Company: BNRG
Filing Date: 2025-03-04
Form Type: 20-F
Source: 0001213900-25-020178
Chunk: 132

Company: Brenmiller Energy Ltd.
Filing Date: 2025-03-04
Form: 20-F
Item: Item 19
Chunk 132
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 “penny warrant”) have been excluded from the calculation of the
diluted net loss per share since their effect was anti-dilutive.

These include as of December 31, 2024:
Share option and warrants exercisable to1,492,017Ordinary Shares that, as of December 31, 2024, have zero effect under the treasury
stock method and share options that are “in the money” exercisable to350,250Ordinary Shares.

F-37

Brenmiller Energy Ltd.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

NOTE 14 - SEGMENT INFORMATION:

The
Company identifies operating segments as components of the consolidated operations for which discrete financial information is available
and is regularly reviewed by the chief operating decision maker, in making decisions regarding resource allocation and evaluating financial
performance. The Company defines the term “chief operating decision maker” to be its chief executive officer. The Company
determined that it operates in one TM

The significant segment expenses and
other segment items that are provided to the CODM align with expense information that is included in the Company’s consolidated
income statement and notes thereto.

The measure
ofsegment assets is reported in the balance sheet as total consolidated assets. The
Company’s long-lived assets are located in Israel.

NOTE 15 - SUBSEQUENT EVENTS:

  After balance sheet date, up to the date of approval of these financial                                                                

  In January 2025, the board of directors approved the grant of share based payments as follows:  
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With respect to 2024 remuneration
scheme to officers of the Company: following the approval of the remuneration committee of the amounts due of $300thousand
(presented as a liability as of December 31, 2024) the Company granted to its officers72,826share options with a value of $163thousand and60,810restricted shares (RS) with a value of $137thousand (the number of options and RS granted were determined post balance sheet date upon approval by the remuneration
committee, resulting with the reclassification of the liability to equity in 2025);

Under the 2025 preservation of employees’
plan: 14,428share options with the value of $32thousand and173,391RS with a value of $390thousand, that will be recognized as an
expense in 2025.