v3.26.1
SHARE BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2025
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF ESTIMATED FAIR VALUE OF OPTIONS GRANTED

The fair value of options granted during 2024 was estimated at the dates of grant using the Black-Scholes option pricing model. The following are the data and assumptions used:

 

   2024  
      
Dividend yield   0  
Expected volatility (%) (*)   122 %
Risk-free interest rate (%) (**)   4.36 %
Expected term of options (years) (***)   5.99  
Exercise price (US dollars)   0.22  
Share price (US dollars)   0.22  
Fair value (US dollars in thousands)   2  

 

 (*)The expected volatility was based on the historical volatility of the share price of the Company.
(**)The risk-free interest rate represented the risk-free rate of $ zero – coupon US Government Loans.
(***)Due to the fact that the Company does not have sufficient historical exercise data, the expected term was determined based on the “simplified method”.
SCHEDULE OF STOCK OPTION ACTIVITY

The following table presents the Company’s stock option activity for employees and directors of the Company for the year ended December 31, 2025 and 2024:

 

   Number of Options 

Weighted Average

Exercise Price

       
Outstanding at December 31,2023   793   829.15
Granted   286   7.54
Exercised   -   -
Forfeited   (24)  926.10
Expired   (215)  926.10
Outstanding at December 31,2024   840   829.15
Granted   -   -
Exercised   -   -
Forfeited   (37)  844.90
Expired   -   -
Outstanding on December 31, 2025   803   525.51
Number of options exercisable on December 31, 2025   612   689.15
Restricted Stock Units (RSUs) [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF FAIR VALUE OF RESTRICTED STOCK UNITS USING B&S OPTION PRICING MODEL

The Company calculated the fair value of the RSU using the B&S option pricing model with the following assumptions:

 

   October 20, 2025  
      
Dividend yield   0  
Expected volatility (%) (*)   188.86 %
Risk-free interest rate (%) (**)   3.47 %
Expected term of options (years) (***)   1.98  
Share price (US dollars)   4.13  
Fair value (US dollars in thousands)   497  

 

 

NEXENTIS TECHNOLOGIES INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(USD in thousands, except share and per share data)

 

NOTE 16 – SHARE BASED COMPENSATION (continued)

 

 (*)The expected volatility was based on the historical volatility of the share price of the Company.
(**)The risk-free interest rate represented the risk-free rate of $ zero – coupon US Government Loans.
(***)Due to the fact that the Company does not have sufficient historical exercise data, the expected term was determined based on the “simplified method”.