OPERATING LEASES |
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| OPERATING LEASES | Note 9 - OPERATING LEASES:
The Company was party to two lease agreements for its facilities located in Israel. In November 2024, the Company exercised its option to extend the main lease agreement for an additional three-year period, which had been included in the lease term at the lease commencement date as it was reasonably certain to be exercised.
The Company previously had vehicle lease arrangements for employees in Israel, the last of which expired during the year.
The company had short term agreements for parking spaces for periods of up to 12 months. These short-term agreements expired during 2024.
The Company’s operating lease expenses are recognized on a straight-line basis. Operating lease costs for the years ended December 31, 2025 ,2024 and 2023 were as follows:
Cash flow and other information related to operating leases were as follows:
ZOOZ STRATEGY LTD NOTES TO THE FINANCIAL STATEMENTS (continued)
Other information related to operating leases were as follows:
The table below presents value of lease liabilities of the company for the lease period (USD thousands):
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