Company: ZNOG
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001437749-25-009623
Chunk: 893

Company: ZION OIL & GAS INC
Filing Date: 2025-03-27
Form: 10-K
Item: Item 7A
Chunk 893
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,  
   2024    2023  
 Weighted-average fair value of underlying stock at grant date   —   0.07 
 Dividend yields   —   — 
 Expected volatility   —   134%
 Risk-free interest rates   —   4.61%
 Expected life (in years)   —   10 
 Weighted-average grant date fair value   —   0.06 

        F-
       24

        Zion Oil & Gas, Inc.

        Notes to Consolidated Financial Statements

   Note 6 - Stockholders’ Equity (cont’d)
    
   The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant for periods corresponding with the expected life of the options.
    
   The expected life represents the weighted average period of time that options granted are expected to be outstanding. The expected life of the options granted to employees and directors is calculated based on the Simplified Method as allowed under Staff Accounting Bulletin No. 110 (“SAB 110”), giving consideration to the contractual term of the options and their vesting schedules, as the Company does not have sufficient historical exercise data at this time. The expected life of the option granted to non-employees equals their contractual term. In the case of an extension of the option life, the calculation was made on the basis of the extended life.
    
   D. Compensation Cost for Warrant and Option Issuances 
    
   The following table sets forth information about the compensation cost of warrant and option issuances recognized for employees and directors:
    
    For the year ended December 31,  
 2024    2023  
 US$ thousands    US$ thousands  
331  1,031 

   The following table sets forth information about the compensation cost of warrant and option issuances recognized for non-employees:
    
    For the year ended December 31,  
 2024    2023  
 US$ thousands    US$ thousands  
3  3 

   The following table sets forth information about the compensation cost of option issuances recognized and capitalized to Unproved Oil & Gas properties:
    
    For the year ended December 31,  
 2024    2023  
 US$ thousands    US$ thousands  
-  - 

   As of  December 31,