Company: SATT
Filing Date: 2025-08-15
Form Type: 10-Q
Source: 0001683168-25-006219
Chunk: 4

Company: SATIVUS TECH CORP.
Filing Date: 2025-08-15
Form: 10-Q
Item: Item 1
Chunk 4
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2,208) 
     483  
     (1,725)
  
    Share based compensation to non-controlling parties 
     –  
     –  
     –  
     –  
     –  
     –  
     – 
  
    Share Based Compensation to employees and non-employees 
     –  
     –  
     3  
     –  
     3  
     3  
     6 

    Net income (loss) 
     –  
     –  
     –  
     (2,694) 
     (2,694) 
     (95) 
     (2,789)
  
    Balance as of June 30, 2024 (Unaudited) 
     4,215,571  
    $4  
    $20,649  
    $(25,552) 
    $(4,899) 
    $391  
    $(4,508)

The accompanying notes are an integral part of
these condensed consolidated financial statements.

 F-4 

SATIVUS TECH CORP.

CONDENSED CONSOLIDATED
STATEMENTS OF CASH FLOWS (Unaudited)

U.S. dollars in thousands

    Six months ended 

    June 30, 

    2025  
    2024 
  
    Cash flows from operating activities: 

    Net income (loss) 
    $(520) 
    $(2,801)
  
    Adjustments to reconcile loss to net cash used in operating activities: 

    Depreciation and amortization 
     80  
     39 
  
    Share based compensation expenses to employees and non-employees 
     –  
     15 
  
    Financial expenses related to convertible loans and warrants 
     85  
     79 
  
    Change in fair value of convertible component in convertible loans 
     (75) 
     2,227 

    Changes in assets and liabilities: 

    Decrease (Increase) in other accounts receivable 
     6  
     (3)
  
    Increase in accounts receivable 
     (4) 
     – 
  
    Decrease (Increase) in trade payables 
     216  
     6 
  
    Decrease (Increase) in other