| SCHEDULE OF FAIR VALUE ASSETS ON RECURRING BASIS |
The
Company’s financial assets that are measured at fair value on a recurring basis by level within the fair value hierarchy are as
follows:
SCHEDULE
OF FAIR VALUE ASSETS ON RECURRING BASIS
| | |
Level
1 | | |
Level
2 | | |
Level
3 | | |
Total | |
| | |
As of September 30, 2024 | |
| | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| | |
US$ | |
| | |
| | |
| | |
| | |
| |
| Assets: | |
| | | |
| | | |
| | | |
| | |
| Investment in Plantify | |
| 314,235 | | |
| - | | |
| - | | |
| 314,235 | |
| Credit Facility | |
| - | | |
| - | | |
| 98,879 | | |
| 98,879 | |
| Convertible loans to Plantify | |
| - | | |
| - | | |
| 588,511 | | |
| 588,511 | |
| Convertible loans to Solterra | |
| - | | |
| - | | |
| 438,846 | | |
| 438,846 | |
| Solar PV joint venture project | |
| - | | |
| - | | |
| 788,341 | | |
| 788,341 | |
| Total assets | |
| 314,235 | | |
| - | | |
| 1,914,577 | | |
| 2,228,812 | |
| | |
Level
1 | | |
Level
2 | | |
Level
3 | | |
Total | |
| | |
As of December 31, 2023 | |
| | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| | |
US$ | |
| | |
| | |
| | |
| | |
| |
| Assets: | |
| | | |
| | | |
| | | |
| | |
| Investment in Plantify | |
| 641,561 | | |
| - | | |
| - | | |
| 641,561 | |
| Convertible loan | |
| - | | |
| - | | |
| 1,013,900 | | |
| 1,013,900 | |
| Total assets | |
| 641,561 | | |
| - | | |
| 1,013,900 | | |
| 1,655,461 | |
|
The
Company’s financial assets that are measured at fair value on a recurring basis by level within the fair value hierarchy are as
follows (see Note 5):
SCHEDULE
OF FAIR VALUE ASSETS ON RECURRING BASIS
| | |
Level
1 | | |
Level
2 | | |
Level
3 | | |
Total | |
| | |
As
of December 31, 2023 | |
| | |
Level
1 | | |
Level
2 | | |
Level
3 | | |
Total | |
| | |
US$ | |
| | |
| | |
| | |
| | |
| |
| Assets: | |
| | | |
| | | |
| | | |
| | |
| Investment
in Plantify | |
| 641,561 | | |
| - | | |
| - | | |
| 641,561 | |
| Convertible
loan | |
| - | | |
| - | | |
| 1,013,900 | | |
| 1,013,900 | |
| Total
assets | |
| 641,561 | | |
| - | | |
| 1,013,900 | | |
| 1,655,461 | |
|
| SCHEDULE OF CHANGES IN FAIR VALUE OF ASSETS |
|
The
following table presents the changes in fair value of the Level 1 assets for the period April 5, 2023 through December 31, 2023:
SCHEDULE
OF CHANGES IN FAIR VALUE OF ASSETS
| | |
Changes
in
Fair value | |
| | |
US$ | |
| Assets: | |
| | |
| Initial
recognition of the investment in Plantify as at April 5, 2023 (*) | |
| 929,864 | |
| Additional
investment in shares of Plantify | |
| 417,890 | |
| Changes
in fair value | |
| (706,193 | ) |
| Outstanding
at December 31, 2023 | |
| 641,561 | |
N2OFF,
INC.
NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE
2– SIGNIFICANT ACCOUNTING POLICIES (continue)
Fair
value (continue)
The
following table presents the changes in fair value of the Level 3 assets for the period April 5, 2023 through December 31, 2023:
| | |
Changes
in
Fair value | |
| | |
US$ | |
| Assets: | |
| | |
| Initial
recognition of the convertible loan issued as at April 5, 2023 (*) | |
| 1,021,300 | |
| Changes
in fair value | |
| (7,400 | ) |
| Outstanding
at December 31, 2023 | |
| 1,013,900 | |
| (*) | | Relative
fair value calculated at inception. |
|
| SCHEDULE OF CHANGES IN FAIR VALUE OF ASSETS |
The
following table presents the changes in fair value of the level 1 assets for the period December 31, 2023 through September 30, 2024:
SCHEDULE
OF CHANGES IN FAIR VALUE OF ASSETS
| | |
Changes
in Fair value | |
| | |
US$ | |
| Assets: | |
| | |
| Outstanding at December 31, 2023 | |
| 641,561 | |
| Changes in fair value | |
| (327,326 | ) |
| Outstanding at September 30, 2024 | |
| 314,235 | |
The
following table presents the changes in fair value of the level 3 assets for the period December 31, 2023 through September 30, 2024:
| | |
Changes
in Fair value | |
| | |
US$ | |
| Assets: | |
| | |
| Outstanding at December 31, 2023 | |
| 1,013,900 | |
| Credit facility to Plantify | |
| 203,000 | |
| Loan Granted | |
| 406,465 | |
| Solar project | |
| 763,693 | |
| Changes in fair value | |
| (472,481 | ) |
| Outstanding at September 30, 2024 | |
| 1,914,577 | |
|
|