Company: RGNT
Filing Date: 2025-07-07
Form Type: F-1/A
Source: 0001213900-25-061821
Chunk: 259

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-07-07
Form: F-1/A
Chunk 259
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 and annual basis. All disclosure requirements of ASU 2023-07
are required for entities with a single reportable segment. ASU 2023-07 is effective starting January 1, 2024 and should be applied on
a retrospective basis to all periods presented. The Company has adopted this standard for the 2024 fiscal year financial statements and
interim financial statements thereafter and has applied this standard retrospectively for all prior periods presented in the financial
statements (see Note 13 – Segment Reporting for further information).

| o. | Accounting pronouncement not yet adopted |

As an “emerging growth company”,
the Jumpstart Our Business Startups Act (“JOBS Act”) allows the Company to delay adoption of new or revised accounting pronouncements
applicable to public companies until such pronouncements are made applicable to private companies. The Company has elected to use this
extended transition period under the JOBS Act. The adoption dates discussed below reflect this election.

<div align='center'>F-13</div>

REGENTIS BIOMATERIALS LTD.

NOTES TO FINANCIAL STATEMENTS

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

| NOTE 2:- | SIGNIFICANT ACCOUNTING POLICIES (Cont.) |

In December 2023, the FASB issued ASU
No. 2023-09, Income Tax (Topic 740): Improvements to Income Tax Disclosures, which amended disclosure requirements for income
taxes. The primary changes from this update relate to improvements over income tax disclosures related to the rate reconciliation, income
taxes paid and other disclosures. The amendments in this update are effective for annual reporting periods beginning after December 15,
2025, with early adoption permitted. The Company is currently evaluating the effect of adopting the ASU on its disclosures.

In November 2024, the Financial Account
Standards Board (FASB), issued Accounting Standards Update (ASU) 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures. ASU 2024-03 is intended to improve disclosures about a public business entity’s expense
and provide more detailed information to investors about the types of expenses in commonly presented expense captions. The amendments
in this ASU are effective for the Company in fiscal year 2028 on a retrospective basis, with early adoption permitted. The Company is
currently evaluating the potential impact of this guidance on its disclosures.

| NOTE 3:- | OTHER CURRENT AS