Company: ZNOG
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001437749-25-009623
Chunk: 775

Company: ZION OIL & GAS INC
Filing Date: 2025-03-27
Form: 10-K
Item: Item 2
Chunk 775
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 Other income (expense), net         
 Foreign exchange (loss)   (6)  (4)
 Financial gain (expenses), net   2   2 
         
 Loss before income taxes   (7,343)  (7,957)
 Income taxes   -   - 
         
 Net loss   (7,343)  (7,957)
         
 Net loss per share of common stock - basic and diluted (in US$)   (0.01)  (0.01)
         
 Weighted-average shares outstanding–basic and diluted (in thousands)   797,267   568,351 

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

      F-4

Zion Oil & Gas, Inc.

Consolidated Statements of Changes in Stockholders’ Equity

For the years ended December 31, 2024 and 2023

              Additional          
   Common Stock    paid-in    Accumulated      
   Shares    Amounts    Capital    deficit    Total  
       US$    US$    US$    US$  
   thousands    thousands    thousands    thousands    thousands  
 Balances as of December 31, 2022   524,231   5,242   296,460   (278,602)  23,100 
 Funds received from sale of DSPP units and shares and exercise of warrants   115,621   1,156   5,793   -   6,949 
 Funds received from option exercises   150   2   10   -   12 
 Costs associated with the issuance of shares   -   -   (1,120)  -   (1,120)
 Value of options granted to employees, directors and others as non-cash compensation   -   -   1,034   -   1,034 
 Net loss   -   -   -   (7,957)  (7,957)
 Balances as of December 31, 2023   640,002   6,400   302,177   (286,559)  22,018 
                     
 Funds received from sale of DSPP units and shares and exercise