v3.26.1
SHAREHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
SCHEDULE OF OUTSTANDING WARRANTS

The following table summarizes information of outstanding warrants as of June 30, 2026:

 

   Warrants   Warrant Term 

Exercise

Price

   Exercisable 
                
Class J Warrants   32,584   July 2029   53.76    32,584 
Class K Warrants   32,584   July 2029   89.60    32,584 
June 2024 Facility Agreement Warrants (note 7.D)   174,141   June 2027   1.00    174,141 
June 2024 Lead Lender Fee Warrants (note 7.D)   2,616,610   June 2027   0.472    2,616,610 
2024 PIPE Warrants (note 10.B)   57,190   July 2027   1.00    57,190 
2025 July Private Placement - pre-funded warrants (note 10.C)   56,584   Until exercised in full   0.00    56,584 
2025 July Private Placement – common warrants (note 10.C)   848,347   January 2031   4.74    848,347 
2026 Private Placement - common warrants (note 10.D)   374,857   March 2031   2.625    374,857 
Quantum Israel Acquisition - pre-funded warrants (note 10.E)   2,009,507   Until exercised in full   0.00    2,009,507 
Total   6,202,404            6,202,404 

 

The following table summarizes the activity in outstanding warrants during the six months ended June 30, 2026:

 

   Warrants outstanding as of January 1, 2026   Warrants granted   Warrants Exercised   Warrants outstanding as of June 30, 2026 
                 
Class J Warrants   32,584    -    -    32,584 
Class K Warrants   32,584    -    -    32,584 
June 2024 Facility Agreement Warrants (note 7.D)   174,141    -    -    174,141 
June 2024 Lead Lender Fee Warrants (note 7.D)   5,296,610    -    (2,680,000)   2,616,610 
2024 PIPE Warrants (note 10.B)   57,190    -    -    57,190 
2025 July Private Placement - pre-funded warrants (note 10.C)   56,584    -    -    56,584 
2025 July Private Placement – common warrants (note 10.C)   925,923    -    (77,576)   848,347 
2026 Private Placement - common warrants (note 10.D)   -    672,000    (297,143)   374,857 
Quantum Israel Acquisition - pre-funded warrants (note 10.E)   -    4,447,595    (2,438,088)   2,009,507 
Total   6,575,616    5,119,595    (5,492,807)   6,202,404