NOTE 13 - LIABILITY TO ISSUE STOCK

The liability to issue stock on  June 30, 2025, in total amount of $1.5 million represents mainly CEO incentive award provision (see Note 11 - Share-based compensation) to be settled in shares of common stock upon the achievement of specific targets (current liability in the amount of $1.1 million and noncurrent liability in amount of $0.1 million), as well as certain liability-classified contracts with other parties.