Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 183

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 19
Chunk 183
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 resulted from one main customer (representing12% of total revenues). Revenue in 2022 of
$6,948thousand resulted from one main customer (representing37% of total revenues).

As of December 31, 2024, 2023 and 2022, all of
the Company’s property and equipment is located in Israel.

Cost of revenue

                                                                            Year ended December 31                        
                                                                                              2024                        
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                                         U. S. dollar in thousands                        
  Payroll and related expenses                                                                 314        376        364  
  Share-based payment                                                                           24          8         20  
  Internet protocols addresses’ costs                                                        5,462      3,848      2,135  
  Networks and servers                                                                       1,188        758        570  
  Traffic acquisition costs                                                                     32      1,080      3,070  
  Platform providers fees                                                                      184        679      1,113  
  Amortization and impairment of intangible assets and depreciation                            590        903      1,116  
  Other                                                                                        121         59         14  
                                                                                             7,915      7,711      8,402  

F-31

ALARUM TECHNOLOGIES LTD.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)

NOTE 16 - RESEARCH AND
DEVELOPMENT EXPENSES:

                                    Year ended December 31                                      
                                    2024                                                        
 ────────────────────────────────────────────────────────────────────────────────────────────────
                                    U. S. dollar in thousands                                   
  Payroll and related expenses                                     3,220      2,700      2,305  
  Share-based payment                                                511        220        524  
  Subcontractors                                                     294        155        619  
  Depreciation                                                       124        102         73  
  Other                                                              346        380        303  
                                                                   4,495      3,557      3,824  

NOTE 17 - SELLING AND MARKETING EXPENSES:

                                                                            Year ended December 31                          
                                                                                              2024                          
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                                         U. S. dollar in thousands                          
  Payroll and related expenses                                                               4,