NOTE 4: — EQUITY | a. | Composition of share capital: |
| | | | | | | | | | | | | Issued and | | | | Issued and | | | Authorized | | outstanding | | Authorized | | outstanding | | | | June 30, 2025 | | December 31, 2024 | | | (unaudited) | | | Ordinary shares of $0.00001 par value per share | | 350,000,000 | | 50,595,118 | | 350,000,000 | | 49,726,906 | Preferred shares of $0.00001 par value per share | | 1,000,000 | | — | | 1,000,000 | | — |
| b. | Movement in issued and outstanding share capital: |
| | | | | Number of shares | Balance as of January 1, 2025 | | 49,726,906 | Vested RSU’s | | 380,404 | Exercise of options for Ordinary shares | | 487,808 | Balance as of June 30, 2025 | | 50,595,118 |
| c. | Rights attached to shares: |
The holders of Ordinary shares are entitled to receive dividends only when, as and if declared by the Board of Directors and are entitled to one vote per share at general meetings of the Company. All Ordinary shares rank equally with regard to the Company’s residual assets.
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