CONDENSED INTERIM BALANCE
SHEETS (Unaudited)
U.S. dollars
| June 30, | December 31, | |||||||
| Note | 2023 | 2022 | ||||||
| LIABILITIES AND SHAREHOLDERS' DEFICIT | ||||||||
| CURRENT LIABILITIES: | ||||||||
| Trade payables | 98,780 | 47,260 | ||||||
| Lease liabilities | 29,152 | 45,097 | ||||||
| Other accounts payable | 624,241 | 774,647 | ||||||
| Loan from related party | 7 | 729,169 | - | |||||
| SAFEs | 6 | 1,514,928 | 1,514,928 | |||||
| TOTAL CURRENT LIABILITIES | 2,996,270 | 2,381,932 | ||||||
| NON-CURRENT LIABILITIES: | ||||||||
| Lease liabilities | - | 7,775 | ||||||
| Loan from related party | 7 | - | 399,794 | |||||
| TOTAL NON-CURRENT LIABILITIES | - | 407,569 | ||||||
| COMMITMENTS AND CONTINGENCIES | 4 | |||||||
| SHAREHOLDERS’ DEFICIT | ||||||||
| Ordinary shares, NIS 0.02 par value:
Authorized 25,000,000 as of June 30, 2023 and December 31, 2022; Issued and outstanding 3,597,442 and 3,597,442 shares as of June 30,2023 and as of December 31, 2022, respectively | 21,456 | 21,456 | ||||||
| Additional paid-in capital | 13,091,990 | 12,988,292 | ||||||
| Accumulated losses | (15,085,002 | ) | (14,651,678 | ) | ||||
| TOTAL SHAREHOLDERS’ DEFICIT | (1,971,556 | ) | (1,641,930 | ) | ||||
| TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT | 1,024,714 | 1,147,571 | ||||||
The accompanying notes are an integral part of these condensed interim financial statements.
