Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Consolidated Statements of Shareholders??? Deficit

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Consolidated Statements of Shareholders’ Deficit - USD ($)
Ordinary shares
Additional paid-in Capital
Treasury stocks
Accumulated deficit
Total
Balance at Dec. 31, 2020 $ 73,403 $ 20,732,834 $ (122,482) $ (33,555,500) $ (12,871,745)
Balance (in Shares) at Dec. 31, 2020 26,986,203        
Issuance of ordinary shares in connection with conversion of convertible loans $ 180,399 12,897,067 13,077,466
Issuance of ordinary shares in connection with conversion of convertible loans (in Shares) 57,790,416        
Issuance of additional ordinary shares to former Jet CU shareholders in return for forfeiting their related warrants $ 16,948 471,959 488,907
Issuance of additional ordinary shares to former Jet CU shareholders in return for forfeiting their related warrants (in Shares) 5,428,572        
Advance payment on the account of issuing ordinary shares 350,000 350,000
Stock based compensation 458,373 458,373
Net loss (2,518,864) (2,518,864)
Balance at Dec. 31, 2021 $ 270,750 34,910,233 (122,482) (36,074,364) (1,015,863)
Balance (in Shares) at Dec. 31, 2021 90,205,191        
Issuance of ordinary shares in connection with Professional service rendered $ 229 6,521 6,750
Issuance of ordinary shares in connection with Professional service rendered (in Shares) 75,000        
Issuance of Ordinary Shares $ 170,611 3,459,212 3,629,823
Issuance of Ordinary Shares (in Shares) 56,854,601        
Stock based compensation 480,942 480,941
Net loss (4,509,547) (4,509,547)
Balance at Dec. 31, 2022 $ 441,590 38,856,908 (122,482) (40,583,911) (1,407,895)
Balance (in Shares) at Dec. 31, 2022 147,134,792        
Issuance of Ordinary Shares $ 99,466 2,407,068 2,506,534
Issuance of Ordinary Shares (in Shares) 35,807,626        
Stock based compensation 68,251 68,251
Net loss (2,071,997) (2,071,997)
Balance at Dec. 31, 2023 $ 541,056 $ 41,332,227 $ (122,482) $ (42,655,908) $ (905,107)
Balance (in Shares) at Dec. 31, 2023 182,942,418