Company: DRTSW
Filing Date: 2025-03-12
Form Type: 20-F
Source: 0001213900-25-023187
Chunk: 318

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-03-12
Form: 20-F
Item: Item 19
Chunk 318
---
shares were issued to a consultant for services received to be exercised within7years from grant date. In March 2023,67,897Warrants
were exercised into67,897Ordinary shares of no-par value for no consideration.

F-27

ALPHA TAU MEDICAL
LTD. AND ITS SUBSIDIARIES

NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS

U. S. dollars
in thousands (except share and per share data)

NOTE 13:- FINANCIAL EXPENSES (INCOME), NET

                                                Year ended December 31,                                                           
                                                2022                                    2023                   2024               
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Financial expenses:                                                                                                             
  Foreign currency translation loss, net        $                                -      $             210      $               -  
  Interest on loan                                                               -                     75                    303  
  Remeasurement of Warrants                                                  3,788                      -                      -  
  Others                                                                        21                     39                     41  
  Total financial expenses                                                   3,809                    324                    344  
  Financial income:                                                                                                               
  Foreign currency translation profit, net                                     413                      -                    106  
  Interest from deposits                                                     1,790                  4,830                  4,277  
  Remeasurement of Warrants                                                      -                  2,033                    259  
  Total financial income                                                     2,203                  6,863                  4,642  
  Financial expenses (income), net              $                            1,606      $         ( 6,539      $         ( 4,298  

NOTE 14:- INCOME TAXES

  Tax rate applicable to Company:  

The corporate tax
rate in Israel in 2022, 2023 and 2024 was23%.

The Company has the status of an “ Preferred
Company” and “ Preferred Technological Enterprise”, as defined in the Law for the Encouragement of Capital Investments,
5719-1959 and is subject to a reduced tax rate. The reduced tax rates at development area A in which the Company’s offices are located
is7.5%, subject to various conditions.

  Income taxes on non-Israeli subsidiaries:  

The Company’s
subsidiaries are separately taxed under the domestic tax laws of the jurisdiction of incorporation of each entity.

Tax rate applicable
to ATM Inc.:

On