Company: SATT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002119
Chunk: 216

Company: SATIVUS TECH CORP.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 216
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21 

SATIVUS TECH CORP.

NOTES TO FINANCIAL STATEMENTS

U.S. dollars in thousands, except per share
data

    NOTE 4:-
    RELATED PARTIES (Cont.)

    Year ended December 31, 2023  

    Directors Fees  
    Consulting Fees / Salaries  
    Share based awards  
    Total  
    Amounts owing to as of December 31, 2024 
  
    Director and CEO 
    $–  
    $202  
    $37  
    $239  
    $15 
  
    CFO Compensation 
     –  
     5  
     –  
     5  
     5 
  
    CFO Compensation 
     –  
     54  
     5  
     77  
     18 
  
    Company controlled by CFO 
     –  
     50  
     –  
     50  
     – 
  
    Directors 
     –  
     104  
     20  
     124  
     110 

    $–  
    $415  
    $62  
    $490  
    $143 

    a
    The Company signed an agreement with the CFO, effective December 1, 2023, pursuant to which the CFO received $3 per month for his services. Amounts owed to the CFO as of December 31, 2024, were $21.

    b.
    The Company signed an agreement with the CEO of Saffron Tech, effective
December 12, 2021, pursuant to which the newly appointed CEO will received $11.3 per month. The CEO resigned from her position on 28th
October 2024. During the years ended December 31, 2024, and 2023, the Company paid compensation expenses to the CEO in the amount of $167
and $202, respectively.

    NOTE 5:-
    SHAREHOLDERS’ EQUITY

    a.
    As of December 31, 2024, and 2023, the Company’s share capital is composed as follows:

     Schedule of company’s share capital 

    December 31, 2024  
    December 31, 2023 

    Authorized  
    Issued and outstanding  
    Authorized