Company: NCEL
Filing Date: 2025-10-17
Form Type: POS AM
Source: 0001213900-25-099986
Chunk: 62

Company: NewcelX Ltd.
Filing Date: 2025-10-17
Form: POS AM
Chunk 62
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’s Chief Executive Officeris the Company’s CODM.The CODM reviews financial information presented on a consolidated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance. The CODM uses consolidated net income (loss) to assess performance, evaluate cost optimization, and allocate resources, including personnel -relatedand financial or capital resources, in the annual budget and forecasting process, as well as budget -to-actualvariances on a monthly basis. As such, the Company has determined that it operates as oneoperating and reportable segment. The significant expenses regularly reviewed by the CODM are consistent with those reported on the Company’s consolidated statement of operations and expenses are not regularly reviewed on a more disaggregated basis for assessing segment performance and deciding how to allocate resources. The CODM does not regularly review total assets for the Company’s single reportable segment as total assets are not used to assess performance or allocate resources. Recent Accounting Pronouncements Not Yet Adopted In December 2023, the FASB issued ASU 2023 -09, “ Income Taxes (Topic 740): Improvements to Income Tax Disclosures” (“ASU 2023 -09”). The ASU focuses on income tax disclosures around effective tax rates and cash income taxes paid. ASU 2023 -09requires public business entities to disclose, on an annual basis, a rate reconciliation presented in both dollars and percentages. The guidance requires the rate reconciliation to include specific categories and provides further guidance on disaggregation of those categories based on a quantitative threshold equal to 5% or more of the amount determined by multiplying pretax income (loss) from continuing operations by the applicable statutory rate. For entities reconciling to the US statutory rate of 21%, this would generally require disclosing any reconciling items that impact the rate by 1.05% or more. ASU 2023 -09is effective for public business entities for annual periods beginning after December 15, 2024 (generally, calendar year 2025) and effective for all other business entities one year later. Entities should adopt this guidance on a prospective basis, though retrospective application is permitted. The adoption of ASU 2023 -09is expected to have a financial statement disclosure impact only and is not expected to have a material impact on the Company’s consolidated financial statements. In November 2024, the FASB issued ASU 2024 -03, “ Disaggregation of Income Statement Expenses” a new accounting standard to improve the disclosures about an entity’s expenses