v3.25.1
Stock Options Plan (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]    
Schedule of Share Based Compensation Options Awarded

 

   For the three-month period ended 
   March 31, 2025   March 31, 2024 
   Weighted average of exercise price  

Number of

options

   Weighted average of exercise price  

Number of

options

 
Outstanding as of the beginning of the period  $0.51    15,072,175   $0.42    15,544,175 
Granted  $-    -   $-    - 
Forfeited  $0.58    (150,000)  $0.32    (1,447,500)
Outstanding as of the end of period  $0.44    14,922,175   $0.42    14,096,675 

   2024  2023
   Weighted average of exercise price 

Number of

options

  Weighted average of exercise price 

Number of

options

Outstanding as of the beginning of the year  $0.42    15,544,175   $0.4    13,943,842 
Granted  $0.55    1,715,500   $0.58    2,467,000 
Forfeited  $0.39    (1,500,000)  $0.32    (866,667)

Expired

 

$

0.28    (687,500)        

-

 
Outstanding as of the end of year  $0.42    15,072,175   $0.42    15,544,175 

Schedule of Stock-Based Compensation Expenses

The stock-based compensation expenses for the three months ended March 31, 2025 and March 31, 2024 were recognized in the statements of operations as follows;

 

   March 31, 2025   March 31, 2024 
   For the three-month period ended 
   March 31, 2025   March 31, 2024 
   US Dollars (In thousands) 
         
Research and development expenses   7    23 
Marketing expenses   1    162 
General and administrative expenses   46    21 
           
Total stock-based compensation   54    206 

 

   2024  2023
   Year ended December 31
   2024  2023
   US Dollars (In thousands)
Research and development expenses   43    158 
Marketing expenses   215    659 
General and administrative expenses   227    865 
           
Total stock-based compensation   485    1,682