Company: SATT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002119
Chunk: 42

Company: SATIVUS TECH CORP.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 42
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3:-
    CONVERTIBLE LOANS (Cont.)

The Company accounted for the director’s
loan in accordance with ASC 470-20, Debt with conversion and other Options. The combined intrinsic value of the BCF for the August 2020
Loan was calculated and valued at $129 as of July 31, 2020, and the Company allocated $129 to the BCF as a liability. As of December 31,
2024, the BCF was revalued at $58 ($182 as of December 31, 2023).

The Company estimated the fair value
of BCF using the Monte Carlo option pricing model using the following weighted average assumptions:

     Schedule of assumptions used for valuation 

    July 31, 2024  
    December 31, 2024  
    December 31, 2023 
  
    Share price 
    $0.86  
    $0.13  
    $0.16 
  
    Dividend yield 
     0%  
     0%  
     0% 
  
    Risk-free interest rate 
     0.11%  
     4.37%  
     5.26% 
  
    Expected term (in years) 
     2  
     0.25  
     0.50 
  
    Volatility 
     164.04%  
     69.59%  
     54.14% 

During the year ended December 31, 2024,
the Company recorded interest expenses related to Director Loan in the amount of $21, and financial interest in the amount of $12 during
the year ended December 31, 2023.

On January 2023, the Company paid accrued
interest of the October 2019 Loan in the amount of $21.

On December 10, 2023, the Loan agreement
was extended until June 30, 2024.

On November 1, 2024, the loan agreement
was extended until March 31, 2025.

    NOTE 4:-
    RELATED PARTIES

The following transactions arose with
related parties:

     Schedule of related party transactions 

    Year ended December 31, 2024  

    Directors Fees  
    Consulting Fees / Salaries  
    Other Expenses  
    Total  
    Amounts owing to as of December 31, 202