SHAREHOLDERS’ EQUITY (Tables)

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

SCHEDULE OF FAIR VALUE OF OPTIONS GRANTED USING THE BLACK-SCHOLES OPTION PRICING MODEL

	As of December 31,
	2023		2022
Exercise price		$0.8-$0.14		$0.28-$0.65
Expected volatility		95%-90%		93%-95%
Risk-free interest		4.5%-3.8%		1.5%-4.5%
Expected life of up to (years)		4.1-4.4		3.5-4.5

SCHEDULE OF OPTION ACTIVITY

The following table summarizes the option activity for the years ended December 31, 2023, and 2022 for options granted to employees, officers, and directors:

	As of December 31,
	2023							2022							2021
	Number of options			Weighted average exercise price		Weighted average remaining contractual term. (In years)		Number of options			Weighted average exercise price		Weighted average remaining contractual term. (In years)		Number of options			Weighted average exercise price		Weighted average remaining contractual term. (In years)
Outstanding at beginning of period		34,253,216		$	0.43		5.92		22,860,713		$	0.5		4.84		24,076,750		$	0.47		1.61
Granted		2,675,000							13,075,000							3,355,000
Exercised		-							(33,333	)						(2,707,286	)
Forfeited		(1,308,333	)						(1,649,164	)						(1,863,751	)
Outstanding at the end of period		35,619,883		$	0.13		4.13		34,253,216		$	0.43		5.92		22,860,713			0.5		4.84
Exercisable at the end of period		23,525,726							19,427,796							14,749,296

(*) The weighted average fair value of options granted during the year ended December 31, 2023, was $ 0.04 per share.

SCHEDULE OF SHARE-BASED COMPENSATION EXPENSE

The total share-based compensation expense, related to Ordinary Shares, options granted to employees, directors and service providers was comprised, at each period, as follows:

	Year ended December 31,
	2023		2022		2021
	USD in thousands
Cost of revenues		9		25		5
Research and development		849		929		1,161
Sales and Marketing		118		196		169
General and administrative		465		676		1,129
		1,441		1,826		2,464
Less: Share-based compensation expense attributable to non-controlling interests		150		225		154
Share-based compensation expense attributable to Foresight Autonomous Holdings Ltd.		1,291		1,601		2,310