Company: ZNOG
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001437749-25-009623
Chunk: 535

Company: ZION OIL & GAS INC
Filing Date: 2025-03-27
Form: 10-K
Item: Item 3
Chunk 535
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 2023

              Additional          
   Common Stock    paid-in    Accumulated      
   Shares    Amounts    Capital    deficit    Total  
       US$    US$    US$    US$  
   thousands    thousands    thousands    thousands    thousands  
 Balances as of December 31, 2022   524,231   5,242   296,460   (278,602)  23,100 
 Funds received from sale of DSPP units and shares and exercise of warrants   115,621   1,156   5,793   -   6,949 
 Funds received from option exercises   150   2   10   -   12 
 Costs associated with the issuance of shares   -   -   (1,120)  -   (1,120)
 Value of options granted to employees, directors and others as non-cash compensation   -   -   1,034   -   1,034 
 Net loss   -   -   -   (7,957)  (7,957)
 Balances as of December 31, 2023   640,002   6,400   302,177   (286,559)  22,018 
                     
 Funds received from sale of DSPP units and shares and exercise of warrants   324,821   3,248   13,009   -   16,257 
 Funds received from option exercises   539   6   30   -   36 
 Costs associated with the issuance of shares   -   -   (2,921)  -   (2,921)
 Value of options granted to employees, directors and others as non-cash compensation   -   -   334   -   334 
 Net loss   -   -   -   (7,343)  (7,343)
 Balances as of December 31, 2024   965,362   9,654   312,629   (293,902)  28,381 

The accompanying notes are an integral part of the consolidated financial statements.

      F-5

Zion