Company: DRTSW
Filing Date: 2025-03-12
Form Type: 20-F
Source: 0001213900-25-023187
Chunk: 276

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-03-12
Form: 20-F
Item: Item 11
Chunk 276
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Item
11. Quantitative and Qualitative Disclosures about Market Risk

We
are exposed to market risk in the ordinary course of our business. Market risk represents the risk of loss that may impact our financial
position due to adverse changes in financial market prices and rates. Our market risk exposure is primarily a result of foreign currency
exchange rates and interest rates, which are discussed in detail below.

Foreign
currency risk

Our
financial results are reported in U. S. dollars, changes in exchange rate between the USD and local currencies in those countries in which
we operate (primarily the ILS) may affect the results of our operations. The USD cost of our operations in countries other than the United
States, is negatively influenced by revaluation of the USD against other currencies.

During
2024, the value of the U. S. dollar strengthened against the ILS by approximately 3.1%. Our most significant foreign currency exposures
are related to our operations in Israel.

With
respect to our foreign currency exposures for the years ended December 31, 2023 and 2024, a 10% unfavorable movement in foreign currency
exchange rates would have increased our operating expenses by approximately 4.5% and 4.7%, respectively.

Other
Market Risks

We
do not believe that we have material exposure to interest rate risk due to the fact that we have no long-term debt.

We
do not believe that we have any material exposure to inflationary risks. We do not believe that the rate of inflation in Israel has had
a material impact on our business to date. However, our costs in Israel may increase if inflation in Israel exceeds the devaluation of
the shekel against the U. S. dollar (to the extent that it devalues at all) or if the timing of such devaluation lags behind inflation
in Israel.

Item
12. Description of Securities Other than Equity Securities