NOTE 6 – RELATED PARTIES | A. | Transactions and balances with related parties | | | | | | | 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.
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