v3.26.1
Related Parties
6 Months Ended
Jun. 30, 2026
Related Parties [Abstract]  
RELATED PARTIES

NOTE 6 – RELATED PARTIES

 

A. Transactions and balances with related parties

 

   

Six months ended

June 30

   

Three months ended

June 30,

 
    2026     2025     2026     2025  
                         
General and administrative expenses:                        
Directors and Officers compensation (*)     463       302       252       182  
                                 
(*) Share base compensation     116       59       69       54  
                                 
Financing:                                
Financing expense     4       4       2       2  

 

B. Balances with related parties:

 

    As of
June 30,
    As of December 31,  
    2026     2025  
             
Other accounts liabilities     64       117  
Loans     334       330  

 

C. On March 10, 2026, the board of directors of the Company approved the issuance of options to purchase 138,000 shares of common stock to employees, directors and consultants pursuant to the Company’s 2021 Equity Incentive Plan (the “2021 Plan”) and in addition an increase in the number of shares of common stock available under the 2021 Plan from 360,000 to 480,000. In addition, out of the options mentioned above, the board of directors approved the issuance of:

 

Name   Position   Number of options  
Mr. Yossef Balucka   Company’s CEO     16,000  
Mr. Shlomo Zakai   Company’s CFO     10,000  
Mr. Vadim Maor   Company’s CTO     4,000  
Mr. Erez Nachtomy   Active Vice Chairman of the board of the Company     16,000  
Ms. Keren Gousman Golan   Director of the Company     4,000  
Mr. Eran Antebi   Director of the Company     4,000  
          54,000  

 

All such options are exercisable at an exercise price of $7.88 per share, vest in three equal annual installments of 33% at the end of each year, expire six years from the date of grant, and are subject to the other terms and conditions set forth in the 2021 Plan.