Company: GAUZ
Filing Date: 2025-03-11
Form Type: 20-F
Source: 0001213900-25-022437
Chunk: 181

Company: Gauzy Ltd.
Filing Date: 2025-03-11
Form: 20-F
Item: Item 19
Chunk 181
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2,605  
  2027                                        1,338  
  2028 *                                     27,146  
  2029 and thereafter                            10  
  Total                    $                 34,721  

  Includes 2024 NPA repayment in the amount of $ 27 million for  
  the year 2028.                                                 
 ─────────────────────────────────────────────────────────────────

NOTE 10
- SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION:

Balance sheets:

  Other current assets:  

                        December 31                                  
                        2024                        2023             
 ─────────────────────────────────────────────────────────────────────
  Prepaid expenses      $                2,370      $         1,532  
  Other                                  2,043                  513  
                        $                4,413      $         2,045  

  Other current liabilities:  

  Institutions              124      214  
  Accrued interest        1,572      -    
  Warranty liability        807      234  
  Other                   1,417      -    
                          3,920      448  

F-32

GAUZY LTD.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)

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

NOTE 10
- SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION

  Financial expense, net:  

                                                                                         Year ended December 31                          
                                                                                                           2024      2023                
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Change in fair value of marketable securities measured at fair value                                    1,287      $          ( 1,655  
  Change in fair value of warrants and financial liabilities measured at fair value                     ( 9,837                ( 31,820  
  Interest expense on loans                                                                            ( 11,519                ( 13,493  
  Foreign exchange loss, net                                                                            ( 2,383                     733  
  Other, net                                                                                                138                   ( 887  
  Total financial income (expense), net                                                                ( 22,314      $         ( 47,122  

NOTE 11 - COMMITMENTS AND CONTINGENT LIABILITIES:

  Government grants  

Israel Innovation Authority (“ IIA”)
grants program.

During the years 2014 and 2018 the Company
received approval from the IIA for participation in research and