Company: ZNOG
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001437749-25-009623
Chunk: 203

Company: ZION OIL & GAS INC
Filing Date: 2025-03-27
Form: 10-K
Item: Item 9
Chunk 203
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 were issued on  May 5, 2022 and were exercisable through  July 15, 2023 at a revised per share exercise price of $.05.
    
   Zion considers this warrant as permanent equity per ASC 815-40-35-2. As such, there is no value assigned to this extension.
    
   On  June 16, 2023, the Company extended the termination date of the ZNWAQ warrant from  July 15, 2023 to  September 6, 2023. Zion considers this warrant as permanent equity per ASC 815-40-35-2. As such, there is no value assigned to this extension.
    
   On  August 21, 2023, the Company extended the termination date of the ZNWAQ warrant from  September 6, 2023 to  October 31, 2023. Zion considers this warrant as permanent equity per ASC 815-40-35-2. As such, there is no value assigned to this extension.
    
   On  October 19, 2023, the Company extended the termination date of the ZNWAQ warrant from  October 31, 2023 to  December 31, 2023. Zion considers this warrant as permanent equity per ASC 815-40-35-2. As such, there is no value assigned to this extension.

        F-
       28

        Zion Oil & Gas, Inc.

        Notes to Consolidated Financial Statements

   Note 6 – Stockholders’ Equity (cont’d)
    
   On  December 18, 2023, the Company extended the termination date of the ZNWAQ warrant from  December 31, 2023 to  March 31, 2024. Zion considers this warrant as permanent equity per ASC 815-40-35-2. As such, there is no value assigned to this extension.
    
   On  March 28, 2024, the Company extended the termination date of the ZNWAQ warrant from  March 31, 2024 to  December 31, 2024. Zion considers this warrant as permanent equity per ASC 815-40-35-2. As such, there is no value assigned to this extension. 
    
   On  January 21, 2025, the Company extended the termination date of the ZNWAQ warrant from  December