Company: BNRG
Filing Date: 2025-03-04
Form Type: 20-F
Source: 0001213900-25-020178
Chunk: 122

Company: Brenmiller Energy Ltd.
Filing Date: 2025-03-04
Form: 20-F
Item: Item 19
Chunk 122
---
 Note 15B.

F-27

Brenmiller Energy Ltd.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

NOTE 11 - EQUITY(cont.):

  Share-based payment: (cont.)  

  Share option awards granted to employees in 2018, with an                                                                              
  exercise price denominated in U. S. dollars, were classified and accounted for as a liability in prior years as they did not meet the  
  exception under ASC 718-10-25-14A to allow equity classification; these options were reclassified in May 2022 to equity at fair value  
  of $ 74 thousand, when the shares of the Company began trading on Nasdaq.                                                              
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  Information on the                                                                                                                          
  share option awards outstanding and the related weighted average exercise price as of and for the years ended December 31, 2024and2023 are  
  presented in the table below:                                                                                                               
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  Relating to options:                                    Exercise price        Aggregate                    Exercise price                    
                                                          range*                Intrinsic                    range*                            
                                                                                Value                                                          
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Outstanding at beginning of the year       133,976      $ 0.82 - $ 247.1      $57,959         144,681      NIS 137.8 – NIS 800      -        
  Granted                                    341,711      $ 0.01 - $ 10.7       $244,398         11,539      NIS 3                    104,197  
  Exercised**                                ( 1,805      $ 1.6                 $7,565                -      -                        -        
  Forfeited                                 ( 10,272      $ 10.7 - $ 62.2       -               ( 7,211      NIS 194; $ 100           -        
  Expired                                    ( 7,660      $ 38.3 –$ 53.2        -              ( 15,033      NIS 194; $ 100           -        
  Outstanding at end of the year             455,950      $ 0.01 -$ 247