NOTE 13 - LIABILITY TO ISSUE STOCK

The liability to issue stock on  March 31, 2025 in the amount of $3.7 million represents mainly shares to be issued to investors upon exercises of warrants that were requested before  March 31, 2025 and have been completed in April 2025 (current liability in the amount of $2.4 million), CEO incentive award provision to be settled in shares of common stock upon the achievement of specific targets (current liability in the amount of $0.7 million and noncurrent liability in amount of $0.1 million), as well as certain liability-classified contracts with consultants (current liability in the amount of $0.3 million) and other parties (current liability in amount of $0.2 million).