Company: RGNT
Filing Date: 2025-01-27
Form Type: DRS/A
Source: 0001213900-25-006676
Chunk: 274

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-01-27
Form: DRS/A
Chunk 274
---

taxes. The primary changes from this update relate to improvements over income tax disclosures related to the rate reconciliation, income
taxes paid and other disclosures. The amendments in this update are effective for annual reporting periods beginning after December 15,
2025, with early adoption permitted. The Company is currently evaluating the effect of adopting the ASU on its disclosures.

In November 2023, the FASB issued ASU
2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures to improve reportable segment disclosure
requirements through enhanced disclosures about significant segment expenses on an interim and annual basis. All disclosure requirements
of ASU 2023-07 are required for entities with a single reportable segment. ASU 2023-07 is effective starting January 1, 2024 and should
be applied on a retrospective basis to all periods presented. Early adoption is permitted. The Company is currently evaluating the effect
of adopting the ASU on its disclosures.

In November 2024, the Financial Account
Standards Board (FASB), issued Accounting Standards Update (ASU) 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures. ASU 2024-03 is intended to improve disclosures about a public business entity’s expense
and provide more detailed information to investors about the types of expenses in commonly presented expense captions. The amendments
in this ASU are effective for the Company in fiscal year 2028 on a retrospective basis, with early adoption permitted. The Company is
currently evaluating the potential impact of this guidance on its disclosures.

<div align='center'>F-28</div>

REGENTIS BIOMATERIALS LTD.

NOTES TO FINANCIAL STATEMENTS

U.S. dollars in thousands, exceptshare and per share data

| NOTE 3:- | OTHER CURRENT ASSETS |

|                                           |     |   | December 31, 2023 |     |   | December 31, 2022 |
|:------------------------------------------|:----|:--|------------------:|:----|:--|------------------:|
| Receivables from governmental authorities |     | $ |                 8 |     | $ |                26 |
| Prepaid expenses                          |     |   |                 7 |     |   |               451 |
|                                           |     | $ |                15 |     | $ |               477 |

| NOTE 4:- | OTHER ACCOUNT