The
tables below summarize the Company’s outstanding convertible loans as of December 31, 2024 and December 31, 2023 respectively:
SCHEDULE OF LONG TERM CONVERTIBLE NOTES
Principal | | |
Issuance
Date | | |
Current
Interest Rate | | |
Current
Maturity | | |
Current
Conversion Price of loan into equity | |
| Amount | | |
(Year) | | |
% | | |
(Year) | | |
$ | |
| Convertible Loans Outstanding
as of December 31, 2024 | | |
| |
| $ | 100 | | |
| 2019 | | |
| 8 | % | |
| 2024 | | |
| 10.3 | |
| | 100 | | |
| 2020 | | |
| 8 | % | |
| 2024 | | |
| 10.3 | |
| | 1,150 | | |
| 2022 | | |
| 6 | % | |
| *2023 | | |
| 45.0 | |
| | 5,000 | | |
| 2023 | | |
| 8 | % | |
| 2026 | | |
| 24.6 | |
| $ | 6,350 | | |
| | | |
| | | |
| | | |
| | |
| * | | Following the balance sheet date,
the maturities of the loans were extended to dates in 2025. |
| ** | | Was not yet paid by December 31,
2024. |
Convertible
Loans Outstanding as of December 31, 2023
| $ | 750 | | |
| 2018 | | |
| 10 | % | |
| 2026 | | |
| 2.50 | |
| | 1,500 | | |
| 2019 | | |
| 10 | % | |
| 2026 | | |
| 2.50 | |
| | 100 | | |
| 2019 | | |
| 8 | % | |
| 2024 | | |
| 2.50 | |
| | 5,000 | | |
| 2019 | | |
| 10 | % | |
| 2026 | | |
| 2.50 | |
| | 100 | | |
| 2020 | | |
| 8 | % | |
| 2024 | | |
| 7.00 | |
| | 5,000 | | |
| 2022 | | |
| 10 | % | |
| 2026 | | |
| 2.50 | |
| | 1,150 | | |
| 2022 | | |
| 6 | % | |
| **2023 | | |
| 4.50 | |
| | 5,000 | | |
| 2023 | | |
| 8 | % | |
| 2026 | | |
| 2.46 | |
| | 735 | | |
| 2023 | | |
| 8 | % | |
| 2024 | | |
| -* | |
| $ | 19,335 | | |
| | | |
| | | |
| | | |
| | |
| * | | The conversion
price is not fixed and is contingent on the terms under the loan agreement. |
| ** | | Was not yet paid
by December 31, 2023. |
Convertible Loans repaid
during the year ended December 31, 2023
| Principal
Amount |
|
|
Issuance
Year |
|
|
Interest
Rate |
|
|
Maturity
Period |
|
|
Exercise
Price |
|
| |
3,000 |
|
|
|
2022 |
|
|
|
10 |
% |
|
|
1 |
|
|
$ |
2.5 |
|
|