Fair Value Measurements

6 Months Ended

Jun. 30, 2025

Fair Value Measurements [Abstract]

FAIR VALUE MEASUREMENTS

NOTE 6:- FAIR VALUE MEASUREMENTS

The following table presents information about the Company’s liabilities that are measured at fair value on a recurring basis as of December 31, 2024 and June 30, 2025 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

	December 31, 2024
	Level 1		Level 2		Level 3
Warrants Liability – Public Warrants	$	2,857	$	-	$	-
Warrant Liability – Private Warrants		-		-		481
Total	$	2,857	$	-	$	481

	June 30, 2025
	Level 1		Level 2		Level 3
	(Unaudited)
Warrants Liability – Public Warrants	$	3,267	$	-	$	-
Warrant Liability – Private Warrants		-		-		514
Total	$	3,267	$	-	$	514

The fair value of the Public Warrants is determined with reference to the prevailing market price for warrants that are trading on Nasdaq under the ticker DRTSW.

As of December 31, 2024, the Private Warrants were valued using a blend of the Public Warrant prevailing market price and a Black Scholes Option Pricing Model, which is considered to be a Level 3 fair value measurement. As part of the inputs used in the Black-Scholes model to determine the fair value of the Private Warrants, the expected volatility of the Ordinary Shares was estimated based on the historical volatility of the Company’s publicly traded Ordinary Shares. Since June 30, 2025, the Company has applied the market approach to determine fair value, using quoted prices of the Public Warrants as of the balance sheet date.

The following table provides the inputs used for Level 3 fair value measurements:

	December 31, 2024
Expected term (years)		2.18
Expected volatility		64.49	%
Risk-free interest rate		4.25	%
Expected dividend yield		0	%
Fair value of Ordinary share	$	3.10
Exercise price	$	11.5

The following table presents the changes in the fair value of Level 3 Private Warrants liability:

	December 31,			June 30, 2025
	2024			(unaudited)
Fair value at beginning of the period	$	977		$	481
Change in fair value		(496	)		33
Fair value at end of the period	$	481		$	514

There were no transfers in or out of Level 3 from other levels in the fair value hierarchy.