| Schedule of Measure the Fair Value of the Option at Grant Date |
The following inputs were used to measure the
fair value of the option at grant date:
| | | | | November 18, 2025 | | | February 22, 2025 | | | (i) | | Expected volatility | | | 123.41% | | | | 128.78% | | | (ii) | | Dividend rate | | | 0% | | | | 0% | | | (iii) | | Expected term (vesting period) | | | Three years | | | | One year - Three years | | | (iv) | | Contractual life | | | Ten years | | | | Ten years | | | (v) | | Free risk rate | | | 4.12% | | | | 4.5% | |
| | | | | January 22, 2024 | | | February 5, 2024 | | | (i) | | Expected volatility | | | 144.83% | | | | 143.98% | | | (ii) | | Dividend rate | | | 0% | | | | 0% | | | (iii) | | Expected term (vesting period) | | | Three years | | | | Three years | | | (iv) | | Contractual life | | | Ten years | | | | Ten years | | | (v) | | Free risk rate | | | 4.03%-4.07% | | | | 4.16% | |
|
| Schedule of Options to Services Providers and Advisers Outstanding |
The options to services providers and advisers outstanding
as December 31, 2025, 2024 and 2023 were as follows:
| | |
Year ended December 31, 2025 | | |
Year ended December 31, 2024 | | |
Year ended December 31, 2023 | |
| | |
Number of options | | |
Weighted average Exercise price NIS | | |
Number of options | | |
Weighted average Exercise price NIS | | |
Number of options | | |
Weighted average Exercise price NIS | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Outstanding at beginning of year | |
| 185,111 | | |
| 3.359 | | |
| 105,111 | | |
| 4.085 | | |
| 114,512 | | |
| 3.058 | |
| Granted | |
| 55,000 | | |
| 3.405 | | |
| 80,000 | | |
| 3.779 | | |
| - | | |
| - | |
| Exercised | |
| - | | |
| - | | |
| - | | |
| - | | |
| 9,401 | | |
| 0.367 | |
| Options outstanding | |
| 240,111 | | |
| 3.370 | | |
| 185,111 | | |
| 3.359 | | |
| 105,111 | | |
| 4.085 | |
| Options exercisable | |
| 200,111 | | |
| 3.362 | | |
| 162,154 | | |
| 3.251 | | |
| 94,242 | | |
| 3.267 | |
| Share-based payment expenses | |
$ | 44 | | |
| | | |
$ | 66 | | |
| | | |
$ | 19 | | |
| | |
| | |
Year ended December 31, 2025 | | |
Year ended December 31, 2024 | | |
Year ended December 31, 2023 | |
| | |
Number of options | | |
Weighted average Exercise price NIS | | |
Number of options | | |
Weighted average Exercise price NIS | | |
Number of options | | |
Weighted average Exercise price NIS | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Outstanding at beginning of year | |
| 368,641 | | |
| 0.70 | | |
| 357,689 | | |
| 0.37 | | |
| 386,260 | | |
| 0.37 | |
| Granted | |
| 40,000 | | |
| 3.42 | | |
| 30,000 | | |
| 3.56 | | |
| - | | |
| - | |
| Exercised | |
| 101,376 | | |
| 0.37 | | |
| 19,048 | | |
| 0.37 | | |
| | | |
| 0.37 | |
| Forfeited | |
| 30,000 | | |
| 3.56 | | |
| - | | |
| - | | |
| 28,571 | | |
| 0.37 | |
| Options outstanding | |
| 277,265 | | |
| 0.91 | | |
| 368,641 | | |
| 0.70 | | |
| 357,689 | | |
| 0.37 | |
| Options exercisable | |
| 244,765 | | |
| 0.57 | | |
| 338,641 | | |
| 0.45 | | |
| 350,131 | | |
| 0.37 | |
| Share-based payment expenses | |
$ | (5 | ) | |
| | | |
$ | 17 | | |
| | | |
$ | 47 | | |
| - | |
|
| Schedule of RSUs to Services Providers and Advisers Outstanding |
The RSUs to services providers and advisers outstanding as of December
31, 2025, 2024 and 2023 were as follows:
| | |
Year ended December 31, 2025 | | |
Year ended December 31, 2024 | | |
Year ended December 31, 2023 | |
| | |
Number of RSUs | | |
Number of RSUs | | |
Number of RSUs | |
| Outstanding at beginning of year | |
| - | | |
| 7,433 | | |
| 18,266 | |
| Vested | |
| - | | |
| 7,433 | | |
| 10,833 | |
| RSUs outstanding | |
| - | | |
| - | | |
| 7,433 | |
| RSU’s Vested | |
| 32,500 | | |
| 32,500 | | |
| 25,067 | |
| Share-based payment expenses | |
$ | - | | |
$ | 1 | | |
$ | 9 | |
| | |
Year ended December 31, 2025 | | |
Year ended December 31, 2024 | | |
Year ended December 31, 2023 | |
| | |
Number of RSUs | | |
Number of RSUs | | |
Number of RSUs | |
| Outstanding at beginning of year | |
| 2,518,796 | | |
| 445,140 | | |
| 1,727,842 | |
| Granted | |
| 5,024,000 | | |
| 2,687,000 | | |
| - | |
| Forfeited | |
| 85,337 | | |
| 25,836 | | |
| 67,087 | |
| Vested | |
| 2,711,947 | | |
| 587,508 | | |
| 1,215,615 | |
| RSUs outstanding | |
| 4,745,512 | | |
| 2,518,796 | | |
| 445,140 | |
| RSU’s Vested | |
| 6,396,644 | | |
| 3,684,697 | | |
| 3,097,189 | |
| Share-based payment expenses | |
$ | 3,536 | | |
$ | 1,683 | | |
$ | 1,352 | |
|