Company: DRTSW
Filing Date: 2025-03-12
Form Type: 20-F
Source: 0001213900-25-023187
Chunk: 289

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-03-12
Form: 20-F
Item: Item 19
Chunk 289
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We conducted our audits in accordance
with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether
the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were
we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding
of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s
internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing
procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures
that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the
financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management,
as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for
our opinion.

/s/ KOST FORER GABBAY & KASIERER

A Member of EY Global

We have served as the Company‘s auditor since 2016.

Tel-Aviv, Israel

March 12, 2025

F-2

ALPHA TAU MEDICAL LTD. AND ITS SUBSIDIARIES

CONSOLIDATED
BALANCE SHEETS

U. S. dollars in thousands

                                              December 31,                                     
                                              2023                           2024              
 ───────────────────────────────────────────────────────────────────────────────────────────────
  ASSETS                                                                                       
  CURRENT ASSETS:                                                                              
  Cash and cash equivalents                   $                  12,657      $         13,724  
  Short-term deposits                                            69,131                45,876  
  Restricted deposits                                             3,152                 3,255  
  Prepaid expenses and other receivables                            816                 1,374  
  Total current assets                                           85,756                64,229  
  LONG-TERM ASSETS:                                                                            
  Long term prepaid expenses                                        471                   432  
  Property and equipment, net                                    12,798                13,934  
  Operating lease right-of-use assets                             8,363                 7,609  
  Total long-term assets                                         21,632                21,975