Company: SATT
Filing Date: 2025-08-15
Form Type: 10-Q
Source: 0001683168-25-006219
Chunk: 28

Company: SATIVUS TECH CORP.
Filing Date: 2025-08-15
Form: 10-Q
Item: Item 1
Chunk 28
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 in the Agro-tech industry, which could impact the availability
or cost of future financings. If the amount of capital we are able to raise from financing activities, together with our revenue from
operations, is not sufficient to satisfy our capital needs, even to the extent that we reduce our operations accordingly, we may be required
to cease operations.

There is no assurance that we will be able to
obtain financing on terms satisfactory to us, or at all. We do not have any arrangements in place for any future financing. If we are
unable to secure additional funding, we may cease or suspend operations. We have no plans, arrangements or contingencies in place in the
event that we cease operations.

 4 

Results of Operations

Six months ended June 30, 2025 compared
to the six months ended June 30, 2024

Operating Expenses

Research and development expenses for the six
months ended June 30, 2025, were $328 thousand compared to $324 thousand for the same period in 2024.

General and administrative (“G&A”)
expenses for the six months ended June 30, 2025, were $145 thousand compared to $132 thousand for the same period in 2024.

Total financial expenses for the six months ended
June 30, 2025, was $47 compared to $2,345 thousand for the same period in 2024. Financial expenses is due mostly to financial expenses
related to revaluations of the convertible component in convertible loans.

Three months ended June 30, 2025 compared
to the three months ended June 30, 2024

Operating Expenses

Research and development expenses for the three
months ended June 30, 2025, were $122 thousand compared to $198 thousand for the same period in 2024.

General and administrative (“G&A”)
expenses for the three months ended June 30, 2025, were $91 thousand compared to $43 thousand for the same period in 2024.

Total financial expenses for the three months
ended June 30, 2025, was $209 compared to $2,548 thousand for the same period in 2024. Financial expenses is due mostly to financial gains
related to revaluations of the convertible component in convertible loans.

Liquidity and Capital Resources

Overview

Since inception on January 16, 2015, the
Company has a cumulative deficit of $23,941 thousand and a