v3.25.2
Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2025
Shareholders' Equity [Abstract]  
Schedule of Share Option Activity

A summary of the Company’s share option activity, pertaining to its option plans for employees and related information is as follows:

 

   Option Outstanding 
   Number of
shares
upon
exercise
   Weighted
average
exercise
price
 
         
Balance as of December 31, 2024   60,000   $5.94 
Forfeited   
-
    
-
 
Exercised   (40,000)  $5.94 
           
Balance as of March 31, 2025   20,000   $5.94 
           
Exercisable at end of year   20,000   $5.94 
Schedule of Restricted Share Unit Activity

The following provides a summary of the restricted share unit activity for the Company for the three months ended March 31, 2025:

 

   RSUs 
   Number of
shares
upon
exercise
   Weighted
average
share
price
 
         
Outstanding at beginning of year   3,047,441   $2.69 
Granted   922,688   $6.61 
Vested   (173,398)  $7.74 
Forfeited   (92,670)  $6.38 
           
Unvested at end of year   3,704,061   $3.69