Company: RGNT
Filing Date: 2025-02-12
Form Type: DRS/A
Source: 0001213900-25-012299
Chunk: 297

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-02-12
Form: DRS/A
Chunk 297
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 TO FINANCIAL STATEMENTS

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

| NOTE 12:- | SELECTED STATEMENTS OF COMPREHENSIVE INCOME DATA (Cont.) |

| b. | General and administrative expenses: |

|                                                     |     | Year Ended December 31, |  2023 |     |   | 2022 |
|:----------------------------------------------------|:----|:------------------------|------:|:----|:--|-----:|
| Professional fees (*)                               |     | $                       | 1,013 |     | $ |  346 |
| Rent, office maintenance and communication-overhead |     |                         |    84 |     |   |   84 |
| Others                                              |     |                         |    28 |     |   |    6 |
| Total                                               |     | $                       | 1,125 |     | $ |  436 |

| (*) | Professional fees in 2023 include $451 resulted from recognition of prepaid issuance costs associated with its former IPO process, recognized as expense following the entry into the Business Combination Agreement with OceanTech during the second quarter of 2023. |

| c. | Financial expenses, net: |

|                                       |     | Year Ended December 31, |  2023 |   |     |   | 2022 |   |
|:--------------------------------------|:----|:------------------------|------:|:--|:----|:--|-----:|:--|
| Revaluation of convertible notes      |     | $                       | 2,019 |   |     | $ |  397 |   |
| Accretion of short-term loan discount |     |                         |   173 |   |     |   |    - |   |
| Revaluation of warrant liability      |     |                         |   (62 | ) |     |   | (100 | ) |
| Bank fees                             |     |                         |     3 |   |     |   |    2 |   |
| Exchange rate differences             |     |                         |    68 |   |     |   | (257 | ) |
| Total                                 |     | $                       | 2,201 |   |     | $ |   42 |   |

| NOTE 13:- | RELATED PARTY TRANSACTIONS |

The Company rents its office in Herzliya,
Israel that is being provided by E.G Archimedes Ltd, which