, while using the discounted cash flow method, and at a discount rate of 18%.

The Company share price ($) (*)			3.05
Exercise price (in $)			4
Expected volatility in the Company’s share price			40.84%
Expected life of the warrants (in years)			4 – 3
Risk-free interest			4%
Expected dividend yield			-

(*)

The Company’s share price is determined based on the granted date.

Schedule of Movements in Options Awarded

Set forth below are the movements in options awarded to Company employees and officers in the reporting years:

		For the year ended December 31,
		2024								2023
		No. of options				Weighted Average Exercise Price				No. of options				Weighted Average Exercise Price

Outstanding at beginning of year			1,096,652				1.97				114,645				3.73
Granted during the year			100,520				4.00				982,007				1.76
Expired and/or forfeited during the year			(13,233	)			1.59				-				-
Outstanding at ending of year			1,183,939				2.14				1,096,652				1.97

Exercisable at the end of the year			714,778				1.99				543,688				2.01