ZOOZ Power Limited (ZOOZ) 424B3 28 Jan 25 Prospectus supplement Financial data

Cover

Cover	6 Months Ended
	Jun. 30, 2024
Cover [Abstract]
Document Type	424B3
Amendment Flag	false
Entity Registrant Name	ZOOZ Power Ltd.
Entity Central Index Key	0001992818

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024		Dec. 31, 2023		Dec. 31, 2022
CURRENT ASSETS:
Cash and cash equivalents	$ 7,721		$ 6,672		$ 20,569
Prepaid expenses and other current assets			752		597
Short term deposits	3,507
Prepaid expenses	838		203		66
Other current assets	611		549
Inventory	2,470		2,848		1,767
TOTAL CURRENT ASSETS	15,147		10,272		22,933
NON-CURRENT ASSETS:
Restricted bank deposits	219		224		224
Prepaid expenses	104		79		90
Operating lease right of use assets	1,133		1,309		1,463
Property and equipment, net	1,411		1,593		723
TOTAL NON-CURRENT ASSETS	2,867		3,205		2,500
TOTAL ASSETS	18,014		13,477		25,433
CURRENT LIABILITIES:
Accounts payable	303		536		485
Other payables and accrued expenses	912		1,387		352
Short term employee benefits	662		788		766
Share based payment liabilities			232		996
Current maturities of operating lease liabilities	313		309		321
TOTAL CURRENT LIABILITIES	5,115		3,252		2,920
NON-CURRENT LIABILITIES:
Warrants liability	181
Operating lease liabilities	824		1,035		1,252
TOTAL NON-CURRENT LIABILITIES	1,005		1,035		1,252
TOTAL LIABILITIES	6,120		4,287		4,172
COMMITMENTS AND CONTINGENCIES (Note 6)
SHAREHOLDERS’ EQUITY:
Share capital - Ordinary shares of NIS 0.00286 par value - Authorized: 34,973,575 shares on June 30, 2024 and December 31, 2023; Issued and outstanding: 12,066,115 shares on June 30, 2024 and 5,912,223 on December 31, 2023	10	[1]	5	[1],[2]	5	[2]
Additional paid-in capital	66,822		58,780	[2]	58,277	[2]
Accumulated other comprehensive loss	(2,520)		(2,414)	[2]	(1,595)	[2]
Accumulated deficit	(52,418)		(47,181)	[2]	(35,426)	[2]
TOTAL EQUITY	11,894		9,190	[2]	21,261	[2]
TOTAL LIABILITIES AND EQUITY	18,014		13,477	[2]	$ 25,433	[2]
Nonrelated Party [Member]
CURRENT LIABILITIES:
Promissory note	856
Related Party [Member]
CURRENT LIABILITIES:
Promissory note	$ 2,069
[1]All share and per share information retroactively reflects reverse stock split – see note 1.[2]Adjusted to reflect reverse stock split, see Note 11

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - ₪ / shares	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Common stock, par value	₪ 0.00286	₪ 0.00286	₪ 0.00286
Common stock, shares authorized	34,973,575	34,973,575	34,973,575
Common stock, shares issued	12,066,115	5,912,223	5,912,223
Common stock, shares outstanding	12,066,115	5,912,223	5,912,223

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	6 Months Ended				12 Months Ended
	Jun. 30, 2024		Jun. 30, 2023		Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021
Income Statement [Abstract]
Revenues	$ 543		$ 784		$ 764
Cost of revenue	751		981		1,869		178
Gross loss	(208)		(197)		(1,105)		(178)
Research and development, net	2,429		2,652		5,215		4,163		1,523
Sales and marketing, net	830		1,331		3,041		1,672		987
General and administrative	1,792		1,528		2,850		2,189		2,028
Operating loss	(5,259)		(5,708)		(12,211)		(8,202)		(4,538)
Finance income, net	22		306		456		377		(43)
Loss before income tax					(11,755)		(7,825)		(4,581)
Income tax benefit
Net loss	$ (5,237)		$ (5,402)		$ (11,755)		$ (7,825)		$ (4,581)
Net loss per ordinary share attributable to shareholders basic	$ (0.59)	[1]	$ (0.91)	[1]	$ (1.99)	[2]	$ (1.51)	[2]	$ (2.27)	[2]
Net loss per ordinary share attributable to shareholders diluted	$ (0.59)	[1]	$ (0.91)	[1]	$ (1.99)	[2]	$ (1.51)	[2]	$ (2.27)	[2]
Weighted average ordinary shares outstanding basic	8,854	[1]	5,912	[1]	5,912	[2]	5,166	[2]	2,020	[2]
Weighted average ordinary shares outstanding diluted	8,854	[1]	5,912	[1]	5,912	[2]	5,166	[2]	2,020	[2]
[1]All share and per share information retroactively reflects reverse stock split – see note 1.[2]Adjusted to reflect reverse stock split, see Note 11

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net Loss	$ (5,237)	$ (5,402)	$ (11,755)	$ (7,825)	$ (4,581)
Other Comprehensive loss
Reporting currency translation loss	(106)	(891)	(819)	(1,965)	370
Total other comprehensive loss	(106)	(891)	(819)	(1,965)	370
Total comprehensive loss	$ (5,343)	$ (6,293)	$ (12,574)	$ (9,790)	$ (4,211)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands		Preferred Stock [Member] Redeemable Convertible Preferred Stock [Member]		Common Stock [Member]		Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2020		$ 21,878						$ (23,020)	$ (23,020)
Balance, shares at Dec. 31, 2020		18,881,400	[1]	349,736
Share-based compensation						346			346
Net loss								(4,581)	(4,581)
Other comprehensive income							370		370
Public offering of shares, net of issuance costs				$ 2		7,643			7,645
Public offering of shares, net of issuance costs, shares				295,125
Conversion of preferred shares into ordinary shares		$ (21,878)				21,878			21,878
Conversion of preferred shares into ordinary shares, shares		(18,881,400)	[1]	1,650,875
Balance at Dec. 31, 2021				$ 2		29,867	370	(27,601)	2,638
Balance, shares at Dec. 31, 2021			[1]	2,295,736	[2]
Share-based compensation						543			543
Net loss								(7,825)	(7,825)
Other comprehensive income							(1,965)		(1,965)
Public offering of shares, net of issuance costs				$ 3		27,867			27,870
Public offering of shares, net of issuance costs, shares	[2]			3,616,487
Balance at Dec. 31, 2022				$ 5		58,277	(1,595)	(35,426)	21,261
Balance, shares at Dec. 31, 2022	[3]			5,912,223
Share-based compensation						280			280
Net loss								(5,402)	(5,402)
Other comprehensive income							(891)		(891)
Balance at Jun. 30, 2023				5		58,557	(2,486)	(40,828)	15,248
Balance at Dec. 31, 2022				$ 5		58,277	(1,595)	(35,426)	21,261
Balance, shares at Dec. 31, 2022	[3]			5,912,223
Share-based compensation						503			503
Net loss								(11,755)	(11,755)
Other comprehensive income							(819)		(819)
Balance at Dec. 31, 2023				$ 5		58,780	(2,414)	(47,181)	9,190
Balance, shares at Dec. 31, 2023	[3]			5,912,223
Share-based compensation						190			190
Net loss								(5,237)	(5,237)
Other comprehensive income							(106)		(106)
Public offering of shares, net of issuance costs				$ 5		7,550			7,555
Public offering of shares, net of issuance costs, shares				6,153,892
Reclassification of liability classified share-based compensation awards to equity (Note 8)						302			302
Balance at Jun. 30, 2024				$ 10		$ 66,822	$ (2,520)	$ (52,418)	$ 11,894
Balance, shares at Jun. 30, 2024				12,066,155
[1]Adjusted to reflect reverse stock split, see Note 11[2]Adjusted to reflect reverse stock split, see Note 11[3]Adjusted to reflect reverse stock split, see Note 11

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) $ in Thousands, ₪ in Millions	6 Months Ended
	Jun. 30, 2024 USD ($)
Subsidiary, Sale of Stock [Line Items]
Issuance cost	$ 148

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (5,237)	$ (5,402)	$ (11,755)	$ (7,825)	$ (4,581)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	164	97	239	131	44
Non-cash finance expenses (income), net	31	(132)	(206)	(279)	34
Net changes in operating lease assets and liabilities	(31)	(109)	(148)	119	(3)
Gain from disposal of assets				(16)
Share-based compensation	264	141	(219)	(1,751)	(1,315)
Changes in operating assets and liabilities:
Trade receivables		(304)			36
Prepaid expenses and other current assets	(764)	129	(163)	(74)	(132)
Inventory	283	(1,250)	(1,117)	(1,405)	(462)
Accounts payable	(218)	797	64	10	(28)
Other payables and accrued expenses	(432)	388	1,028	51	244
Short term employee benefits	(100)	(163)	45	492	78
Net cash used in operating activities	(6,040)	(5,808)	(12,232)	(10,547)	(6,085)
CASH FLOWS FROM INVESTING ACTIVITIES:
Investment in Short Term Deposit	(3,500)
Purchase of equipment	(38)	(583)	(1,365)	(500)	(298)
Grants received for property and equipment			250
Long term restricted deposits	224		(224)
Net cash used in investing activities	(3,314)	(583)	(1,339)	(500)	(298)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of shares and warrants, net of issuance costs				27,870	7,645
Proceeds from issuance of shares, net of issuance costs	7,551
Proceeds from issuance promissory notes	2,870
Proceeds from issuance warrants liability	306
Net cash provided by financing activities	10,727			27,870	7,645
Effect of change in exchange on cash balances in foreign currencies	(105)	(622)	(550)	(1,906)	428
Net change in cash and cash equivalent	1,268	(7,013)	(14,121)	14,917	1,690
Cash and cash equivalents and restricted bank deposits at beginning of period	6,672	20,793	20,793	5,876	4,186
Cash and cash equivalents and restricted bank deposits at end of period	7,940	13,780	6,672	20,793	5,876
Supplemental disclosure of cash flow information
Operating lease liabilities arising from obtaining right-of-use assets	22	36	55	319	1,496
Purchase of equipment		23			196
Reclassification inventory to property and equipment		195	195
Conversion of preferred shares into ordinary shares					$ 21,878
Modification of lease contract	32
Reclassification of liability classified share-based compensation awards to equity	$ 302

GENERAL

GENERAL	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GENERAL	Note 1 - GENERAL ZOOZ Power Ltd. (hereinafter - “the Company”), an Israeli Company, was incorporated and commenced operations in Israel on February 5, 2013. The offices of the Company are located at 4 Hamelacha St., Lod, Israel. The Company operates as one In March 2021, the Company completed an initial public offering of shares and marketable warrants on the Tel Aviv Stock Exchange and became a public Company and started trading on that day. In March 2022, the Company completed a public offering of shares and warrants. On April 4, 2024 (the “Closing Date”), the Company and Keyarch Acquisition Corporation, a Cayman Islands exempted Company (“Keyarch”), consummated their previously announced business combination, dated as of July 30, 2023 (as amended on February 9, 2024, March 8, 2024 and March 15, 2024, the “Business Combination Agreement”), by and among Keyarch, ZOOZ, ZOOZ Power Cayman, a Cayman Islands exempted Company and a direct, wholly owned subsidiary of ZOOZ (“Merger Sub”), Keyarch Global Sponsor Limited, a Cayman Islands exempted Company. The merger of Keyarch with Merger Sub resulted in the exchange of shares of Keyarch ordinary shares held by Keyarch shareholders for newly issued ZOOZ ordinary shares on a one-to-one basis. The merger was not within the scope of ASC 805 (“Business Combinations”) because Keyarch did not meet the definition of a business in accordance with ASC 805. The merger was accounted for as a recapitalization; as such, any difference between the fair value of ZOOZ ordinary shares issued and the fair value of Keyarch’s identifiable net assets should be recorded as additional paid-in capital. At the Closing Date and upon the terms and subject to the conditions of the Business Combination Agreement, and in accordance with the Cayman Act, Keyarch and Merger Sub consummated the Merger, pursuant to which Merger Sub was merged with and into Keyarch, with Keyarch being the surviving Company, following which the separate corporate existence of Merger Sub ceased and Keyarch continued as the surviving Company Pursuant to the Closing Date , Keyarch became a direct, wholly-owned subsidiary of the Company. On February 9, 2024, Keyarch and the Company entered into subscription agreements with certain investors (hereinafter - “subscription agreements”). Under the terms of the Subscription Agreements, the PIPE Investors agreed to subscribe for and purchase, an aggregate of 1,300,000 10.00 13,000,000 On March 21, 2024, the extraordinary general meeting of the Company’s shareholders approved a reverse share split of the Company’s ordinary Shares, effective as of March 25, 2024, at a conversion ratio of 11.43720665 The Company accounted for the Reverse Stock Splits on a retroactive basis pursuant to ASC 260. As a result, all common stock, warrants, and options outstanding and exercisable for common stock, exercise prices and loss per share amounts have been adjusted, on a retroactive basis, for all periods presented in these financial statements and the applicable disclosures, to reflect such Reverse Stock Split. On April 4, 2024, ZOOZ issued promissory notes in favor of Keyarch and EarlyBirdCapital (hereinafter EBC underwriters in Keyarch’s initial public offering), for the principal amount of $ 2,030,000 840,000 April 4, 2026 8 15 Further, at any time, EBC may elect to have any amount of outstanding principal and/or accrued interest of the EBC Note by the transfer of Sponsor Earnout Shares then remaining in the Escrow Account (as defined below) to EBC, with the price per Sponsor Earnout Share for purposes of determining the amount of the obligations satisfied under the EBC Note for such prepayment being equal to ninety percent (90%) of the volume weighted average price of an ordinary share of ZOOZ on the principal U.S. securities exchange on which ZOOZ’s ordinary shares then trade for the five trading day period ending on the trading day immediately prior to the Sponsor’s and ZOOZ’s receipt of the applicable prepayment notice from EBC . ZOOZ POWER LTD NOTES TO THE FINANCIAL STATEMENTS (continued) (Unaudited) The Sponsor Earnout Shares were deposited in an escrow account (the “Escrow Account”) at the Closing pursuant to an escrow agreement, dated April 4, 2024 (the “Escrow Agreement”), which Escrow Agreement governs the release of such Sponsor Earnout Shares in accordance with the Sponsor Letter Agreement, Sponsor Note and EBC Note. The Company’s shareholders are entitled to additional contingent consideration of up to 4 million ordinary shares upon the Company’s achievement of the applicable earnout milestones (hereinafter - “the Earnout Rights”), During five years commencing at the end of the full fiscal quarter following the Closing date. In the event the volume-weighted average price of ZOOZ ordinary shares (“ VWAP exceeds $12, for any twenty (20) trading days within any thirty (30) consecutive trading day period during such period, then 1 million Earnout Shares will be issuable (constituting 25% of the Earnout Shares). In addition, in the event the VWAP exceeds $16 for the Trading Period, then 1,400,000 Earnout Shares are issuable (constituting 35% of the Earnout Shares), and additionally, in the event VWAP exceeds $23 for the Trading Period, then 1,600,000 Earnout Shares are issuable (constituting 40% of the Earnout Shares) as set forth in the Business Combination Agreement, in the form of non-tradable, non-assignable rights, that were issued by the Company pro rata to the Pre-Closing Company Shareholders on April 4, 2024. The earnout are indexed to the Company’s own stock and, accordingly, the earnout is now classified within equity In connection to the Closing date of the Business Combination, the Company’s ordinary shares and public warrants began trading on the Nasdaq Capital Market under the ticker symbols “ZOOZ” and “ZOOZW”, respectively, on April 5, 2024, and became a dual Company. Following the Issuance of Earnout rights in April 2024, the Company’s options and warrants conversion ratio has been adjusted, so each option or warrant will be exercisable to 1.18961 As part of the transaction Keyarch’s warrants at an amount of 6,022,050 0.3 The net proceeds received by the Company as part of the Merger Agreement Closing and the PIPE Financing totaled to $ 10.875 148 Current impact of Swords of Iron War On October 7, 2023, following a surprise attack by the terrorist organization, Hamas, from the Gaza Strip, the Israeli government declared the “Swords of Iron” War. Following the attack from the Gaza Strip, an attack was also launched towards northern Israel by the terrorist organization, Hezbollah, from Lebanon and tensions in other sectors increased. As of the date of approval of the financial statements, the security situation in both the southern sector and the northern sector remained tense, and the uncertainty regarding the return to normalcy remains. The Company’s factory is located in the city of Lod. The Company’s facilities were not damaged during the war. In accordance with the guidelines of the National Emergency Authority, there is no denial of access or any restriction in the activity of the Company’s facilities. As of the date of approval of the financial statements, the Company operates normally. As of the date of publication of the financial statements, there is no material impact on the Company’s supply chain. However, if the security situation continues for an extended period of time, the Company’s production capacity and even marketing and advertising activities outside of Israel may be affected. At this stage, the Company cannot reasonably assess the consequences of the continuation of the Swords of Iron War on the level of its activity and the results of this activity. These consequences depend, among other things, on the duration and scope of the war, on its economic effects on the entire economy in Israel and on the ability to raise capital from foreign and local investors and the industry in which the Company operates. ZOOZ POWER LTD NOTES TO THE FINANCIAL STATEMENTS (continued) (Unaudited) The Company continues regularly to monitor the development of events and considers the implications for its business activity and the measures it will take accordingly. Liquidity The Company has net losses for the six months ended June 30, 2024 and June 30, 2023 in the amounts of $ 5,237 5,402 6,040 5,808 The Company has historically financed its operations over the years by raising funds from investors. On April 4, 2024, the Company finalized a merger deal with a SPAC. As part of the merger 10.875 In order to continue the Company’s operations, including research and development and sales and marketing, the Company is looking to secure financing from various sources, including additional investment funding. There is no assurance that the Company will be successful in obtaining the level of financing necessary to finance its operation. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.	Note 1 - GENERAL : ZOOZ Power Ltd. (hereinafter - “the Company”), an Israeli company, was incorporated and commenced operations in Israel on February 5, 2013. The offices of the Company are located at 4 Hamelacha St., Lod, Israel. The Company operates as one operating segment and is engaged in developing, manufacturing, marketing and selling of Energy Storage Solutions, for electric vehicles. The system is based on kinetic storage using flywheels. In March 2021, the Company completed an initial public offering of shares and marketable warrants on the Tel Aviv Stock Exchange and became a public company and started trading on that day. In March 2022, the Company completed a public offering of shares and warrants. For more information see note 11. In June 2023, the Company established a subsidiary in the Cayman Islands, ZOOZ Power Cayman (hereinafter - “the subsidiary”). The subsidiary is wholly owned by the Company. The subsidiary did not operate during 2023. On July 30, 2023, the Company entered into a business combination agreement with Keyarch Acquisition Corporation, a public company incorporated in the Cayman Islands, then traded on the Nasdaq Global Market, which was issued as a Special Purpose Acquisition Company (SPAC) and additional related agreements, according to which a reverse triangular merger take effect, in which the Company recently established a subsidiary registered in the Cayman Islands with which the SPAC company will merge, such that the SPAC has become a private company fully owned ( 100 %) by the Company, against the allocation of shares and tradable warrants of the Company to the shareholders and holders of the SPAC’s tradable warrants. The Company’s shareholders prior to the closing are entitled to additional contingent consideration of up to 4 million ordinary shares upon the Company’s achievement of the applicable earnout milestones (hereinafter - “the Earnout Rights”) (based on share price) as set forth in the Business Combination Agreement, in the form of non-tradable, non-assignable rights, that were issued by the Company pro rata to the Pre-Closing company Shareholders on April 4, 2024. The Earnout Rights may be converted into ZOOZ ordinary shares within 5 years from the lapse of the first quarter following the Closing Upon meeting the applicable milestones. On February 9, 2024, Keyarch and the Company entered into subscription agreements with certain investors (hereinafter - “subscription agreements”). Under the terms of the Subscription Agreements, the PIPE Investors agreed to subscribe for and purchase, an aggregate of 1,300,000 Keyarch Class A ordinary shares for a purchase price of $ 10.00 per share, for gross proceeds of $ 13,000,000 . In addition, pursuant to the Subscription Agreement, the Company agreed to register the Subscription Shares and granted customary resale registration rights to PIPE Investors. On March 21, 2024, the extraordinary general meeting of the Company’s shareholders approved a reverse share split of the Company’s ordinary Shares, effective as of March 25, 2024, at a conversion ratio of 11.43720665 . The Company accounted for the Reverse Stock Splits on a retroactive basis pursuant to ASC 260. As a result, all common stock, warrants, and options outstanding and exercisable for common stock, exercise prices and loss per share amounts have been adjusted, on a retroactive basis, for all periods presented in these financial statements and the applicable disclosures, to reflect such Reverse Stock Split. The closing of the Merger and the Transactions took place on April 4, 2024. At the Effective Time, and upon the terms and subject to the conditions of the Business Combination Agreement, and in accordance with the Cayman Act, Keyarch and Merger Sub consummated the Merger, pursuant to which Merger Sub was merged with and into Keyarch, with Keyarch being the surviving company, following which the separate corporate existence of Merger Sub ceased and Keyarch continued as the surviving company Pursuant to the Closing, Keyarch became a direct, wholly-owned subsidiary of the Company. As part of the merger $ 10 million net was invested in the company. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) In connection to the Closing of the Business Combination, the Company’s ordinary shares and public warrants began trading on the Nasdaq Capital Market under the ticker symbols “ZOOZ” and “ZOOZW”, respectively, on April 5, 2024, and became a dual Company. Following the Issuance of Earnout rights in April 2024, the company’s options and warrants conversion ratio has been adjusted, so each option or warrant will be exercisable to 1.18961 common share. Current impact of Swords of Iron War On October 7, 2023, following a surprise attack by the terrorist organization, Hamas, from the Gaza Strip, the Israeli government declared the “Swords of Iron” War. Following the attack from the Gaza Strip, an attack was also launched towards northern Israel by the terrorist organization, Hezbollah, from Lebanon and tensions in other sectors increased. As of the date of approval of the financial statements, the security situation in both the southern sector and the northern sector remained tense, and the uncertainty regarding the return to normalcy remains. As part of dealing with the threats of a Swords of Iron War, the Israeli government ordered the evacuation of dozens of localities located in the south of the country, around the Gaza Strip, and in the north of the country, along the border with Lebanon, and also imposed restrictions on various gatherings, activities in workplaces and educational activities in accordance with the directives of the Home Front Command. In addition, many citizens were called to reserve service for extended periods of time. The Company’s factory is located in the city of Lod. The Company’s facilities were not damaged during the war. In accordance with the guidelines of the National Emergency Authority, there is no denial of access or any restriction in the activity of the Company’s facilities. As of the date of approval of the financial statements, the Company operates normally. As of the date of publication of the financial statements, there is no material impact on the Company’s supply chain. However, if the security situation continues for an extended period of time, the Company’s production capacity and even marketing and advertising activities outside of Israel may be affected. At this stage, the Company cannot reasonably assess the consequences of the continuation of the Swords of Iron War on the level of its activity and the results of this activity. These consequences depend, among other things, on the duration and scope of the war, on its economic effects on the entire economy in Israel and on the ability to raise capital from foreign and local investors and the industry in which the Company operates. The Company continues regularly to monitor the development of events and considers the implications for its business activity and the measures it will take accordingly. Current impact of the current financial markets and economic conditions ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) The Company’s business may materially be affected by conditions in the financial markets and economic conditions in the U.S. and Europe. 2022 was characterized by steep declines and significant volatility in global markets, driven by investor concerns over inflation, rising interest rates, slowing economic growth and geopolitical uncertainty. Inflation across many key economies reached generational highs, prompting central banks to take monetary policy tightening actions that are likely to create headwinds to economic growth. Continued global supply chain disruption, including due to China’s recurrent restrictions and the ongoing war between Russia and Ukraine, are also contributing to mounting inflationary pressure. In 2022, in the U.S., annual inflation rose to the highest level in over 40 years. Concurrently, Europe experienced high year-over-year inflation. In response to rising inflation, the Federal Reserve raised the federal funds target range and the European Central Bank raised rates for the first time in 11 years. Both central banks reiterated expectations for additional increases in the coming months. While several key economic factors, including employment, wage growth and household savings have demonstrated resilience, the U.S. economic contraction in 2022 has opened a debate among economists as to whether the U.S. has entered, or in the near term will enter, a recession. Liquidity The Company has net losses for the years ended December 31, 2023, 2022 and 2021 in the amounts of $ 11,755 thousands $ 7,825 thousands and $ 4,581 thousands and negative cash flows from operating activities in the amounts of $ 12,232 thousand $ 10,547 thousand and $ 6,085 thousand, respectively. The Company has historically financed its operations over the years by raising funds from investors. On April 4, 2024, the Company finalized a merger deal with a SPAC. As part of the merger 10 million USD net, was invested in the company (for details, see above). Since the Company has just started commercial sales of its products and considering the Company’s expected cash usage, the Company’s cash balance as of December 31, 2023, and as of the date of approval of the financial statements is not sufficient to continue the Company’s operations for at least 12 months from the date of approval of the financial statements. These circumstances raise substantial doubt about the Company’s ability to continue as a going concern. In order to continue the Company’s operations, including research and development and sales and marketing, the Company is looking to secure financing from various sources, including additional investment funding. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	Note 2 - SIGNIFICANT ACCOUNTING POLICIES Use of estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. ZOOZ’s management believes that the estimates, judgments, and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates, and such differences may have a material impact on the Company’s financial statements. As applicable to these financial statements, the most significant estimates relate to inventory net realizable value and share-based compensation. Basis of presentation of financial statements The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial reporting. Certain prior-period amounts were reclassified to conform to the current period presentation. Certain information and footnote disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, the information contained herein reflects all adjustments necessary for a fair statement of our results of operations, financial position, cash flows, and shareholders’ equity. All such adjustments are of a normal, recurring nature. ZOOZ POWER LTD NOTES TO THE FINANCIAL STATEMENTS (continued) (Unaudited) The results of operations for the six months ended June 30, 2024 shown in these financial statements are not necessary indicative of the results to be expected for the full year ending December 31, 2024. The unaudited condensed financial statements should be read in conjunction with the audited financial statements for the year ended December 31, 2023. There have been no material changes in our significant accounting policies as described in our financial statements for the year ended December 31, 2023. The carrying value of cash, other current assets and accounts payables, other payables and accrued expenses (included in the condensed balance sheets) approximates their fair value because of their generally short maturities. The promissory notes bear annual interest at rates close to the prevailing market rates. The fair value of restricted bank deposits approximates the carrying value since they bear interest at rates close to the prevailing market rates. The Company’s financial instruments which are considered as a Level 3 measurement are the warrants liability and the share-based payment liability. For more information see Note 7 and Note 8, respectively. Concentration of credit risks Financial instruments that potentially subject the Company to a concentration of credit risk consist of cash and restricted bank deposits. The Company’s cash and restricted bank deposits are invested in banks domiciled in Israel. Accordingly, management believes that these restricted bank deposits have minimal credit risk. New Accounting Pronouncements Accounting Pronouncements effective in future periods In December 2023, the FASB issued ASU 2023-09 Improvements to Income Tax Disclosures. The ASU improves the transparency of income tax disclosures by requiring (1) consistent categories and greater disaggregation of information in the rate reconciliation and (2) income taxes paid disaggregated by jurisdiction. It also includes certain other amendments to improve the effectiveness of income tax disclosures. The ASU is effective for the Company for annual periods beginning after December 15, 2025. The Company is evaluating the potential impact of this guidance on its consolidated financial statements. The amendments in this Update should be applied on a prospective basis. Retrospective application is permitted. In November 2023, the FASB issued ASU No. 2023-07 Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The ASU improves reportable segments disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company is evaluating the potential impact of this guidance on its Segment disclosure. A public entity should apply the amendments in this Update retrospectively to all prior periods presented in the financial statements. ZOOZ POWER LTD NOTES TO THE FINANCIAL STATEMENTS (continued) (Unaudited)	Note 2 - SIGNIFICANT ACCOUNTING POLICIES : Basis of presentation of financial statements The financial statements of the Company have been prepared in conformity with United States generally accepted accounting principles (U.S. GAAP) Use of estimates in the preparation of financial statements The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. The Company’s management believes that the estimates, judgments, and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates, and such differences may have a material impact on the Company’s financial statements. As applicable to these financial statements, the most significant estimates relate to inventory net realizable value and share-based compensation. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) Functional and Presentation Currency The currency of the primary economic environment in which the operations of the Company are conducted is the New Israeli Shekel (“NIS”). Thus, the functional currency of the Company is the NIS. The Company’s presentation and reporting currency is the U.S dollar. Balances in non-NIS currencies are translated into NIS using historical and current exchange rates for non-monetary and monetary balances, respectively. For non-NIS transactions and other items in the statements of operations (indicated below), the following exchange rates are used: (i) for transactions - exchange rates at transaction dates; and (ii) for other items (derived from non-monetary balance sheet items such as depreciation and amortization) - historical exchange rates. Currency transaction gains and losses are presented in finance income or expenses, as appropriate. The financial statements are translated into the reporting currency, the U.S dollar, using the current rate method - equity accounts are translated using historical exchanges rates, while all other balance sheet accounts are translated using the exchanges rates in effect at the balance sheet date. Statement of operations amounts have been translated using the average exchange rate for the year, unless this average is not a reasonable approximation of the cumulative effect of the rates prevailing on the transaction dates, The resulting translation adjustments are reported as a component of shareholders’ equity in accumulated other comprehensive income (loss). Exchange rates of NIS to U.S dollar as of December 31, 2023 and 2022 are 3.63 and 3.52 , respectively. Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A hierarchy has been established for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that are developed using market data, such as publicly available information about actual events or transactions, and that reflect the assumptions that market participants would use when pricing the asset or liability. Unobservable inputs are inputs for which market data are not available and that are developed using the best information available about the assumptions that market participants would use when pricing the asset or liability. The fair value hierarchy is categorized into three levels. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity can access at the measurement date. Level 2 inputs include inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1 inputs) and the lowest priority to unobservable inputs (Level 3 inputs). Categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The carrying amounts of other current assets, account payables and other payables and accrued expenses approximate fair value because of their generally short maturities. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) Restricted long-term bank deposits Restricted long-term bank deposits are deposits with a maturity of more than one year. The bank deposits are used as a security for the Company’s lease agreements. Long-term bank deposits are denominated in NIS. The interest on the Company’s deposits is insignificant. As of December 31, 2023 and 2022, the Company had a lien on the Company’s bank deposits in respect of bank guarantees granted in order to secure its lease agreements. The fair value of bank deposits approximates the carrying value since they bear interest at rates close to the prevailing market rates. Concentration of credit risks Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash, restricted long-term deposits and other receivables. All the Company’s cash and restricted long-term bank deposits are invested in banks within Israel. The Company is exposed to credit risk in the event of default by the financial institutions to the extent of the amounts recorded on the accompanying balance sheets exceed federally insured limits. The Company places its cash and deposits with financial institutions for which management believes there is limited credit loss exposure with respect to the investments. Inventory Inventory consists of raw materials, work in process and finished products. Inventories are stated at the lower of cost or net realizable value. Inventory write-offs are provided to cover risks arising from slow-moving and obsolescent items. The Company periodically evaluates the quantities on hand relative to current and historical selling prices and historical and projected sales volume. Once written-down, a new lower cost basis for that inventory is established . Cost of inventories is assigned as follows: Raw materials - at cost of purchase represents the first in, first out method. Work in process - on the basis of direct manufacturing costs with the addition of allocable indirect manufacturing costs. Finished products - based on average costs of materials, contracting and manufacturing costs. Property and equipment Property and equipment are stated at cost, net of accumulated depreciation. Depreciation is calculated by the straight-line method over the estimated useful lives of the assets at the following annual rates: SCHEDULE OF PROPERTY AND EQUIPMENT ANNUAL RATES % Computers and peripherals 33 Office furniture and equipment 7 Machines and electronic devices 15 - 33 Energy storage systems 20 Leasehold improvements 21 - 26 Leasehold improvements are amortized over the terms of the respective leases or the estimated useful lives of the improvements, whichever is shorter. The Company’s property and equipment include, among other things, energy storage systems that were manufactured by the Company and transferred to a third party free of charge for the purpose of a marketing pilot. At the end of a period agreed between the parties, the systems will be returned to the Company. Grants that relate to assets are presented in the statement of financial position by deducting the grant in order to arrive at the book value of the asset. The grant is recognized in profit or loss over the life of a depreciable asset through the imputation of reduced depreciation. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) Impairment of long-lived assets The Company tests long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may no longer be recoverable. Recoverability of long-lived assets is measured by comparing the carrying amount of the long-lived asset to the estimated undiscounted future cash flows expected to be generated by the asset. If the sum of the expected undiscounted cash flow is less than the carrying amount of the asset, the Company recognizes an impairment loss, which is the excess of the carrying amount over the fair value of the asset, using the expected future discounted cash flows. For the years ended December 31, 2023, 2022 and 2021, the Company did not recognize an impairment loss on its long-lived assets. Basic and diluted net loss per share The Company’s basic net loss per share is calculated by dividing net loss attributable to ordinary shareholders by the weighted-average number of ordinary shares outstanding for the period, without consideration of potentially dilutive securities. The diluted net loss per share is calculated by giving effect to all potentially dilutive securities outstanding for the period using the treasury share method or the if-converted method based on the nature of such securities. All share options, warrants and preferred shares were excluded from the calculation of diluted net loss per ordinary share because their effect would have been anti-dilutive for the years presented. The Company computes net loss per share using the two-class method required for participating securities. The two-class method requires income available to ordinary shareholders for the period to be allocated between ordinary shares and participating securities based upon their respective rights to receive dividends as if all income for the period had been distributed. These participating securities do not contractually require the holders of such shares to participate in the Company’s losses. As such, a net loss for the periods presented was not allocated to the Company’s participating securities. For the year ended December 31, 2023, the Company had 834,172 options and 39,710 warrants, and for the year ended December 31 2022, the Company had 711,539 options, 39,710 warrants. These securities were not considered when calculating diluted loss per share since their effect is anti-dilutive. Collaborative arrangements The Company entered into collaborative arrangements with partners that fall under the scope of Topic 808, “Collaborative Arrangements” (“ASC 808”). While these arrangements are in the scope of ASC 808, the Company may analogize to ASC 606 for some aspects of the arrangements. The terms of the Company’s collaborative arrangements typically include reimbursements or cost-sharing of research and development expenses. Each of these payments results in an offset against research and development expenses. Under certain collaborative arrangements, the Company has been reimbursed for a portion of its research and development expenses or participates in the cost-sharing of such research and development expenses. Such reimbursements and cost-sharing arrangements have been reflected as a reduction of research and development expense in the Company’s statements of operations, as the Company does not consider performing research and development services for reimbursement to be a part of its ongoing major or central operations. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) Revenues The Company generates revenues from the sale of energy storage system for supporting fast chargers for electric vehicles, based on kinetic storage using flywheels. The Company recognizes revenue when its customer obtains control of promised goods or services, in an amount that reflects the consideration that the entity expects to receive in exchange for those goods or services. To determine revenue recognition for arrangements that the Company determines are within the scope of ASC 606, the entity performs the following five steps: 1. Identify the contract(s) with a customer; 2. Identify the performance obligations in the contract; 3. Determine the transaction price; 4. Allocate the transaction price to the performance obligations in the contract; 5. Recognize revenue when (or as) the performance obligation is satisfied. The Company accounts for a contract with customer when it has approval and commitment from both parties, the rights of the parties and payment terms are identified, the contract has commercial substance and collectability of consideration is probable. The Company’s contract includes one type of performance obligation, which is satisfied at a point in time. The Company recognizes revenue upon transfer of control of the system to the customer in an amount that reflects the consideration the Company expects to receive in exchange for the system. Transfer of control occurs generally upon the receipt of customer acceptance or once risk of loss has transferred to the customer. The acceptance received from customers include successful installation and commissioning test of the energy storage system. The Company does not provide a right of return. The Company provide to customers a limited warranty assurance that the systems are in compliance with the applicable specifications at the time of delivery. Under the standard terms and conditions of sale, liability for certain failures of product during the stated warranty periods are limited to repair or replacement of defective items.‏ During the reporting period the Company delivered to its client and installed in the client’s site located in Germany two energy storage systems. The Company recognized the revenues related to these two systems during the reporting period, after receiving the acceptance certificate for the systems. The Company’s trade receivable balances are driven by sale of energy storage systems. Credit is granted based on evaluation of a customer’s financial condition and generally, collateral is not required. Trade receivable balances are stated at amounts due from customers net of a provision for current expected losses. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) Trade receivables are reduced by an allowance for current expected losses. The Company maintains the allowance for estimated losses resulting from the inability of the Company’s customers to make required payments. The allowance represents the current estimate of lifetime expected credit losses over the remaining duration of existing accounts receivable considering current market conditions and supportable forecasts when appropriate. The estimate is a result of the Company’s ongoing evaluation of collectability, customer creditworthiness, historical levels of credit losses, and future expectations.‏‏ As of December 31, 2023, the Company has collected all trade receivable balances. Research and development, net Research and development costs are expensed to the statement of operations as incurred, net of government grants which represents participations in research and development. Research and development expenses include costs directly attributable to the conduct of research and development programs, including payroll costs, lab expenses, materials, consumables, and consulting fees. All costs associated with research and development are expensed as incurred. The Company receives royalty-bearing grants, which represents participation of the Israel Innovation Authority (hereafter “IIA”), other governmental institutions (the Ministry of Economy and the Ministry of Energy) and the BIRD Foundation (“BIRD”) in approved programs for research and development. At the time the grants were received, successful development of the related projects was not assured. Grants are recognized as a reduction of research and development expenses as the related costs are incurred. For more information see note 16a. Sales and marketing The Company receives royalty-bearing grants, which represents participation of the New York Power Authority (hereafter “NYPA”) in approved programs for sales and marketing. These grants are recognized as a reduction of sales and marketing expenses as the related costs are incurred. Income taxes The Company accounts for income taxes in accordance with ASC 740, “Income Taxes” (“ASC 740”). ASC 740 prescribes the use of the liability method whereby deferred tax asset and liability account balances are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company provides a valuation allowance, if necessary, to reduce deferred tax assets to their estimated realizable value, if it is more likely than not that a portion or all the deferred tax assets will not be realized. ASC 740-10, “Income Taxes” (“ASC 740-10”) clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements. This standard contains a two-step approach to recognizing and measuring a liability for uncertain tax positions. The first step is to evaluate the tax position taken or expected to be taken in a tax return by determining if the weight of available evidence indicates that it is more likely than not that, on an evaluation of the technical merits, the tax position will be sustained on audit, including resolution of any related appeals or litigation processes. The second step is to measure the tax benefit as the largest amount that is more than 50% likely to be realized upon ultimate settlement. The Company accrues interest and penalties related to unrecognized tax benefits in its taxes on income. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) The Company believes that its income tax filing positions and deductions will be sustained on audit and does not anticipate any adjustments that will result in a material change to its financial position. Share-based compensation The Company accounts for options granted to employees under the fair value recognition provision of ASC 718 “stock compensation”. The Company measures all share-based awards, based on their estimated fair value on the grant date. The Company’s employees and directors share-based payment awards are classified as equity awards, except for awards as described below. The grant date fair value of these share-based payment transactions is recognized as an expense over the requisite service period using an accelerated method, net of estimated forfeitures. The Company elected to recognize compensation costs for awards conditioned only on continued service that have a graded vesting schedule based on the multiple-option award approach. The Company accounts for its equity classified share-based payment awards to its advisors in a similar manner. The Company uses the Black-Scholes option-pricing model to determine the fair value of stock options. The determination of the fair value of stock-based payment awards on the date of grant using an option- pricing model is affected by the Company’s stock price as well as assumptions regarding number of complex and subjective variables. These variables include the estimated stock price volatility over the term of the awards; actual and projected employee stock option exercise behaviors, which is referred to as expected term; risk-free interest rate and expected dividends. The expected term is calculated using the simplified method, as the Company has concluded that its historical share option exercise experience does not provide a reasonable basis to estimate the expected option term. The Company uses an average historical stock price volatility based on a combined weighted average of the Company’s historical average volatility and that of a selected peer group of comparable public companies within the industry that were deemed to be representative of future stock price trends as the Company does not have a sufficient historical trading history of its own Common Stock. The Company will continue to apply this process until a sufficient amount of historical information regarding the volatility of its own stock price becomes available. The Company bases the risk-free interest rate used in its option-pricing models on U.S. Treasury zero-coupon issues with remaining terms similar to the expected term to maturity of its equity awards. The Company does not anticipate paying any cash dividends in the foreseeable future and therefore uses an expected dividend yield of zero. Liability classified share-based options Some of the Company’s share-based awards have an exercise price denominated in USD, which is not the Company’s functional currency and not the employees’ salary currency or the currency in which the employees are paid. These awards are classified as liability awards, measured at fair value at the date of grant and re-measured at fair value at each reporting date up to and including the settlement date. The determination of the fair value of these awards is described in Note 12. The fair value of the awards is expensed over the respective vesting period of the individual awards with recognition of a corresponding liability. Changes in fair value after vesting are recognized through compensation expense in the statement of operations. Compensation expense reflects estimates of the number of awards expected to vest. The impact of forfeitures and fair value revisions, if any, are recognized in earnings such that the cumulative expense reflects the revisions, with a corresponding adjustment to the settlement liability. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) Severance pay Under Israeli law, the Company is required to pay a severance payment to its employees in Israel upon dismissal of an employee or upon termination of employment in certain other circumstances. The Company makes ongoing deposits into its Israeli employee pension plans to fund their severance liabilities. For its employees who are employed under the Section 14 of the Severance Pay Law, 1963 (“Section 14”), the Company makes deposits with certain insurance companies for accounts controlled by each applicable employee in order to secure the employee’s rights upon termination. In addition, the related obligations and amounts deposited on behalf of the applicable employees for such obligations are not presented on the Company’s balance sheets, as the amounts funded are not under the control of management and the Company is legally released from the obligation to pay any severance payments to the employees once the required deposit amounts have been paid. For the years ended December 31, 2023, 2022 and 2021, severance pay expenses were $ 375 thousand, $ 253 thousand and $ 181 thousand, respectively. Comprehensive loss The Company complies with ASC 220, “Comprehensive Income,” which establishes rules for the reporting and display of comprehensive income (loss) and its components. The Company reports the financial impact of translating its financial statements from its functional currency to its reporting currency as a component of other comprehensive income (loss). Leases The Company accounts for leases in accordance with ASC 842, Leases. All of the Company’s leases are classified as operating leases. The Company determines if an arrangement is a lease at inception. Lease classification is governed by five criteria in ASC 842-10-25-2. If any of these five criteria is met, the Company classifies the lease as a finance lease; otherwise, the Company classifies the lease as an operating lease. Operating leases are included as operating lease right-of-use (“ROU”) assets and operating lease liabilities on the balance sheet. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. The Company uses its incremental borrowing rate based on the information available at the commencement date to determine the present value of the lease payments. The Company elected the practical expedient to not separate lease and non-lease components for all of the Company leases, and to keep leases with an initial term of 12 months or less off the balance sheet and recognize the associated lease payments in the statements of operations on a straight-line basis over the lease term. The Company subsequently measures the ROU asset at the present value of the remaining lease payments, adjusted for the remaining balance of any lease incentives received, any cumulative prepaid or accrued rent if the lease payments are uneven throughout the lease term and any unamortized initial direct costs. Further, the Company recognizes lease expense on a straight-line basis over the lease term. The lease terms include options to extend or terminate the lease when it is reasonably certain that the Company will exercise or not exercise the option to renew or terminate the lease. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) Contingent Liabilities Certain conditions may exist as of the date of the financial statements, which may result in a loss to the Company, but which will only be resolved when one or more future events occur or fail to occur. If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability is recorded as accrued expenses in the Company’s financial statements. If the assessment indicates that a potential material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, together with an estimate of the range of possible loss if determinable and material are disclosed. As of December 31, 2023, no contingent liabilities have been recognized. Accounting Pronouncements effective in future periods : In December 2023, the FASB issued ASU 2023-09 Improvements to Income Tax Disclosures. The ASU improves the transparency of income tax disclosures by requiring (1) consistent categories and greater disaggregation of information in the rate reconciliation and (2) income taxes paid disaggregated by jurisdiction. It also includes certain other amendments to improve the effectiveness of income tax disclosures. This ASU is effective for the Company for annual periods beginning after December 15, 2025. The Company is evaluating the potential impact of this guidance on its financial statements. In November 2023, the FASB issued ASU No. 2023-07 Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The ASU improves reportable segments disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company is evaluating the potential impact of this guidance on its financial statements.

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENT	NOTE 3 - FAIR VALUE MEASUREMENT : The Company’s financial instruments consist mainly of cash, restricted long-term deposits and other current assets, accounts payable and other payables. Other than the share-based payment liabilities, the recorded amounts approximate their respective fair value because of the liquidity and short period of time to maturity, receipt, or payment of these instruments. The Company’s financial instruments which are considered as a Level 3 measurement is the share-based payment liability. For more information see Note 12.

CASH AND RESTRICTED CASH EQUIVA

CASH AND RESTRICTED CASH EQUIVALENT	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Cash and Cash Equivalents [Abstract]
CASH AND RESTRICTED CASH EQUIVALENT	Note 3 - CASH AND CASH EQUIVALENTS AND RESTRICTED BANK DEPOSITS CASH AND RESTRICTED CASH EQUIVALENT The following table provides a reconciliation of cash and cash equivalents and restricted bank deposits reported on the balance sheets that sum to the same total amount as shown in the statements of cash flows: SCHEDULE OF RECONCILIATION OF CASH EQUIVALENTS AND RESTRICTED BANK DEPOSITS 2024 2023 June 30, December 31, 2024 2023 U.S. dollars Cash and cash equivalents 7,721 6,672 Restricted bank deposits 219 - Total cash and cash equivalents and restricted bank deposits shown in the statement of cash flows 7,940 6,672	Note 4 - CASH AND RESTRICTED CASH EQUIVALENT : The following table provides a reconciliation of cash and restricted deposits reported on the balance sheets that sum to the same total amount as shown in the statements of cash flows: SCHEDULE OF RECONCILIATION OF CASH EQUIVALENTS AND RESTRICTED BANK DEPOSITS 2023 2022 December 31 2023 2022 U.S. dollars in thousands Cash 6,672 20,569 Restricted deposits (1) - 224 Total cash and restricted cash equivalent shown in the statement of cash flows 6,672 20,793 (1) As of December 31, 2022, the Company’s restricted deposits consisted of bank deposits that were denominated in New Israeli Shekel. Restricted deposits are presented at cost including accrued interest. These bank deposits are used as security for collateralizing the Company’s lease contracts. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)

PREPAID EXPENSES AND OTHER CURR

PREPAID EXPENSES AND OTHER CURRENT ASSETS	12 Months Ended
	Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
PREPAID EXPENSES AND OTHER CURRENT ASSETS	Note 5 - PREPAID EXPENSES AND OTHER CURRENT ASSETS : SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS 2023 2022 December 31 2023 2022 U.S. dollars in thousands Prepaid expenses 203 66 Institutions 117 216 Advances to suppliers 304 16 Other 128 299 Total 752 597

INVENTORY

INVENTORY	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Inventory Disclosure [Abstract]
INVENTORY	Note 4 - INVENTORY SCHEDULE OF INVENTORY 2024 2023 June 30, December 31, 2024 2023 U.S. dollars Raw materials 882 955 Work in process 518 425 Finished goods 1,070 1,468 Total 2,470 2,848 The Company recorded an inventory write-off of $ 185	Note 6 – INVENTORY : SCHEDULE OF INVENTORY 2023 2022 December 31 2023 2022 U.S. dollars in thousands Raw materials 955 558 Work in process 425 904 Finished goods 1,468 305 Total 2,848 1,767 The Company recorded an inventory write-off of $ 1,123 thousand and $ 178 thousand in 2023 and 2022, respectively, which is presented within cost of sales in the statement of operations. In addition, the Company recorded an inventory write off of $ 144 thousand in 2023 related to raw materials which are not expected to be used during the future production process. Inventory write-offs were recorded to reflect anticipated net realizable value on disposition of existing inventory assets.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	Note 7 - PROPERTY AND EQUIPMENT : SCHEDULE OF PROPERTY AND EQUIPMENT 2023 2022 December 31 2023 2022 U.S. dollars in thousands Cost: Computers and peripheral equipment 254 115 Office furniture and equipment 170 163 Machines and equipment 652 550 Leasehold improvements 264 252 Energy storage systems 844 - Property plant and equipment gross 2,184 1,080 Accumulated depreciation: (591 ) (357 ) Depreciated cost 1,593 723 For the years ended December 31, 2023, 2022 and 2021, depreciation expenses amounted to $ 239 thousand, $ 131 thousand, and $ 44 thousand, respectively. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)

OTHER PAYABLES AND ACCRUED EXPE

OTHER PAYABLES AND ACCRUED EXPENSES	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Payables and Accruals [Abstract]
OTHER PAYABLES AND ACCRUED EXPENSES	Note 5 - OTHER PAYABLES AND ACCRUED EXPENSES SCHEDULE OF OTHER PAYABLES AND ACCRUED EXPENSES 2024 2023 June 30, December 31, 2024 2023 U.S. dollars Accrued expenses 498 975 Grants in advance 368 268 Others 46 144 Other payables and accrued expenses 912 1,387	Note 8 - OTHER PAYABLES AND ACCRUED EXPENSES : SCHEDULE OF OTHER PAYABLES AND ACCRUED EXPENSES 2023 2022 December 31 2023 2022 U.S. dollars in thousands Accrued expenses 975 252 Grants in advance 268 90 Others 144 10 Other payables and accrued expenses 1,387 352

OPERATING LEASES

OPERATING LEASES	12 Months Ended
	Dec. 31, 2023
Operating Leases
OPERATING LEASES	Note 9 - OPERATING LEASES : The Company is party to a lease agreement for its facilities located in Israel through November 2024. The Company has the option to extend the agreement for an additional 3 -year period. Upon exercising the extension option, the annual rental payments will increase by 3 %. The Company concluded that it is reasonably certain that it will exercise the renewal option. Accordingly, such renewal option was included in determining the lease term. The Company also leases vehicles for its employees with different commencement and ending periods in Israel (for 3 years periods). The Company has an option terminate these lease agreements, which may result in penalties of insignificant amounts. The Company concluded that it is not reasonably certain that it will exercise the termination option. Accordingly, such termination option was not included in determining the lease term. The company has short term agreements for the of parking spaces for periods of up to 12 months . The Company’s operating lease expenses are recognized on a straight-line basis. Operating lease costs for the years ended December 31, 2023, 2022 and 2021 were as follows: SCHEDULE OF OPERATING LEASE COST 2023 2022 2021 December 31 2023 2022 2021 U.S. dollars in thousands Operating lease cost 781 760 209 Short term lease costs 18 14 - Total lease costs 799 774 209 Cash flow and other information related to operating leases were as follows: SCHEDULE OF CASH FLOW AND OTHER INFORMATION RELATED TO OPERATING LEASES 2023 2022 2021 December 31 2023 2022 2021 U.S. dollars in thousands Cash paid for amounts included in the measurement of lease liabilities 443 250 106 Right-of-use assets obtained in exchange for new operating lease liabilities 108 319 1,496 ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) Other information related to operating leases were as follows : SCHEDULE OF OTHER INFORMATION RELATED TO OPERATING LEASES December 31, 2023 2022 Weighted-average remaining lease term 3.9 years 4.7 years Weighted-average discount rate 12.88 % 12.27 % The table below presents value of lease liabilities of the company for the lease period (USD thousands): SCHEDULE OF PRESENT VALUE OF LEASE LIABILITIES December 31, 2024 415 2025 404 2026 390 2027 309 Total operating lease payments 1,518 Less: imputed interest (174 ) Present value of lease liabilities 1,344

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 6 - COMMITMENTS AND CONTINGENCIES The total amount of grants received from , the BIRD Foundation during the period of six months ended June 30, 2024, is $ 278 18 70 180 , and the sales incurred during the six months ended June 30, 2024, the Company recorded a provision of $ 59 . 2.3 ZOOZ POWER LTD NOTES TO THE FINANCIAL STATEMENTS (continued) (Unaudited)	NOTE 10 - COMMITMENTS AND CONTINGENCIES : Commitment to pay royalties to the Israel Innovation Authority and other participation grants Since incorporation of the Company and through 2023, the Company received grants for participation in research and development the IIA, other governmental institutions (the Ministry of Economy and the Ministry of Energy) the BIRD Foundation, and from NYPA In the case of project termination and/or unsuccessful development prior to having a mature product and beginning of sales, the Company does not have any commitment to pay royalties. As a precondition for receiving the grants, the Company committed to pay royalties in a range of 11 % to 16 % (pending territory) of revenue generated from selling the products, and up to the amount of grants received, based on a letter of commitment entered with those entities. Total contingent obligations as of December 31, 2023 and 2022, amounted to $ 2.0 million and $ 1.3 million, respectively. The Company receives royalty-bearing grants, which represent participation of BIRD in approved programs for funding, covering up to 50% of project development costs. These grants are recognized as a reduction of research and development expenses as the related costs are incurred. For the years ended December 31,2023, 2022 and 2021, the Company received $ 0.1 million $ 0.1 million and $ 0.2 million from BIRD, respectively. The Company is committed to pay royalties to BIRD at a rate of 5% of the sales of its product, up to 100% of the amount of the grants received if full repayment made by April 1, 2024, 113% if full repayment is made by April 2025, 125% if full repayment is made by April 2026, 138% if full repayment is made by April 2027, and 150% if full repayment is made after April 2027 . ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) The Company receives royalty-bearing grants, which represent participation of IIA in approved programs for funding, covering up to 50% of project development costs. These grants are recognized as a reduction of research and development expenses as the related costs are incurred. For the years ended December 31, 2023, 2022 and 2021, the Company received $ 0.3 million, $ 0 and $ 0.1 million from IIA, respectively. The amount of $ 0.3 million received in 2023 from the IIA was recorded as “Other Receivables” in 2022. The Company is committed to pay royalties to the Israeli Government at a rate of 3% to 5% of the sales of its product, up to 100% of the amount of the grants received plus Annual Interest for a File, as such term is defined under the IIA’s rules and guidelines . In 2023 the Company paid $ 23 thousand to the Innovation Authority with respect of sales recognized during the year. The amounts deducted from research and development expenses are $ 382 thousand, $ 359 thousand and $ 189 thousands for the years ended on December 31, 2023, 2022 and 2021, respectively. Engagement in collaborations agreements and pilot programs: 1. Collaboration agreement with Blink In February 2020, the Company engaged in a collaboration agreement with Blink, a company engaged in development, marketing, and distribution of equipment for electric vehicles, for the development of an energy storage system for the U.S. market designed to accelerate EV charging. 50% of the project’s approved budget was funded by BIRD. Under the agreement, the Company is responsible for the development and manufacturing of the facility for the U.S. market in compliance with U.S. standards, while Blink is responsible for the manufacturing of a high-power EV charger, and for the marketing and distribution of the joint product. The Company is committed under the agreement to pay 5% royalties on U.S. sales and up to the amount of the grant. 2. Collaboration agreement with Afcon Electric Transportation LTD. In July 2022, the Company entered into an agreement with Afcon Electric Transportation Ltd. (hereafter - “Afcon”), in a cooperation agreement for the establishment and execution of a pilot for an ultra-fast charging infrastructure for electric vehicles, based on a ZOOZTER-100 kinetic storage system in combination with the energy management software (EMS) for smart management of power consumption on the site produced by the Company. The engagement in the agreement is subject to the approval from the IIA for a pilot support grant amounting to 40% of the project budget, in the amount of $ 0.3 million. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) 3. Collaboration agreement with New York Power Authority On September 12, 2022, the Company engaged in a cooperation agreement with the NYPA for the development, installation, integration and demonstration of the Company’s systems for use as ultra-fast charging infrastructure for electric vehicles, in locations with limited power grid capacity. Under the agreement, the Company is expected to construct and demonstrate with NYPA’s funding of up to $ 0.9 million, of which the Company received $ 0.5 million during 2023) an ultra-fast charging station based on the Company’s system. According to the contract, the Company is obliged to pay royalties in the range between 1.5% to 2% until the receipts received from NYPA are fully covered.

EQUITY

EQUITY	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
EQUITY	Note 11 - EQUITY : In March 2024, the Company’s general meeting of shareholders approved a reverse split of shares on a conversion ratio of 11.4372 . All numbers of shares and options, and warrants presented in these financial statements are after retrospective application of the reverse-split. For more information see Note 1. Each holder of the Company’s ordinary shares, par value NIS 0.00286 per share, is entitled to one vote. The holders of ordinary shares are also entitled to receive dividends whenever funds are legally available and declared by the Company’s Board of Directors (the “Board”). Since inception, the Company has not declared any dividends. In February 2021, the Company converted 467,571 preferred shares into 1,565,000 ordinary shares before the split as describe below (Following the reverse split in March 2024, as described above, the converted preferred shares would have differed from 18,881,400 ordinary shares to 1,650,875 ordinary shares). In February 2021, the Company’s general meeting of shareholders approved the split of all classes in its issued and paid-up share capital into ordinary shares. Additionally, the general meeting approved a split of shares on a 40:1 ratio. On February 18, 2021, the Company signed a binding memorandum with Arko shortly before obtaining permission to issue a complementary prospectus ahead of an initial public offering (IPO) of the Company on the Tel Aviv Stock Exchange (“TASE”), granting 6,230 warrants for the acquisition of ordinary shares of the Company, exercisable for a price per share at 120% of a the share price that would be determined at the IPO and for a period of five years . As of December 31, 2023, the warrants have yet to be exercised. Sales and marketing expenses for the year ended December 31, 2021 include an expense of $ 269 thousand. In March 2021, the Company completed an IPO of its securities on the TASE and issued to the public 33,754 units, each composed of 8.74 ordinary shares, 6.56 Series 1 and 2.19 Series 2 options. Option series 1 will exercise period is within one year, with an exercise price of $ 29.7 (NIS 92.9 ). Option series 2 exercise period is within two years, with an exercise price of $ 44.6 (NIS 139.5 ). Gross issue proceeds were $ 8.4 million (NIS 27.4 million). Issuance costs were $ 0.6 million (NIS 1.9 million), recognized as a deduction from additional paid-in capital . In March 2022, the Company completed a financing round through a private placement and a public offering. As part of the public offering, the Company issued 352,276 units, each composed of 8.74 ordinary shares and 5.68 Series 3 options. The options will vest over a period of 3 years, with an exercise price of $ 9.1 (NIS 32) for one year period and $11.4 (NIS 41.2) for additional two years period. In the private placement, the Company issued 42,735 units, each composed of 8.74 ordinary shares and 7.43 Series 3 options as well as 16,239 units, each composed of 8.74 ordinary shares and 5.68 Series 3 options. Gross issue proceeds were $ 29 million (NIS 96 million). Issuance costs amounted to USD 1.7 million (NIS 5.7 million), including NIS 0.5 million paid to an advisor through the allocation of shares and Series 3 options, were recognized as a deduction from additional paid-in capital . ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)

SHARE BASED COMPENSATION

SHARE BASED COMPENSATION	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
SHARE BASED COMPENSATION	Note 8 - SHARE BASED COMPENSATION Equity classified awards. The value of benefit is measured on the grant date by reference to the fair value of the granted equity instruments, as described above. The fair value is calculated using the Black and Scholes formula, with the following assumptions: SCHEDULE OF FAIR VALUE ASSUMPTIONS June 30, December 31, Dividend yield 0 % 0 % Expected volatility* 55 89 % 74 76 % Risk-free interest rate 3.3 5.8 % 3.3 3.9 % Expected term (years) 2 7 4 7 Exercise price (USD) 3.32 15.45 3.32 11.78 * Volatility is based on the historical fluctuation in share prices of peer companies over similar periods to the expected life of the option until exercise date. The following is summary information of equity classified options in 2023: SCHEDULE OF STOCK OPTIONS ACTIVITY Six months ended June 30, 2024 Weighted average exercise price Weighted average remaining contractual life Aggregate Intrinsic Number USD years Value Outstanding as of December 31, 2023 428,457 7.55 8.9 - Forfeited (64,672 ) 10.5 6.9 - Reclassification of liability classified 401,794 9.32 5.7 - Outstanding as of June 30, 2024 765,579 8.31 7.1 - Exercisable as of June 30, 2024 528,031 8.80 6.5 - ZOOZ POWER LTD NOTES TO THE FINANCIAL STATEMENTS (continued) (Unaudited) The following is information regarding exercise prices and remaining contractual lives of outstanding options as of June 30, 2024: SCHEDULE OF EXERCISE PRICES AND REMAINING CONTRACTUAL LIVES OF OUTSTANDING OPTIONS June 30, 2024 outstanding Exercisable Number of options outstanding Exercise price range (USD) Weighted average remaining contractual life Number of options Exercisable Exercise price range (USD) Weighted average remaining contractual life 40,654 3.22 9.1 - - - 37594 4.23 8.7 11,751 4.23 8.7 9,617 4.63 8.5 3,525 4.63 8.5 13,115 4.71 8.6 4,099 4.71 8.6 48,222 5.74 8.0 24,863 5.74 8.0 85,247 7.12 8.2 39,346 7.12 8.2 75,309 7.57 3.5 75,309 7.57 3.5 46,048 7.61 8.8 46,048 7.61 8.8 238,340 7.82 6.3 238,340 7.82 6.3 36,931 8.73 8.8 - - - 36,931 11.35 8.8 - - - 78,336 15.63 6.3 68,793 15.63 6.3 19,235 17.47 7.3 15,957 17.47 7.3 765,579 8.14 7.8 528,031 8.25 9.37 As of June 30, 2024, there is an unrecognized share-based compensation expense of $ 223 2.26 Liability classified awards The options were classified as liabilities in accordance with ASC 718, as the exercise price is denominated in USD, that is not the Company’s functional currency and not the employees’ salary currency or the currency in which the employees are paid. Accordingly, the options were measured at fair value each reporting period, and changes in their fair value were recognized in the statements of operations. The fair value of the options as of the closing date, April 4, 2024, was evaluated using the Black-Scholes Option Pricing Model. Following the merger in April 2024, as detailed in note 1, given that the currency of the market in which the Company’s equity securities are traded, these awards were reclassified to equity. For the various scenarios modeled, volatility is based on companies in the industry by statistical analysis of a daily share pricing model. The risk-free interest rate assumption is based on observed interest rates appropriate for the period until the options expiration date. The table below sets forth a summary of changes in the fair value of the options: SCHEDULE OF CHANGES IN FAIR VALUE OF OPTIONS Number of options measured at fair value Fair value (U.S. Dollars in thousands) Balance as of December 31, 2023 405,714 232 Effect of change in exchange rate - (4 ) Changes in fair value - 74 Reclassification of liability classified share-based compensation awards to equity (401,794 ) (302 ) Balance as of June 30, 2024 - - ZOOZ POWER LTD NOTES TO THE FINANCIAL STATEMENTS (continued) (Unaudited) The following table summarizes assumptions used as of December 31, 2023: SCHEDULE OF FAIR VALUE ASSUMPTIONS December 31, Expected dividend 0 % Expected volatility 81.2 %- 90.9 % Risk-free interest rate 4.97 %- 5.35 % Expected life 2 - 4 Exercise price (USD) 4.57 - 15.67 The table below presents the expense (income) recognized in the financial statements of the Company in respect to share-based payment: SCHEDULE OF EXPENSE (INCOME) RECOGNIZED IN CONSOLIDATED FINANCIAL STATEMENTS Six months ended June 30 2024 2023 Equity classified awards Liability classified awards Total expense Equity classified awards Liability classified awards Total expense Cost of revenue - - - (19 ) (5 ) (24 ) Research and development expenses (income) 67 41 108 103 (116 ) (13 ) Sales and marketing expenses (income) 51 20 71 46 (21 ) 25 General and Administrative expenses 72 13 85 150 3 153 190 74 264 280 (139 ) 141	Note 12 - SHARE BASED COMPENSATION : The 2015 Incentive Compensation Plan (“2015 Plan”) In August 2015, the Board of Directors approved the Company’s option plan for employees and officers, which was submitted in June 2016 to the Israel income tax authorities as a plan administered by a trustee and treated for tax purposes as a capital gain pursuant to Section 102(b)(2). Options to non-employees and non-officers of the Company, in addition to controlling shareholders of the Company, are to be allocated under Section 3(i) of the Income Tax Ordinance. According to the 2015 Plan, the Company’s Board of Directors is permitted to grant employees, officers, directors, consultants and other senior service providers of the Company (as this term is defined by Section 102(a) to the Income Tax Ordinance unlisted options and warrants that are exercisable into shares of the Company. The 2015 Plan is managed by the Company’s Board of Directors, or by a committee authorized by the Board. All shares that will arise from exercising the unlisted options grants to employees, consultants and officers under the 2015 Plan would be fully paid up on their date of allocation and, beginning on the date the Company becomes public, would be registered in the name of the Company. The exercise price for each option or warrant is as determined by the Board of Directors, but provided that if the Board of Directors does not indicate otherwise, the exercise price would be the fair market value of the Company’s share on the date of the decision to allocate. The vesting period, unless the Company’s Board of Directors determines otherwise in respect to any specific grantee is (1) 25% of options would vest after twelve consecutive months of services by the grantee since the date of grant; (2) 6.25% of options would vest after every three (3) additional months of consecutive service by the grantee, until 100% of the options vest, after four (4) years after grant date. Further, the Company’s Board of Director is permitted, at its exclusive judgment, to accelerate vesting of all or part of an option of warrant in the event of a merger of the Company with another company. Unless expired at an earlier date, the unexercised options would expire after ten years after grant date. Equity classified awards In November 2021, the Company granted 78,621 options (unlisted), exercisable into ordinary shares of the Company, to an officer who is a related party, with whom the Company has no employment relationship, for an exercise price of NIS 74.8 per share. In November 2021, the Company granted 13,989 options (unlisted), exercisable into ordinary shares of the Company, to employees or officers, for an exercise price of NIS 65.6 per share. In November 2021, the Company granted 13,989 options (unlisted), exercisable into ordinary shares of the Company, to an officer, for an exercise price of NIS 65.6 per share. In July 2022, the Company granted 82,187 options (unlisted), exercisable into ordinary shares of the Company, to employees or officers with whom the Company has employment relationships, for an exercise price of NIS 21.6 per share. In July 2022, the Company granted 17,486 options (unlisted), exercisable into ordinary shares of the Company, to an officer, with whom the Company has employment relationship for an exercise price of NIS 26.8 per share. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) In August 2022, the Company granted 52,460 options (unlisted), exercisable into ordinary shares of the Company, to officers, with whom the Company has employment relationships for an exercise price of NIS 26.8 per share. In October 2022, the Company granted 26,230 options (unlisted), exercisable into ordinary shares of the Company, to an officer, with whom the Company has employment relationship for an exercise price of NIS 26.8 per share. In December 2022, the Company granted 13,989 options (unlisted), exercisable into ordinary shares of the Company, to employees or officers, and with whom the Company has employment relationships for an exercise price of NIS 17.4 per share. In February 2023, the Company granted 13,115 options (unlisted), exercisable into ordinary shares of the Company, to an employee, with whom the Company has employment relationships for an exercise price of NIS 17.7 per share. In March 2023, the Company granted 39,782 options (unlisted), exercisable into ordinary shares of the Company, to employees, with whom the Company has employment relationships for an exercise price of NIS 15.9 per share. In April 2023, the Company granted 90,275 options (unlisted), exercisable into ordinary shares of the Company, to an officer who is a related party, with whom the Company has no employment relationship. The options will vest over 3 years from the date of the grant - 33% each year. The exercise price for each option is variable in each tranche: NIS 28.6 , NIS 32.0 , NIS 42.7 , respectively. The grant of the options was made against the cancellation of 78,621 options that were granted to that officer in November 2021. The accounting treatment of the grant of the options that replaced the canceled options was carried out by way of a modification. The incremental fair value granted, which is the difference between the fair value of the new options issued and the fair value of the canceled options at the time the new options were granted, will be recognized as an expense over the vesting period of the new grant. In April 2023, the Company granted 47,873 options (unlisted), exercisable into ordinary shares of the Company, to two directors, with whom the Company has no employment relationships. The options will vest over 3 years from the date of the grant - 33% each year. The exercise price for each option is variable in each tranche: NIS 28.6 , NIS 32.0 , NIS 42.7 , respectively. In August 2023, the Company granted 49,400 options (unlisted), exercisable into ordinary shares of the Company, to employees, with whom the Company has employment relationships for an exercise price of NIS 12.1 per share. The value of benefit is measured on the grant date by reference to the fair value of the granted equity instruments, as described above. The fair value is calculated using the Black and Scholes formula, with the following assumptions: SCHEDULE OF FAIR VALUE ASSUMPTIONS 2023 2022 2021 Dividend yield 0% 0 0% Expected volatility 74% - 76% 52% - 76% 55% - 75% Risk-free interest rate 3.3% - 3.9% 2.4% - 3.1% 0.75% - 2% Expected term (years) 4 - 7 5 - 7 years 5 - 6 years Exercise price (USD) 3.32 - 11.78 4.92 - 7.55 5.15 - 21.16 ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) The following is summary information of equity classified options in 2023: SCHEDULE OF STOCK OPTIONS ACTIVITY Year ended December 31, 2023 Weighted average exercise price Weighted average remaining contractual life Aggregate Intrinsic Number USD Years Value Outstanding at beginning of year 298,955 8.46 9.4 - Expired (110,945 ) 16.81 - - Granted 240,447 5.60 9.3 - Forfeited (64,672 ) 10.5 6.9 - Reclassification of liability classified 401,794 9.32 5.7 - Outstanding at end of year 428,457 7.55 8.9 - Exercisable at end of year 64,291 9.15 8.2 - The weighted-average grant-date fair value of equity awards granted during the year was $ 1.73 . The following is information regarding exercise prices and remaining contractual lives of outstanding options at December 31, 2023: SCHEDULE OF EXERCISE PRICES AND REMAINING CONTRACTUAL LIVES OF OUTSTANDING OPTIONS December 31, 2023 Outstanding Exercisable Number of options outstanding Exercise price (USD) Weighted average remaining contractual life Number of options Exercisable Exercise price (USD) Weighted average remaining contractual life 49,400 3.32 9.6 - - - 39,782 4.35 9.2 - - - 9,618 4.80 8.9 2,077 4.80 8.9 13,115 4.92 9.1 - - - 59,482 5.95 8.5 19,809 5.95 8.5 96,177 7.43 8.7 28,416 7.43 8.7 46,050 7.89 9.3 - - - 46,050 9.04 9.3 - - - 46,050 11.78 9.3 - - - 22,733 18.07 7.8 13,989 18.07 7.8 428,457 7.55 8.9 64,291 9.15 8.2 As of December 31, 2023, there is an unrecognized share-based compensation expense of $ 441 thousand to be recognized over the average remaining vesting period of 2.5 years. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) Liability classified awards The options were classified as liabilities in accordance with ASC 718, as the exercise price is denominated in USD, that is not the Company’s functional currency and not the employees’ salary currency or the currency in which the Company is traded. Accordingly, the options are measured at fair value each reporting period, and changes in their fair value are recognized in the statements of operations. The fair value of the options as of December 31, 2023, was evaluated using the Black-Scholes Option Pricing Model. For the various scenarios modeled, volatility is based on companies in the industry by statistical analysis of a daily share pricing model. The risk-free interest rate assumption is based on observed interest rates appropriate for the period until the options expiration date. Following the merger in April 2024, as detailed in note 1, given that the currency of the market in which the Company’s equity securities are traded, these awards will be reclassified to equity. The table below sets forth a summary of changes in the fair value of the options: SCHEDULE OF CHANGES IN FAIR VALUE OF OPTIONS Number of options measured at fair value Fair value (U.S. Dollars in thousands) Balance at January 1, 2021 446,703 4,769 Effect of change in exchange rate - 112 Changes in fair value - (1,276 ) Reclassification of liability classified share-based compensation awards to equity (401,794 ) (302 ) Balance at December 31, 2021 446,703 3,605 Effect of change in exchange rate (315 ) Changes in fair value - (2,294 ) Balance at December 31, 2022 440,045 996 Effect of change in exchange rate (30 ) Changes in fair value - (734 ) Balance at December 31, 2023 405,714 232 As of December 31, 2023, 386,016 options were fully vested. The following table summarizes assumptions used as of December 31, 2023, 2022 and 2021: SCHEDULE OF FAIR VALUE ASSUMPTIONS 2023 2022 2021 Expected dividend 0% 0% 0% Expected volatility* 81.2% - 90.9% 79.6% - 95.7% 86.9% - 95% Risk-free interest rate 4.97% - 5.35% 4.68% - 5.27% 1.18% - 1.87% Expected life 2 - 4 1.5 - 5 2 - 5.9 Exercise price (USD) 4.57 - 15.67 4.57 - 15.67 4.57 - 15.67 ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) The following is summary information about liability classified options in 2023: SCHEDULE OF STOCK OPTIONS ACTIVITY Year ended December 31, 2023 Weighted Weighted Aggregate Number USD years Value Outstanding at beginning of year 440,045 8.46 6.3 - Expired (34,331 ) 7.66 - - Outstanding at end of year 405,714 9.72 6.2 - Exercisable at end of year 386,016 10.52 6.1 - The following is information regarding exercise prices and remaining contractual lives of outstanding options at December 31, 2023: SCHEDULE OF EXERCISE PRICES AND REMAINING CONTRACTUAL LIVES OF OUTSTANDING OPTIONS December 31, 2023 outstanding Exercisable Number of Exercise price Weighted Number of Exercise price Weighted 78,110 7.55 4.1 78,110 7.55 4.1 239,009 7.78 6.8 239,009 7.78 6.8 78,795 15.67 6.9 59,097 15.67 6.9 9,800 25.62 0.4 78,110 25.62 0.4 405,714 9.72 6.2 386,016 10.52 6.1 As of December 31, 2023, there is an unrecognized share-based compensation expense of $ 1 thousand to be recognized over the average remaining vesting period of 0.9 year. The table below presents the expense (income) recognized in the financial statements of the Company in respect to share-based payment: SCHEDULE OF EXPENSE (INCOME) RECOGNIZED IN CONSOLIDATED FINANCIAL STATEMENTS Year ended December 31 2022 2021 Equity Liability Total Equity Liability Total Research and development expenses (income) 206 (1,426 ) (1,220 ) 7 (1,297 ) (1,290 ) Sales and marketing expenses (income) 59 (546 ) (487 ) 269 (459 ) (190 ) General and Administrative expenses (income) 278 (322 ) (44 ) 70 95 165 543 (2,294 ) (1,751 ) 346 (1,661 ) (1,315 ) ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) Year ended December 31 2023 Equity classified Liability Total Research and development expenses (income) 98 (440 ) (342 ) Sales and marketing expenses (income) 111 (171 ) (60 ) General and Administrative expenses (income) 294 (111 ) 183 503 (722 ) (219 )

TAXES ON INCOME

TAXES ON INCOME	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
TAXES ON INCOME	Note 13 – TAXES ON INCOME : Tax rates The Company is taxed under the laws of the State of Israel at a corporate tax rate of 23 %. Capital gains of the Company are subject to the normal corporate tax rate beginning in the tax year. Deferred Tax Assets The Company’s deferred tax assets are as follows: SCHEDULE OF DEFERRED TAX ASSETS 2023 2022 December 31 2023 2022 U.S. dollars in thousands Deferred Tax assets: Net operating losses carryforward 8,053 5,882 Operating lease liabilities 309 362 Employee benefits 70 60 Inventory write off 291 - Research and development expenses 1,250 - Issuance costs 120 290 Total deferred tax assets 10,093 6,594 Less deferred tax liabilities (related to right of use assets) (301 ) (336 ) Deferred tax assets, net 9,792 6,258 Less valuation allowance for deferred tax assets (9,792 ) (6,258 ) Deferred tax assets - - December 31 2023 2022 U.S. dollars in thousands Valuation allowance at beginning of year (6,258 ) (4,739 ) Changes in valuation allowance (3,534 ) (1,519 ) Valuation allowance at end of year (9,792 ) (6,258 ) Deferred taxes were calculated using 23 % tax rate as this represents the applicable corporate tax rate for the Company. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) Significant judgment is required in determining any valuation allowance recorded against deferred tax assets. In assessing the need for a valuation allowance, the Company considered all available evidence, including past operating results, the most recent projections for taxable income, and prudent and feasible tax planning strategies. The Company reassess its valuation allowance periodically and if future evidence allows for a partial or full release of the valuation allowance, a tax benefit will be recorded accordingly. Management currently believes that since the Company has a history of losses, it is more likely than not that the deferred tax assets regarding the loss carry-forward will not be realized in the foreseeable future and as a result the Company recorded a full valuation allowance. Carryforward losses Carryforward losses for tax purposes are NIS 127 million ($ 35 million) and NIS 90 million ($ 26 million) as of December 31, 2023 and 2022, respectively. Such carryforward losses have no expiration date. Tax assessments As prescribed by law, the statute of limitations on taxpayer self-assessments is four years after the end of the tax year in which the assessment is filed. Accordingly, self-assessments filed by the Company until and including 2018 are considered final.

RELATED PARTIES TRANSACTIONS

RELATED PARTIES TRANSACTIONS	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Related Party Transactions [Abstract]
RELATED PARTIES TRANSACTIONS	Note 9 - RELATED PARTIES TRANSACTIONS SCHEDULE OF RELATED PARTIES TRANSACTIONS Six months ended June 30 2024 2023 U.S. dollars Balances With Related Parties: Promissory note 2,069 - Transactions with Related Parties: Finance expenses: Interest expense related to Promissory note 39 - Share based compensation Research and development income, net 20 (22 ) General and administrative expenses 81 95 On June 1, 2024, the CEO ceased his service. On that date 4,771 The Company recorded a provision with respect of the employment termination	Note 14 - RELATED PARTIES TRANSACTIONS : SCHEDULE OF RELATED PARTIES TRANSACTIONS 2023 2022 2021 Year ended December 31 2023 2022 2021 U.S. dollars in thousands Share based compensation expenses : Research and development income, net (163 ) (529 ) (459 ) General and administrative expenses 76 19 399

RESEARCH AND DEVELOPMENT EXPENS

RESEARCH AND DEVELOPMENT EXPENSES, NET	12 Months Ended
	Dec. 31, 2023
Research and Development [Abstract]
RESEARCH AND DEVELOPMENT EXPENSES, NET	NOTE 15 - RESEARCH AND DEVELOPMENT EXPENSES, NET : SCHEDULE OF RESEARCH AND DEVELOPMENT EXPENSES NET 2023 2022 2021 Year ended December 31 2023 2022 2021 U.S. dollars in thousands Payroll and related expenses 3,308 1,824 507 Subcontractors 697 1,212 625 Materials 388 945 301 Operating lease expenses 208 189 47 Depreciation 211 130 44 Maintenance 223 136 174 Other 298 86 14 Research and development expenses gross 5,333 4,522 1,712 Less – grants from governments and others (118 ) (359 ) (189 ) Research and development expenses, net 5,215 4,163 1,523 ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)

FINANCE INCOME EXPENSES (EXPENS

FINANCE INCOME EXPENSES (EXPENSE), NET	12 Months Ended
	Dec. 31, 2023
Other Income and Expenses [Abstract]
FINANCE INCOME EXPENSES (EXPENSE), NET	NOTE 16 – FINANCE INCOME EXPENSES (EXPENSE), NET : SCHEDULE OF FINANCE INCOME EXPENSES NET 2023 2022 2021 Year ended December 31 2023 2022 2021 U.S. dollars in thousands Interest on deposits 265 108 - Foreign exchange losses (gain), net 206 279 (34 ) Bank fees (15 ) (10 ) (9 ) Finance income (expenses), net 456 377 (43 )

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 17 – SUBSEQUENT EVENTS : 1. On March 2024, the Company signed with Dor-Alon a binding memorandum of understanding, according to which the companies will cooperate within a project (the “Project”) to upgrade the ultra-fast charging infrastructure of the ON network, at Dor-Alon stations on Route 6, using the company’s solution, which is based on the ZOOZTER™-100 Power Booster (the “System”) and the Company’s charging management software. The purpose of the project is to enable the addition of ultra-fast charging ports, despite the limitation of the electricity grid, at the charging sites at the Dor-Alon stations on Route 6, as described below. As part of the project, in cooperation with Dor Alon and Afcon Electric Transportation, the charging infrastructure will be upgraded at two Dor Alon stations, on Route 6 - Magal station (east side) and Naan station (west side) - while installing two ZOOZTER™-100 systems (one system at each station), and adding charging ports based on ultra-fast chargers, which allow charging with a power of up to 150 kilowatts. The upgrade of the charging infrastructure is expected to enable a significant improvement in the experience of EV drivers, who travel on Route 6 (being a major transportation corridor in Israel) and look for charging services at these sites. In the first months of operation, of the ZOOZTER™-100 systems at the Route 6 sites, will be used to test their ability to allow the addition of charging ports while managing charging at a large number of charging ports (this is different from the outline of the pilot carried out during 2023 at the Dor-Alon station “Mall-Zikhron”). To the extent that the company’s solution is proven to allow the addition of the aforementioned charging ports, the systems will be purchased by Dor-Alon, under conditions agreed upon between the parties. 2. As for the completion of the Merger transaction see Note 1

WARRANTS LIABILTY

WARRANTS LIABILTY	6 Months Ended
	Jun. 30, 2024
Warrants Liabilty
WARRANTS LIABILTY	NOTE 7 - WARRANTS LIABILTY As part of the transaction mentioned in note 1, Keyarch’s warrants were converted to the Company’s warrants and recorded in the consolidated financial statements. The exercise price of the warrants is $ 11.5 five years The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities: Level 1: Quoted prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2: Observable inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active. Level 3: Unobservable inputs based on our assessment of the assumptions that market participants would use in pricing the asset or liability. The table below sets forth a summary of the changes in the fair value of the warrants liability classified as Level 1: SUMMARY OF THE CHANGES IN THE FAIR VALUE OF THE WARRANTS LIABILITY June 30, 2024 U.S. dollars Balance as of December 31, 2023 - Initial recognition 306 Changes in fair value (125 ) Balance as of June 30, 2024 181

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Accounting Policies [Abstract]
Basis of presentation of financial statements	Basis of presentation of financial statements The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial reporting. Certain prior-period amounts were reclassified to conform to the current period presentation. Certain information and footnote disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, the information contained herein reflects all adjustments necessary for a fair statement of our results of operations, financial position, cash flows, and shareholders’ equity. All such adjustments are of a normal, recurring nature. ZOOZ POWER LTD NOTES TO THE FINANCIAL STATEMENTS (continued) (Unaudited) The results of operations for the six months ended June 30, 2024 shown in these financial statements are not necessary indicative of the results to be expected for the full year ending December 31, 2024. The unaudited condensed financial statements should be read in conjunction with the audited financial statements for the year ended December 31, 2023. There have been no material changes in our significant accounting policies as described in our financial statements for the year ended December 31, 2023. The carrying value of cash, other current assets and accounts payables, other payables and accrued expenses (included in the condensed balance sheets) approximates their fair value because of their generally short maturities. The promissory notes bear annual interest at rates close to the prevailing market rates. The fair value of restricted bank deposits approximates the carrying value since they bear interest at rates close to the prevailing market rates. The Company’s financial instruments which are considered as a Level 3 measurement are the warrants liability and the share-based payment liability. For more information see Note 7 and Note 8, respectively.	Basis of presentation of financial statements The financial statements of the Company have been prepared in conformity with United States generally accepted accounting principles (U.S. GAAP)
Use of estimates	Use of estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. ZOOZ’s management believes that the estimates, judgments, and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates, and such differences may have a material impact on the Company’s financial statements. As applicable to these financial statements, the most significant estimates relate to inventory net realizable value and share-based compensation.	Use of estimates in the preparation of financial statements The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. The Company’s management believes that the estimates, judgments, and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates, and such differences may have a material impact on the Company’s financial statements. As applicable to these financial statements, the most significant estimates relate to inventory net realizable value and share-based compensation. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Functional and Presentation Currency		Functional and Presentation Currency The currency of the primary economic environment in which the operations of the Company are conducted is the New Israeli Shekel (“NIS”). Thus, the functional currency of the Company is the NIS. The Company’s presentation and reporting currency is the U.S dollar. Balances in non-NIS currencies are translated into NIS using historical and current exchange rates for non-monetary and monetary balances, respectively. For non-NIS transactions and other items in the statements of operations (indicated below), the following exchange rates are used: (i) for transactions - exchange rates at transaction dates; and (ii) for other items (derived from non-monetary balance sheet items such as depreciation and amortization) - historical exchange rates. Currency transaction gains and losses are presented in finance income or expenses, as appropriate. The financial statements are translated into the reporting currency, the U.S dollar, using the current rate method - equity accounts are translated using historical exchanges rates, while all other balance sheet accounts are translated using the exchanges rates in effect at the balance sheet date. Statement of operations amounts have been translated using the average exchange rate for the year, unless this average is not a reasonable approximation of the cumulative effect of the rates prevailing on the transaction dates, The resulting translation adjustments are reported as a component of shareholders’ equity in accumulated other comprehensive income (loss). Exchange rates of NIS to U.S dollar as of December 31, 2023 and 2022 are 3.63 and 3.52 , respectively.
Fair Value Measurements		Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A hierarchy has been established for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that are developed using market data, such as publicly available information about actual events or transactions, and that reflect the assumptions that market participants would use when pricing the asset or liability. Unobservable inputs are inputs for which market data are not available and that are developed using the best information available about the assumptions that market participants would use when pricing the asset or liability. The fair value hierarchy is categorized into three levels. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity can access at the measurement date. Level 2 inputs include inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1 inputs) and the lowest priority to unobservable inputs (Level 3 inputs). Categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The carrying amounts of other current assets, account payables and other payables and accrued expenses approximate fair value because of their generally short maturities. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Restricted long-term bank deposits		Restricted long-term bank deposits Restricted long-term bank deposits are deposits with a maturity of more than one year. The bank deposits are used as a security for the Company’s lease agreements. Long-term bank deposits are denominated in NIS. The interest on the Company’s deposits is insignificant. As of December 31, 2023 and 2022, the Company had a lien on the Company’s bank deposits in respect of bank guarantees granted in order to secure its lease agreements. The fair value of bank deposits approximates the carrying value since they bear interest at rates close to the prevailing market rates.
Concentration of credit risks	Concentration of credit risks Financial instruments that potentially subject the Company to a concentration of credit risk consist of cash and restricted bank deposits. The Company’s cash and restricted bank deposits are invested in banks domiciled in Israel. Accordingly, management believes that these restricted bank deposits have minimal credit risk.	Concentration of credit risks Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash, restricted long-term deposits and other receivables. All the Company’s cash and restricted long-term bank deposits are invested in banks within Israel. The Company is exposed to credit risk in the event of default by the financial institutions to the extent of the amounts recorded on the accompanying balance sheets exceed federally insured limits. The Company places its cash and deposits with financial institutions for which management believes there is limited credit loss exposure with respect to the investments.
Inventory		Inventory Inventory consists of raw materials, work in process and finished products. Inventories are stated at the lower of cost or net realizable value. Inventory write-offs are provided to cover risks arising from slow-moving and obsolescent items. The Company periodically evaluates the quantities on hand relative to current and historical selling prices and historical and projected sales volume. Once written-down, a new lower cost basis for that inventory is established . Cost of inventories is assigned as follows: Raw materials - at cost of purchase represents the first in, first out method. Work in process - on the basis of direct manufacturing costs with the addition of allocable indirect manufacturing costs. Finished products - based on average costs of materials, contracting and manufacturing costs.
Property and equipment		Property and equipment Property and equipment are stated at cost, net of accumulated depreciation. Depreciation is calculated by the straight-line method over the estimated useful lives of the assets at the following annual rates: SCHEDULE OF PROPERTY AND EQUIPMENT ANNUAL RATES % Computers and peripherals 33 Office furniture and equipment 7 Machines and electronic devices 15 - 33 Energy storage systems 20 Leasehold improvements 21 - 26 Leasehold improvements are amortized over the terms of the respective leases or the estimated useful lives of the improvements, whichever is shorter. The Company’s property and equipment include, among other things, energy storage systems that were manufactured by the Company and transferred to a third party free of charge for the purpose of a marketing pilot. At the end of a period agreed between the parties, the systems will be returned to the Company. Grants that relate to assets are presented in the statement of financial position by deducting the grant in order to arrive at the book value of the asset. The grant is recognized in profit or loss over the life of a depreciable asset through the imputation of reduced depreciation. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Impairment of long-lived assets		Impairment of long-lived assets The Company tests long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may no longer be recoverable. Recoverability of long-lived assets is measured by comparing the carrying amount of the long-lived asset to the estimated undiscounted future cash flows expected to be generated by the asset. If the sum of the expected undiscounted cash flow is less than the carrying amount of the asset, the Company recognizes an impairment loss, which is the excess of the carrying amount over the fair value of the asset, using the expected future discounted cash flows. For the years ended December 31, 2023, 2022 and 2021, the Company did not recognize an impairment loss on its long-lived assets.
Basic and diluted net loss per share		Basic and diluted net loss per share The Company’s basic net loss per share is calculated by dividing net loss attributable to ordinary shareholders by the weighted-average number of ordinary shares outstanding for the period, without consideration of potentially dilutive securities. The diluted net loss per share is calculated by giving effect to all potentially dilutive securities outstanding for the period using the treasury share method or the if-converted method based on the nature of such securities. All share options, warrants and preferred shares were excluded from the calculation of diluted net loss per ordinary share because their effect would have been anti-dilutive for the years presented. The Company computes net loss per share using the two-class method required for participating securities. The two-class method requires income available to ordinary shareholders for the period to be allocated between ordinary shares and participating securities based upon their respective rights to receive dividends as if all income for the period had been distributed. These participating securities do not contractually require the holders of such shares to participate in the Company’s losses. As such, a net loss for the periods presented was not allocated to the Company’s participating securities. For the year ended December 31, 2023, the Company had 834,172 options and 39,710 warrants, and for the year ended December 31 2022, the Company had 711,539 options, 39,710 warrants. These securities were not considered when calculating diluted loss per share since their effect is anti-dilutive.
Collaborative arrangements		Collaborative arrangements The Company entered into collaborative arrangements with partners that fall under the scope of Topic 808, “Collaborative Arrangements” (“ASC 808”). While these arrangements are in the scope of ASC 808, the Company may analogize to ASC 606 for some aspects of the arrangements. The terms of the Company’s collaborative arrangements typically include reimbursements or cost-sharing of research and development expenses. Each of these payments results in an offset against research and development expenses. Under certain collaborative arrangements, the Company has been reimbursed for a portion of its research and development expenses or participates in the cost-sharing of such research and development expenses. Such reimbursements and cost-sharing arrangements have been reflected as a reduction of research and development expense in the Company’s statements of operations, as the Company does not consider performing research and development services for reimbursement to be a part of its ongoing major or central operations. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Revenues		Revenues The Company generates revenues from the sale of energy storage system for supporting fast chargers for electric vehicles, based on kinetic storage using flywheels. The Company recognizes revenue when its customer obtains control of promised goods or services, in an amount that reflects the consideration that the entity expects to receive in exchange for those goods or services. To determine revenue recognition for arrangements that the Company determines are within the scope of ASC 606, the entity performs the following five steps: 1. Identify the contract(s) with a customer; 2. Identify the performance obligations in the contract; 3. Determine the transaction price; 4. Allocate the transaction price to the performance obligations in the contract; 5. Recognize revenue when (or as) the performance obligation is satisfied. The Company accounts for a contract with customer when it has approval and commitment from both parties, the rights of the parties and payment terms are identified, the contract has commercial substance and collectability of consideration is probable. The Company’s contract includes one type of performance obligation, which is satisfied at a point in time. The Company recognizes revenue upon transfer of control of the system to the customer in an amount that reflects the consideration the Company expects to receive in exchange for the system. Transfer of control occurs generally upon the receipt of customer acceptance or once risk of loss has transferred to the customer. The acceptance received from customers include successful installation and commissioning test of the energy storage system. The Company does not provide a right of return. The Company provide to customers a limited warranty assurance that the systems are in compliance with the applicable specifications at the time of delivery. Under the standard terms and conditions of sale, liability for certain failures of product during the stated warranty periods are limited to repair or replacement of defective items.‏ During the reporting period the Company delivered to its client and installed in the client’s site located in Germany two energy storage systems. The Company recognized the revenues related to these two systems during the reporting period, after receiving the acceptance certificate for the systems. The Company’s trade receivable balances are driven by sale of energy storage systems. Credit is granted based on evaluation of a customer’s financial condition and generally, collateral is not required. Trade receivable balances are stated at amounts due from customers net of a provision for current expected losses. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) Trade receivables are reduced by an allowance for current expected losses. The Company maintains the allowance for estimated losses resulting from the inability of the Company’s customers to make required payments. The allowance represents the current estimate of lifetime expected credit losses over the remaining duration of existing accounts receivable considering current market conditions and supportable forecasts when appropriate. The estimate is a result of the Company’s ongoing evaluation of collectability, customer creditworthiness, historical levels of credit losses, and future expectations.‏‏ As of December 31, 2023, the Company has collected all trade receivable balances.
Research and development, net		Research and development, net Research and development costs are expensed to the statement of operations as incurred, net of government grants which represents participations in research and development. Research and development expenses include costs directly attributable to the conduct of research and development programs, including payroll costs, lab expenses, materials, consumables, and consulting fees. All costs associated with research and development are expensed as incurred. The Company receives royalty-bearing grants, which represents participation of the Israel Innovation Authority (hereafter “IIA”), other governmental institutions (the Ministry of Economy and the Ministry of Energy) and the BIRD Foundation (“BIRD”) in approved programs for research and development. At the time the grants were received, successful development of the related projects was not assured. Grants are recognized as a reduction of research and development expenses as the related costs are incurred. For more information see note 16a.
Sales and marketing		Sales and marketing The Company receives royalty-bearing grants, which represents participation of the New York Power Authority (hereafter “NYPA”) in approved programs for sales and marketing. These grants are recognized as a reduction of sales and marketing expenses as the related costs are incurred.
Income taxes		Income taxes The Company accounts for income taxes in accordance with ASC 740, “Income Taxes” (“ASC 740”). ASC 740 prescribes the use of the liability method whereby deferred tax asset and liability account balances are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company provides a valuation allowance, if necessary, to reduce deferred tax assets to their estimated realizable value, if it is more likely than not that a portion or all the deferred tax assets will not be realized. ASC 740-10, “Income Taxes” (“ASC 740-10”) clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements. This standard contains a two-step approach to recognizing and measuring a liability for uncertain tax positions. The first step is to evaluate the tax position taken or expected to be taken in a tax return by determining if the weight of available evidence indicates that it is more likely than not that, on an evaluation of the technical merits, the tax position will be sustained on audit, including resolution of any related appeals or litigation processes. The second step is to measure the tax benefit as the largest amount that is more than 50% likely to be realized upon ultimate settlement. The Company accrues interest and penalties related to unrecognized tax benefits in its taxes on income. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) The Company believes that its income tax filing positions and deductions will be sustained on audit and does not anticipate any adjustments that will result in a material change to its financial position.
Share-based compensation		Share-based compensation The Company accounts for options granted to employees under the fair value recognition provision of ASC 718 “stock compensation”. The Company measures all share-based awards, based on their estimated fair value on the grant date. The Company’s employees and directors share-based payment awards are classified as equity awards, except for awards as described below. The grant date fair value of these share-based payment transactions is recognized as an expense over the requisite service period using an accelerated method, net of estimated forfeitures. The Company elected to recognize compensation costs for awards conditioned only on continued service that have a graded vesting schedule based on the multiple-option award approach. The Company accounts for its equity classified share-based payment awards to its advisors in a similar manner. The Company uses the Black-Scholes option-pricing model to determine the fair value of stock options. The determination of the fair value of stock-based payment awards on the date of grant using an option- pricing model is affected by the Company’s stock price as well as assumptions regarding number of complex and subjective variables. These variables include the estimated stock price volatility over the term of the awards; actual and projected employee stock option exercise behaviors, which is referred to as expected term; risk-free interest rate and expected dividends. The expected term is calculated using the simplified method, as the Company has concluded that its historical share option exercise experience does not provide a reasonable basis to estimate the expected option term. The Company uses an average historical stock price volatility based on a combined weighted average of the Company’s historical average volatility and that of a selected peer group of comparable public companies within the industry that were deemed to be representative of future stock price trends as the Company does not have a sufficient historical trading history of its own Common Stock. The Company will continue to apply this process until a sufficient amount of historical information regarding the volatility of its own stock price becomes available. The Company bases the risk-free interest rate used in its option-pricing models on U.S. Treasury zero-coupon issues with remaining terms similar to the expected term to maturity of its equity awards. The Company does not anticipate paying any cash dividends in the foreseeable future and therefore uses an expected dividend yield of zero. Liability classified share-based options Some of the Company’s share-based awards have an exercise price denominated in USD, which is not the Company’s functional currency and not the employees’ salary currency or the currency in which the employees are paid. These awards are classified as liability awards, measured at fair value at the date of grant and re-measured at fair value at each reporting date up to and including the settlement date. The determination of the fair value of these awards is described in Note 12. The fair value of the awards is expensed over the respective vesting period of the individual awards with recognition of a corresponding liability. Changes in fair value after vesting are recognized through compensation expense in the statement of operations. Compensation expense reflects estimates of the number of awards expected to vest. The impact of forfeitures and fair value revisions, if any, are recognized in earnings such that the cumulative expense reflects the revisions, with a corresponding adjustment to the settlement liability. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Severance pay		Severance pay Under Israeli law, the Company is required to pay a severance payment to its employees in Israel upon dismissal of an employee or upon termination of employment in certain other circumstances. The Company makes ongoing deposits into its Israeli employee pension plans to fund their severance liabilities. For its employees who are employed under the Section 14 of the Severance Pay Law, 1963 (“Section 14”), the Company makes deposits with certain insurance companies for accounts controlled by each applicable employee in order to secure the employee’s rights upon termination. In addition, the related obligations and amounts deposited on behalf of the applicable employees for such obligations are not presented on the Company’s balance sheets, as the amounts funded are not under the control of management and the Company is legally released from the obligation to pay any severance payments to the employees once the required deposit amounts have been paid. For the years ended December 31, 2023, 2022 and 2021, severance pay expenses were $ 375 thousand, $ 253 thousand and $ 181 thousand, respectively.
Comprehensive loss		Comprehensive loss The Company complies with ASC 220, “Comprehensive Income,” which establishes rules for the reporting and display of comprehensive income (loss) and its components. The Company reports the financial impact of translating its financial statements from its functional currency to its reporting currency as a component of other comprehensive income (loss).
Leases		Leases The Company accounts for leases in accordance with ASC 842, Leases. All of the Company’s leases are classified as operating leases. The Company determines if an arrangement is a lease at inception. Lease classification is governed by five criteria in ASC 842-10-25-2. If any of these five criteria is met, the Company classifies the lease as a finance lease; otherwise, the Company classifies the lease as an operating lease. Operating leases are included as operating lease right-of-use (“ROU”) assets and operating lease liabilities on the balance sheet. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. The Company uses its incremental borrowing rate based on the information available at the commencement date to determine the present value of the lease payments. The Company elected the practical expedient to not separate lease and non-lease components for all of the Company leases, and to keep leases with an initial term of 12 months or less off the balance sheet and recognize the associated lease payments in the statements of operations on a straight-line basis over the lease term. The Company subsequently measures the ROU asset at the present value of the remaining lease payments, adjusted for the remaining balance of any lease incentives received, any cumulative prepaid or accrued rent if the lease payments are uneven throughout the lease term and any unamortized initial direct costs. Further, the Company recognizes lease expense on a straight-line basis over the lease term. The lease terms include options to extend or terminate the lease when it is reasonably certain that the Company will exercise or not exercise the option to renew or terminate the lease. ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Contingent Liabilities		Contingent Liabilities Certain conditions may exist as of the date of the financial statements, which may result in a loss to the Company, but which will only be resolved when one or more future events occur or fail to occur. If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability is recorded as accrued expenses in the Company’s financial statements. If the assessment indicates that a potential material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, together with an estimate of the range of possible loss if determinable and material are disclosed. As of December 31, 2023, no contingent liabilities have been recognized.
New Accounting Pronouncements	New Accounting Pronouncements Accounting Pronouncements effective in future periods In December 2023, the FASB issued ASU 2023-09 Improvements to Income Tax Disclosures. The ASU improves the transparency of income tax disclosures by requiring (1) consistent categories and greater disaggregation of information in the rate reconciliation and (2) income taxes paid disaggregated by jurisdiction. It also includes certain other amendments to improve the effectiveness of income tax disclosures. The ASU is effective for the Company for annual periods beginning after December 15, 2025. The Company is evaluating the potential impact of this guidance on its consolidated financial statements. The amendments in this Update should be applied on a prospective basis. Retrospective application is permitted. In November 2023, the FASB issued ASU No. 2023-07 Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The ASU improves reportable segments disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company is evaluating the potential impact of this guidance on its Segment disclosure. A public entity should apply the amendments in this Update retrospectively to all prior periods presented in the financial statements. ZOOZ POWER LTD NOTES TO THE FINANCIAL STATEMENTS (continued) (Unaudited)	Accounting Pronouncements effective in future periods : In December 2023, the FASB issued ASU 2023-09 Improvements to Income Tax Disclosures. The ASU improves the transparency of income tax disclosures by requiring (1) consistent categories and greater disaggregation of information in the rate reconciliation and (2) income taxes paid disaggregated by jurisdiction. It also includes certain other amendments to improve the effectiveness of income tax disclosures. This ASU is effective for the Company for annual periods beginning after December 15, 2025. The Company is evaluating the potential impact of this guidance on its financial statements. In November 2023, the FASB issued ASU No. 2023-07 Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The ASU improves reportable segments disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company is evaluating the potential impact of this guidance on its financial statements.

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
SCHEDULE OF PROPERTY AND EQUIPMENT ANNUAL RATES	Property and equipment are stated at cost, net of accumulated depreciation. Depreciation is calculated by the straight-line method over the estimated useful lives of the assets at the following annual rates: SCHEDULE OF PROPERTY AND EQUIPMENT ANNUAL RATES % Computers and peripherals 33 Office furniture and equipment 7 Machines and electronic devices 15 - 33 Energy storage systems 20 Leasehold improvements 21 - 26

CASH AND RESTRICTED CASH EQUI_2

CASH AND RESTRICTED CASH EQUIVALENT (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Cash and Cash Equivalents [Abstract]
SCHEDULE OF RECONCILIATION OF CASH EQUIVALENTS AND RESTRICTED BANK DEPOSITS	The following table provides a reconciliation of cash and cash equivalents and restricted bank deposits reported on the balance sheets that sum to the same total amount as shown in the statements of cash flows: SCHEDULE OF RECONCILIATION OF CASH EQUIVALENTS AND RESTRICTED BANK DEPOSITS 2024 2023 June 30, December 31, 2024 2023 U.S. dollars Cash and cash equivalents 7,721 6,672 Restricted bank deposits 219 - Total cash and cash equivalents and restricted bank deposits shown in the statement of cash flows 7,940 6,672	The following table provides a reconciliation of cash and restricted deposits reported on the balance sheets that sum to the same total amount as shown in the statements of cash flows: SCHEDULE OF RECONCILIATION OF CASH EQUIVALENTS AND RESTRICTED BANK DEPOSITS 2023 2022 December 31 2023 2022 U.S. dollars in thousands Cash 6,672 20,569 Restricted deposits (1) - 224 Total cash and restricted cash equivalent shown in the statement of cash flows 6,672 20,793 (1) As of December 31, 2022, the Company’s restricted deposits consisted of bank deposits that were denominated in New Israeli Shekel. Restricted deposits are presented at cost including accrued interest. These bank deposits are used as security for collateralizing the Company’s lease contracts.

PREPAID EXPENSES AND OTHER CU_2

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)	12 Months Ended
	Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS	SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS 2023 2022 December 31 2023 2022 U.S. dollars in thousands Prepaid expenses 203 66 Institutions 117 216 Advances to suppliers 304 16 Other 128 299 Total 752 597

INVENTORY (Tables)

INVENTORY (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Inventory Disclosure [Abstract]
SCHEDULE OF INVENTORY	SCHEDULE OF INVENTORY 2024 2023 June 30, December 31, 2024 2023 U.S. dollars Raw materials 882 955 Work in process 518 425 Finished goods 1,070 1,468 Total 2,470 2,848	SCHEDULE OF INVENTORY 2023 2022 December 31 2023 2022 U.S. dollars in thousands Raw materials 955 558 Work in process 425 904 Finished goods 1,468 305 Total 2,848 1,767

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
SCHEDULE OF PROPERTY AND EQUIPMENT	SCHEDULE OF PROPERTY AND EQUIPMENT 2023 2022 December 31 2023 2022 U.S. dollars in thousands Cost: Computers and peripheral equipment 254 115 Office furniture and equipment 170 163 Machines and equipment 652 550 Leasehold improvements 264 252 Energy storage systems 844 - Property plant and equipment gross 2,184 1,080 Accumulated depreciation: (591 ) (357 ) Depreciated cost 1,593 723

OTHER PAYABLES AND ACCRUED EX_2

OTHER PAYABLES AND ACCRUED EXPENSES (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Payables and Accruals [Abstract]
SCHEDULE OF OTHER PAYABLES AND ACCRUED EXPENSES	SCHEDULE OF OTHER PAYABLES AND ACCRUED EXPENSES 2024 2023 June 30, December 31, 2024 2023 U.S. dollars Accrued expenses 498 975 Grants in advance 368 268 Others 46 144 Other payables and accrued expenses 912 1,387	SCHEDULE OF OTHER PAYABLES AND ACCRUED EXPENSES 2023 2022 December 31 2023 2022 U.S. dollars in thousands Accrued expenses 975 252 Grants in advance 268 90 Others 144 10 Other payables and accrued expenses 1,387 352

OPERATING LEASES (Tables)

OPERATING LEASES (Tables)	12 Months Ended
	Dec. 31, 2023
Operating Leases
SCHEDULE OF OPERATING LEASE COST	SCHEDULE OF OPERATING LEASE COST 2023 2022 2021 December 31 2023 2022 2021 U.S. dollars in thousands Operating lease cost 781 760 209 Short term lease costs 18 14 - Total lease costs 799 774 209
SCHEDULE OF CASH FLOW AND OTHER INFORMATION RELATED TO OPERATING LEASES	Cash flow and other information related to operating leases were as follows: SCHEDULE OF CASH FLOW AND OTHER INFORMATION RELATED TO OPERATING LEASES 2023 2022 2021 December 31 2023 2022 2021 U.S. dollars in thousands Cash paid for amounts included in the measurement of lease liabilities 443 250 106 Right-of-use assets obtained in exchange for new operating lease liabilities 108 319 1,496
SCHEDULE OF OTHER INFORMATION RELATED TO OPERATING LEASES	Other information related to operating leases were as follows : SCHEDULE OF OTHER INFORMATION RELATED TO OPERATING LEASES December 31, 2023 2022 Weighted-average remaining lease term 3.9 years 4.7 years Weighted-average discount rate 12.88 % 12.27 %
SCHEDULE OF PRESENT VALUE OF LEASE LIABILITIES	The table below presents value of lease liabilities of the company for the lease period (USD thousands): SCHEDULE OF PRESENT VALUE OF LEASE LIABILITIES December 31, 2024 415 2025 404 2026 390 2027 309 Total operating lease payments 1,518 Less: imputed interest (174 ) Present value of lease liabilities 1,344

SHARE BASED COMPENSATION (Table

SHARE BASED COMPENSATION (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
SCHEDULE OF EXERCISE PRICES AND REMAINING CONTRACTUAL LIVES OF OUTSTANDING OPTIONS	The following is information regarding exercise prices and remaining contractual lives of outstanding options as of June 30, 2024: SCHEDULE OF EXERCISE PRICES AND REMAINING CONTRACTUAL LIVES OF OUTSTANDING OPTIONS June 30, 2024 outstanding Exercisable Number of options outstanding Exercise price range (USD) Weighted average remaining contractual life Number of options Exercisable Exercise price range (USD) Weighted average remaining contractual life 40,654 3.22 9.1 - - - 37594 4.23 8.7 11,751 4.23 8.7 9,617 4.63 8.5 3,525 4.63 8.5 13,115 4.71 8.6 4,099 4.71 8.6 48,222 5.74 8.0 24,863 5.74 8.0 85,247 7.12 8.2 39,346 7.12 8.2 75,309 7.57 3.5 75,309 7.57 3.5 46,048 7.61 8.8 46,048 7.61 8.8 238,340 7.82 6.3 238,340 7.82 6.3 36,931 8.73 8.8 - - - 36,931 11.35 8.8 - - - 78,336 15.63 6.3 68,793 15.63 6.3 19,235 17.47 7.3 15,957 17.47 7.3 765,579 8.14 7.8 528,031 8.25 9.37	The following is information regarding exercise prices and remaining contractual lives of outstanding options at December 31, 2023: SCHEDULE OF EXERCISE PRICES AND REMAINING CONTRACTUAL LIVES OF OUTSTANDING OPTIONS December 31, 2023 Outstanding Exercisable Number of options outstanding Exercise price (USD) Weighted average remaining contractual life Number of options Exercisable Exercise price (USD) Weighted average remaining contractual life 49,400 3.32 9.6 - - - 39,782 4.35 9.2 - - - 9,618 4.80 8.9 2,077 4.80 8.9 13,115 4.92 9.1 - - - 59,482 5.95 8.5 19,809 5.95 8.5 96,177 7.43 8.7 28,416 7.43 8.7 46,050 7.89 9.3 - - - 46,050 9.04 9.3 - - - 46,050 11.78 9.3 - - - 22,733 18.07 7.8 13,989 18.07 7.8 428,457 7.55 8.9 64,291 9.15 8.2
SCHEDULE OF CHANGES IN FAIR VALUE OF OPTIONS	The table below sets forth a summary of changes in the fair value of the options: SCHEDULE OF CHANGES IN FAIR VALUE OF OPTIONS Number of options measured at fair value Fair value (U.S. Dollars in thousands) Balance as of December 31, 2023 405,714 232 Effect of change in exchange rate - (4 ) Changes in fair value - 74 Reclassification of liability classified share-based compensation awards to equity (401,794 ) (302 ) Balance as of June 30, 2024 - -	The table below sets forth a summary of changes in the fair value of the options: SCHEDULE OF CHANGES IN FAIR VALUE OF OPTIONS Number of options measured at fair value Fair value (U.S. Dollars in thousands) Balance at January 1, 2021 446,703 4,769 Effect of change in exchange rate - 112 Changes in fair value - (1,276 ) Reclassification of liability classified share-based compensation awards to equity (401,794 ) (302 ) Balance at December 31, 2021 446,703 3,605 Effect of change in exchange rate (315 ) Changes in fair value - (2,294 ) Balance at December 31, 2022 440,045 996 Effect of change in exchange rate (30 ) Changes in fair value - (734 ) Balance at December 31, 2023 405,714 232
SCHEDULE OF EXPENSE (INCOME) RECOGNIZED IN CONSOLIDATED FINANCIAL STATEMENTS	The table below presents the expense (income) recognized in the financial statements of the Company in respect to share-based payment: SCHEDULE OF EXPENSE (INCOME) RECOGNIZED IN CONSOLIDATED FINANCIAL STATEMENTS Six months ended June 30 2024 2023 Equity classified awards Liability classified awards Total expense Equity classified awards Liability classified awards Total expense Cost of revenue - - - (19 ) (5 ) (24 ) Research and development expenses (income) 67 41 108 103 (116 ) (13 ) Sales and marketing expenses (income) 51 20 71 46 (21 ) 25 General and Administrative expenses 72 13 85 150 3 153 190 74 264 280 (139 ) 141	The table below presents the expense (income) recognized in the financial statements of the Company in respect to share-based payment: SCHEDULE OF EXPENSE (INCOME) RECOGNIZED IN CONSOLIDATED FINANCIAL STATEMENTS Year ended December 31 2022 2021 Equity Liability Total Equity Liability Total Research and development expenses (income) 206 (1,426 ) (1,220 ) 7 (1,297 ) (1,290 ) Sales and marketing expenses (income) 59 (546 ) (487 ) 269 (459 ) (190 ) General and Administrative expenses (income) 278 (322 ) (44 ) 70 95 165 543 (2,294 ) (1,751 ) 346 (1,661 ) (1,315 ) ZOOZ POWER LTD. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) Year ended December 31 2023 Equity classified Liability Total Research and development expenses (income) 98 (440 ) (342 ) Sales and marketing expenses (income) 111 (171 ) (60 ) General and Administrative expenses (income) 294 (111 ) 183 503 (722 ) (219 )
Equity Classified Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
SCHEDULE OF FAIR VALUE ASSUMPTIONS	SCHEDULE OF FAIR VALUE ASSUMPTIONS June 30, December 31, Dividend yield 0 % 0 % Expected volatility* 55 89 % 74 76 % Risk-free interest rate 3.3 5.8 % 3.3 3.9 % Expected term (years) 2 7 4 7 Exercise price (USD) 3.32 15.45 3.32 11.78 * Volatility is based on the historical fluctuation in share prices of peer companies over similar periods to the expected life of the option until exercise date.	SCHEDULE OF FAIR VALUE ASSUMPTIONS 2023 2022 2021 Dividend yield 0% 0 0% Expected volatility 74% - 76% 52% - 76% 55% - 75% Risk-free interest rate 3.3% - 3.9% 2.4% - 3.1% 0.75% - 2% Expected term (years) 4 - 7 5 - 7 years 5 - 6 years Exercise price (USD) 3.32 - 11.78 4.92 - 7.55 5.15 - 21.16
SCHEDULE OF STOCK OPTIONS ACTIVITY	The following is summary information of equity classified options in 2023: SCHEDULE OF STOCK OPTIONS ACTIVITY Six months ended June 30, 2024 Weighted average exercise price Weighted average remaining contractual life Aggregate Intrinsic Number USD years Value Outstanding as of December 31, 2023 428,457 7.55 8.9 - Forfeited (64,672 ) 10.5 6.9 - Reclassification of liability classified 401,794 9.32 5.7 - Outstanding as of June 30, 2024 765,579 8.31 7.1 - Exercisable as of June 30, 2024 528,031 8.80 6.5 -	The following is summary information of equity classified options in 2023: SCHEDULE OF STOCK OPTIONS ACTIVITY Year ended December 31, 2023 Weighted average exercise price Weighted average remaining contractual life Aggregate Intrinsic Number USD Years Value Outstanding at beginning of year 298,955 8.46 9.4 - Expired (110,945 ) 16.81 - - Granted 240,447 5.60 9.3 - Forfeited (64,672 ) 10.5 6.9 - Reclassification of liability classified 401,794 9.32 5.7 - Outstanding at end of year 428,457 7.55 8.9 - Exercisable at end of year 64,291 9.15 8.2 -
Liability Classified Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
SCHEDULE OF FAIR VALUE ASSUMPTIONS	The following table summarizes assumptions used as of December 31, 2023: SCHEDULE OF FAIR VALUE ASSUMPTIONS December 31, Expected dividend 0 % Expected volatility 81.2 %- 90.9 % Risk-free interest rate 4.97 %- 5.35 % Expected life 2 - 4 Exercise price (USD) 4.57 - 15.67	The following table summarizes assumptions used as of December 31, 2023, 2022 and 2021: SCHEDULE OF FAIR VALUE ASSUMPTIONS 2023 2022 2021 Expected dividend 0% 0% 0% Expected volatility* 81.2% - 90.9% 79.6% - 95.7% 86.9% - 95% Risk-free interest rate 4.97% - 5.35% 4.68% - 5.27% 1.18% - 1.87% Expected life 2 - 4 1.5 - 5 2 - 5.9 Exercise price (USD) 4.57 - 15.67 4.57 - 15.67 4.57 - 15.67
SCHEDULE OF STOCK OPTIONS ACTIVITY		The following is summary information about liability classified options in 2023: SCHEDULE OF STOCK OPTIONS ACTIVITY Year ended December 31, 2023 Weighted Weighted Aggregate Number USD years Value Outstanding at beginning of year 440,045 8.46 6.3 - Expired (34,331 ) 7.66 - - Outstanding at end of year 405,714 9.72 6.2 - Exercisable at end of year 386,016 10.52 6.1 -
SCHEDULE OF EXERCISE PRICES AND REMAINING CONTRACTUAL LIVES OF OUTSTANDING OPTIONS		The following is information regarding exercise prices and remaining contractual lives of outstanding options at December 31, 2023: SCHEDULE OF EXERCISE PRICES AND REMAINING CONTRACTUAL LIVES OF OUTSTANDING OPTIONS December 31, 2023 outstanding Exercisable Number of Exercise price Weighted Number of Exercise price Weighted 78,110 7.55 4.1 78,110 7.55 4.1 239,009 7.78 6.8 239,009 7.78 6.8 78,795 15.67 6.9 59,097 15.67 6.9 9,800 25.62 0.4 78,110 25.62 0.4 405,714 9.72 6.2 386,016 10.52 6.1

TAXES ON INCOME (Tables)

TAXES ON INCOME (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
SCHEDULE OF DEFERRED TAX ASSETS	The Company’s deferred tax assets are as follows: SCHEDULE OF DEFERRED TAX ASSETS 2023 2022 December 31 2023 2022 U.S. dollars in thousands Deferred Tax assets: Net operating losses carryforward 8,053 5,882 Operating lease liabilities 309 362 Employee benefits 70 60 Inventory write off 291 - Research and development expenses 1,250 - Issuance costs 120 290 Total deferred tax assets 10,093 6,594 Less deferred tax liabilities (related to right of use assets) (301 ) (336 ) Deferred tax assets, net 9,792 6,258 Less valuation allowance for deferred tax assets (9,792 ) (6,258 ) Deferred tax assets - - December 31 2023 2022 U.S. dollars in thousands Valuation allowance at beginning of year (6,258 ) (4,739 ) Changes in valuation allowance (3,534 ) (1,519 ) Valuation allowance at end of year (9,792 ) (6,258 )

RELATED PARTIES TRANSACTIONS (T

RELATED PARTIES TRANSACTIONS (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Related Party Transactions [Abstract]
SCHEDULE OF RELATED PARTIES TRANSACTIONS	SCHEDULE OF RELATED PARTIES TRANSACTIONS Six months ended June 30 2024 2023 U.S. dollars Balances With Related Parties: Promissory note 2,069 - Transactions with Related Parties: Finance expenses: Interest expense related to Promissory note 39 - Share based compensation Research and development income, net 20 (22 ) General and administrative expenses 81 95	SCHEDULE OF RELATED PARTIES TRANSACTIONS 2023 2022 2021 Year ended December 31 2023 2022 2021 U.S. dollars in thousands Share based compensation expenses : Research and development income, net (163 ) (529 ) (459 ) General and administrative expenses 76 19 399

RESEARCH AND DEVELOPMENT EXPE_2

RESEARCH AND DEVELOPMENT EXPENSES, NET (Tables)	12 Months Ended
	Dec. 31, 2023
Research and Development [Abstract]
SCHEDULE OF RESEARCH AND DEVELOPMENT EXPENSES NET	SCHEDULE OF RESEARCH AND DEVELOPMENT EXPENSES NET 2023 2022 2021 Year ended December 31 2023 2022 2021 U.S. dollars in thousands Payroll and related expenses 3,308 1,824 507 Subcontractors 697 1,212 625 Materials 388 945 301 Operating lease expenses 208 189 47 Depreciation 211 130 44 Maintenance 223 136 174 Other 298 86 14 Research and development expenses gross 5,333 4,522 1,712 Less – grants from governments and others (118 ) (359 ) (189 ) Research and development expenses, net 5,215 4,163 1,523

FINANCE INCOME EXPENSES (EXPE_2

FINANCE INCOME EXPENSES (EXPENSE), NET (Tables)	12 Months Ended
	Dec. 31, 2023
Other Income and Expenses [Abstract]
SCHEDULE OF FINANCE INCOME EXPENSES NET	SCHEDULE OF FINANCE INCOME EXPENSES NET 2023 2022 2021 Year ended December 31 2023 2022 2021 U.S. dollars in thousands Interest on deposits 265 108 - Foreign exchange losses (gain), net 206 279 (34 ) Bank fees (15 ) (10 ) (9 ) Finance income (expenses), net 456 377 (43 )

WARRANTS LIABILTY (Tables)

WARRANTS LIABILTY (Tables)	6 Months Ended
	Jun. 30, 2024
Warrants Liabilty
SUMMARY OF THE CHANGES IN THE FAIR VALUE OF THE WARRANTS LIABILITY	The table below sets forth a summary of the changes in the fair value of the warrants liability classified as Level 1: SUMMARY OF THE CHANGES IN THE FAIR VALUE OF THE WARRANTS LIABILITY June 30, 2024 U.S. dollars Balance as of December 31, 2023 - Initial recognition 306 Changes in fair value (125 ) Balance as of June 30, 2024 181

GENERAL (Details Narrative)

GENERAL (Details Narrative) $ / shares in Units, ₪ in Millions

3 Months Ended

6 Months Ended

12 Months Ended

Apr. 30, 2024 USD ($) $ / shares shares

Apr. 04, 2024 USD ($)

Apr. 04, 2024 USD ($)

Mar. 21, 2024

Feb. 09, 2024 USD ($) $ / shares shares

Feb. 05, 2013 Integer

Mar. 31, 2022 USD ($)

Mar. 31, 2022 ILS (₪)

Jun. 30, 2024 USD ($)

Jun. 30, 2023 USD ($)

Dec. 31, 2023 USD ($)

Dec. 31, 2022 USD ($)

Dec. 31, 2021 USD ($)

Dec. 31, 2021 ILS (₪)

Jul. 30, 2023

Jul. 31, 2019 $ / shares

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Number of operating segments | Integer

1

Stockholders equity reverse stock split

the extraordinary general meeting of the Company’s shareholders approved a reverse share split of the Company’s ordinary Shares, effective as of March 25, 2024, at a conversion ratio of 11.43720665

Exercise price of warrants | $ / shares

$ 11.5

Net loss

$ 5,237,000

$ 5,402,000

$ 11,755,000

$ 7,825,000

$ 4,581,000

Cash flows from operating activities

$ 6,040,000

$ 5,808,000

$ 12,232,000

$ 10,547,000

6,085,000

Issuance cost

$ 1,700,000

₪ 5.7

$ 600,000

₪ 1.9

Keyarch Global Sponsor Limited [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Principal amount

$ 2,030,000

$ 2,030,000

Maturity date

Apr. 04, 2026

Interest rate

8%

8%

Early Bird Capital Inc [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Principal amount

$ 840,000

$ 840,000

Maturity date

Apr. 04, 2026

Interest rate

8%

8%

Interest rate increases

15%

Subsequent Event [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Stockholders equity reverse stock split

the extraordinary general meeting of the Company’s shareholders approved a reverse share split of the Company’s ordinary Shares, effective as of March 25, 2024, at a conversion ratio of 11.43720665

Business Combination Agreement [Member] | Subsequent Event [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Payments to Acquire Businesses, Gross

$ 10,000,000

Business Combination Agreement [Member] | Keyarch Acquisition Corporation [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Business combination description

The Company’s shareholders prior to the closing are entitled to additional contingent consideration of up to 4 million ordinary shares upon the Company’s achievement of the applicable earnout milestones (hereinafter - “the Earnout Rights”) (based on share price) as set forth in the Business Combination Agreement, in the form of non-tradable, non-assignable rights, that were issued by the Company pro rata to the Pre-Closing company Shareholders on April 4, 2024. The Earnout Rights may be converted into ZOOZ ordinary shares within 5 years from the lapse of the first quarter following the Closing Upon meeting the applicable milestones.

Subscription Agreements [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Number of purchase of shares | shares

1,300,000

Share price | $ / shares

$ 10

Gross proceeds from purchase of shares

$ 13,000,000

Subscription Agreements [Member] | Subsequent Event [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Number of purchase of shares | shares

1,300,000

Share price | $ / shares

$ 10

Gross proceeds from purchase of shares

$ 13,000,000

Business Combination Agreements [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Exercise price of warrants | $ / shares

$ 1.18961

Warrants | shares

6,022,050

Fair value of warrants

$ 300,000

Warrants

10,875,000

$ 10,875,000

Issuance cost

$ 148,000

Business Combination Agreements [Member] | Subsequent Event [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Exercise price of warrants | $ / shares

$ 1.18961

Escrow Agreement [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Earnout shares description

exceeds $12, for any twenty (20) trading days within any thirty (30) consecutive trading day period during such period, then 1 million Earnout Shares will be issuable (constituting 25% of the Earnout Shares). In addition, in the event the VWAP exceeds $16 for the Trading Period, then 1,400,000 Earnout Shares are issuable (constituting 35% of the Earnout Shares), and additionally, in the event VWAP exceeds $23 for the Trading Period, then 1,600,000 Earnout Shares are issuable (constituting 40% of the Earnout Shares) as set forth in the Business Combination Agreement, in the form of non-tradable, non-assignable rights, that were issued by the Company pro rata to the Pre-Closing Company Shareholders on April 4, 2024. The earnout are indexed to the Company’s own stock and, accordingly, the earnout is now classified within equity

Keyarch Acquisition Corporation [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Ownership percentage

100%

SCHEDULE OF PROPERTY AND EQUIPM

SCHEDULE OF PROPERTY AND EQUIPMENT ANNUAL RATES (Details)	Dec. 31, 2023
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment depriciation percentage	33%
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment depriciation percentage	7%
Machinery and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment depriciation percentage	15%
Machinery and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment depriciation percentage	33%
Energy Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment depriciation percentage	20%
Leasehold Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment depriciation percentage	21%
Leasehold Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment depriciation percentage	26%

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Exchange rates	3.63	3.52
Severance pay expenses | $	$ 375	$ 253	$ 181
Share-Based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	834,172	711,539
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	39,710	39,710

SCHEDULE OF RECONCILIATION OF C

SCHEDULE OF RECONCILIATION OF CASH EQUIVALENTS AND RESTRICTED BANK DEPOSITS (Details) - USD ($) $ in Thousands		Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash and Cash Equivalents [Abstract]
Cash			$ 6,672	$ 20,569
Restricted deposits	[1]			224
Total cash and cash equivalents and restricted bank deposits shown in the statement of cash flows		$ 7,940	6,672	20,793
Cash and cash equivalents		7,721	6,672	$ 20,569
Restricted bank deposits		$ 219
[1]As of December 31, 2022, the Company’s restricted deposits consisted of bank deposits that were denominated in New Israeli Shekel. Restricted deposits are presented at cost including accrued interest. These bank deposits are used as security for collateralizing the Company’s lease contracts.

SCHEDULE OF PREPAID EXPENSES AN

SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid expenses	$ 838	$ 203	$ 66
Institutions		117	216
Advances to suppliers		304	16
Other		128	299
Total		$ 752	$ 597

SCHEDULE OF INVENTORY (Details)

SCHEDULE OF INVENTORY (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Raw materials	$ 882	$ 955	$ 558
Work in process	518	425	904
Finished goods	1,070	1,468	305
Total	$ 2,470	$ 2,848	$ 1,767

INVENTORY (Details Narrative)

INVENTORY (Details Narrative) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Inventory [Line Items]
Inventory write off	$ 185	$ 1,123	$ 178
Raw Materials [Member]
Inventory [Line Items]
Inventory write off		$ 144

SCHEDULE OF PROPERTY AND EQUI_2

SCHEDULE OF PROPERTY AND EQUIPMENT (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property plant and equipment gross		$ 2,184	$ 1,080
Accumulated depreciation:		(591)	(357)
Depreciated cost	$ 1,411	1,593	723
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross		254	115
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross		170	163
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross		652	550
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross		264	252
Energy Equipment [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross		$ 844

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Depreciation	$ 239	$ 131	$ 44

SCHEDULE OF OTHER PAYABLES AND

SCHEDULE OF OTHER PAYABLES AND ACCRUED EXPENSES (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Payables and Accruals [Abstract]
Accrued expenses	$ 498	$ 975	$ 252
Grants in advance	368	268	90
Others	46	144	10
Other payables and accrued expenses	$ 912	$ 1,387	$ 352

SCHEDULE OF OPERATING LEASE COS

SCHEDULE OF OPERATING LEASE COST (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating Leases
Operating lease cost	$ 781	$ 760	$ 209
Short term lease costs	18	14
Total lease costs	$ 799	$ 774	$ 209

SCHEDULE OF CASH FLOW AND OTHER

SCHEDULE OF CASH FLOW AND OTHER INFORMATION RELATED TO OPERATING LEASES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating Leases
Cash paid for amounts included in the measurement of lease liabilities	$ 443	$ 250	$ 106
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 108	$ 319	$ 1,496

SCHEDULE OF OTHER INFORMATION R

SCHEDULE OF OTHER INFORMATION RELATED TO OPERATING LEASES (Details)	Dec. 31, 2023	Dec. 31, 2022
Operating Leases
Weighted-average remaining lease term	3 years 10 months 24 days	4 years 8 months 12 days
Weighted-average discount rate	12.88%	12.27%

SCHEDULE OF PRESENT VALUE OF LE

SCHEDULE OF PRESENT VALUE OF LEASE LIABILITIES (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Operating Leases
2024	$ 415
2025	404
2026	390
2027	309
Total operating lease payments	1,518
Less: imputed interest	(174)
Present value of lease liabilities	$ 1,344

OPERATING LEASES (Details Narra

OPERATING LEASES (Details Narrative)	12 Months Ended
	Dec. 31, 2023
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Parking spaces lease period	12 months
Lease Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Lessee, operating lease, term of contract	3 years
Annual rental payments increase percentage	3%

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Loss Contingencies [Line Items]
Contingency liability	$ 2,300,000		$ 2,000,000	$ 1,300,000
Contingent received			$ 300,000	0	$ 100,000
Royalty interest rate description			The Company is committed to pay royalties to the Israeli Government at a rate of 3% to 5% of the sales of its product, up to 100% of the amount of the grants received plus Annual Interest for a File, as such term is defined under the IIA’s rules and guidelines
Development costs			50%
Contingent of amount other receivables				300,000
Inventory purchase commitment loss			$ 23,000
Contingent research and development	18,000	$ 70,000	$ 382,000	359,000	189,000
Payment of royalty percentage sales			50%
Payment of royalty percentage agreement sales			5%
Payment of grant amount interest			40%
Collaborative grants payment			$ 300,000
Payments for fund			900,000
Collaborative assets acquisition			$ 500,000
Sales and marketing expenses	180,000				269,000
BIRD Foundation [Member]
Loss Contingencies [Line Items]
Development costs			50%
Contingent received			$ 100,000	$ 100,000	$ 200,000
Royalty interest rate description			The Company is committed to pay royalties to BIRD at a rate of 5% of the sales of its product, up to 100% of the amount of the grants received if full repayment made by April 1, 2024, 113% if full repayment is made by April 2025, 125% if full repayment is made by April 2026, 138% if full repayment is made by April 2027, and 150% if full repayment is made after April 2027
B I R D Foundation And New York Power Authority [Member]
Loss Contingencies [Line Items]
Grants received	278,000
Israel Innovation Authority And Other Governmental Institutions [Member]
Loss Contingencies [Line Items]
Payments for royalties	$ 59,000
Minimum [Member]
Loss Contingencies [Line Items]
Royalties percentage			11%
Payment of royalty percentage sales			1.50%
Maximum [Member]
Loss Contingencies [Line Items]
Royalties percentage			16%
Payment of royalty percentage sales			2%

EQUITY (Details Narrative)

EQUITY (Details Narrative) ₪ / shares in Units, $ / shares in Units, $ in Thousands, ₪ in Millions			3 Months Ended				6 Months Ended	12 Months Ended
	Mar. 31, 2024 ₪ / shares shares	Feb. 18, 2021 shares	Mar. 31, 2022 USD ($) $ / shares shares	Mar. 31, 2022 ILS (₪) shares	Mar. 31, 2021 $ / shares shares	Mar. 31, 2021 ₪ / shares shares	Jun. 30, 2024 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2021 ILS (₪)	Feb. 28, 2021 shares
Subsidiary, Sale of Stock [Line Items]
Stock issued during period, shares, reverse stock splits	11.4372
Sale of stock, price per share | ₪ / shares	₪ 0.00286
Convertible preferred stock, shares issued upon conversion											467,571
Shares issued			42,735								1,565,000
Marketing expense | $							$ 180		$ 269
Business acquisition description			the Company completed a financing round through a private placement and a public offering. As part of the public offering, the Company issued	the Company completed a financing round through a private placement and a public offering. As part of the public offering, the Company issued	the Company completed an IPO of its securities on the TASE and issued to the public	the Company completed an IPO of its securities on the TASE and issued to the public
Stock issued during period, shares, new issues					33,754	33,754
Stock option exercise price | $ / shares			$ 9.1
Payments of stock issuance costs								$ 1,700	8,400	₪ 27.4
Payments of debt issuance costs			$ 1,700	₪ 5.7					600	₪ 1.9
Shares issued price per share | $ / shares			$ 8.74
Stock issued during period, shares, issued for services			8.74	8.74
Proceeds from issuance or sale of equity			$ 29,000	₪ 96
Stock issued during period, value, new issues				₪ 0.5			$ 7,555	$ 27,870	7,645
Option One [Member]
Subsidiary, Sale of Stock [Line Items]
Stock option exercise price | (per share)					$ 29.7	₪ 92.9
Option Two [Member]
Subsidiary, Sale of Stock [Line Items]
Stock option exercise price | (per share)					$ 44.6	₪ 139.5
Series Three [Member]
Subsidiary, Sale of Stock [Line Items]
Shares issued price per share | $ / shares			$ 5.68
IPO [Member]
Subsidiary, Sale of Stock [Line Items]
Warrants granted for acquisition of ordinary shares		6,230
Description of transaction		the Company, exercisable for a price per share at 120% of a the share price that would be determined at the IPO and for a period of five years
Payments of stock issuance costs | $									$ 600
Private Placement [Member]
Subsidiary, Sale of Stock [Line Items]
Shares issued			352,276
Minimum [Member]
Subsidiary, Sale of Stock [Line Items]
Convertible preferred stock, shares issued upon conversion	18,881,400
Maximum [Member]
Subsidiary, Sale of Stock [Line Items]
Convertible preferred stock, shares issued upon conversion	1,650,875

SCHEDULE OF FAIR VALUE ASSUMPTI

SCHEDULE OF FAIR VALUE ASSUMPTIONS (Details) - $ / shares	6 Months Ended		12 Months Ended
	Jun. 30, 2024		Dec. 31, 2023		Dec. 31, 2022	Dec. 31, 2021
Equity Classified Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Dividend yield	0%		0%		0%	0%
Expected volatility minimum	55%	[1]	74%	[1]	52%	55%
Expected volatility maximum	89%	[1]	76%	[1]	76%	75%
Risk-free interest rate minimum	3.30%		3.30%		2.40%	0.75%
Risk-free interest rate maximum	5.80%		3.90%		3.10%	2%
Equity Classified Awards [Member] | Minimum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expected term (years)	2 years		4 years		5 years
Exercise price (USD)	$ 0.0332		$ 0.0332		$ 0.0492	$ 0.0515
Equity Classified Awards [Member] | Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expected term (years)	7 years		7 years		7 years	6 years
Exercise price (USD)	$ 0.1545		$ 0.1178		$ 0.0755	$ 0.2116
Liability Classified Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Dividend yield			0%		0%	0%
Expected volatility minimum			81.20%		79.60%	86.90%
Expected volatility maximum			90.90%		95.70%	95%
Risk-free interest rate minimum			4.97%		4.68%	1.18%
Risk-free interest rate maximum			5.35%		5.27%	1.87%
Liability Classified Awards [Member] | Minimum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expected term (years)			2 years		1 year 6 months	2 years
Exercise price (USD)			$ 0.0457		$ 0.0457	$ 0.0457
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate			81.20%
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate			4.97%
Liability Classified Awards [Member] | Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expected term (years)			4 years		5 years	5 years 10 months 24 days
Exercise price (USD)			$ 0.1567		$ 0.1567	$ 0.1567
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Weighted Average Volatility Rate			90.90%
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate			5.35%
[1]Volatility is based on the historical fluctuation in share prices of peer companies over similar periods to the expected life of the option until exercise date.

SCHEDULE OF STOCK OPTIONS ACTIV

SCHEDULE OF STOCK OPTIONS ACTIVITY (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Equity Classified Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options, Outstanding	428,457	298,955
Weighted average exercise price, Outstanding	$ 7.55	$ 8.46
Weighted average remaining contractual life, Outstanding	7 years 1 month 6 days	8 years 10 months 24 days	9 years 4 months 24 days
Aggregate Intrinsic Value, Outstanding
Number of options, Expired		(110,945)
Weighted average exercise price, Expired		$ 16.81
Number of options, Granted		240,447
Weighted average exercise price, Granted		$ 5.60
Weighted average remaining contractual life, Granted		9 years 3 months 18 days
Number of options, Forfeited	(64,672)
Weighted average exercise price, Forfeited	$ 10.5
Weighted average remaining contractual life, Forfeited	6 years 10 months 24 days
Number of options, Reclassification of liability classified	401,794
Weighted average exercise price, Reclassification of liability classified	$ 9.32
Weighted average remaining contractual life, Reclassification of liability classified	5 years 8 months 12 days
Number of options, Outstanding	765,579	428,457	298,955
Weighted average exercise price, Outstanding	$ 8.31	$ 7.55	$ 8.46
Aggregate Intrinsic Value, Outstanding
Number of options, Exercisable	528,031	64,291
Weighted average exercise price, Exercisable	$ 8.80	$ 9.15
Weighted average remaining contractual life, Exercisable	6 years 6 months	8 years 2 months 12 days
Aggregate Intrinsic Value, Exercisable
Liability Classified Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options, Outstanding	405,714	440,045	446,703
Weighted average exercise price, Outstanding	$ 9.72	$ 8.46
Weighted average remaining contractual life, Outstanding		6 years 2 months 12 days	6 years 3 months 18 days
Aggregate Intrinsic Value, Outstanding
Number of options, Expired		(34,331)
Weighted average exercise price, Expired		$ 7.66
Number of options, Outstanding		405,714	440,045
Weighted average exercise price, Outstanding		$ 9.72	$ 8.46
Aggregate Intrinsic Value, Outstanding
Number of options, Exercisable		386,016
Weighted average exercise price, Exercisable		$ 10.52
Weighted average remaining contractual life, Exercisable		6 years 1 month 6 days
Aggregate Intrinsic Value, Exercisable

SCHEDULE OF EXERCISE PRICES AND

SCHEDULE OF EXERCISE PRICES AND REMAINING CONTRACTUAL LIVES OF OUTSTANDING OPTIONS (Details) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Equity Classified Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding	765,579	428,457
Exercise price outstanding	$ 8.14	$ 7.55
Weighted average remaining contractual life outstanding	7 years 9 months 18 days	8 years 10 months 24 days
Number of options Exercisable	528,031	64,291
Exercise price Exercisable	$ 8.25	$ 9.15
Weighted average remaining contractual life Exercisable	9 years 4 months 13 days	8 years 2 months 12 days
Equity Classified Awards [Member] | Exercise Price One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding	40,654	49,400
Exercise price outstanding	$ 3.22	$ 3.32
Weighted average remaining contractual life outstanding	9 years 1 month 6 days	9 years 7 months 6 days
Number of options Exercisable
Exercise price Exercisable
Equity Classified Awards [Member] | Exercise Price Two [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding	37,594	39,782
Exercise price outstanding	$ 4.23	$ 4.35
Weighted average remaining contractual life outstanding	8 years 8 months 12 days	9 years 2 months 12 days
Number of options Exercisable	11,751
Exercise price Exercisable	$ 4.23
Weighted average remaining contractual life Exercisable	8 years 8 months 12 days
Equity Classified Awards [Member] | Exercise Price Three [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding	9,617	9,618
Exercise price outstanding	$ 4.63	$ 4.80
Weighted average remaining contractual life outstanding	8 years 6 months	8 years 10 months 24 days
Number of options Exercisable	3,525	2,077
Exercise price Exercisable	$ 4.63	$ 4.80
Weighted average remaining contractual life Exercisable	8 years 6 months	8 years 10 months 24 days
Equity Classified Awards [Member] | Exercise Price Four [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding	13,115	13,115
Exercise price outstanding	$ 4.71	$ 4.92
Weighted average remaining contractual life outstanding	8 years 7 months 6 days	9 years 1 month 6 days
Number of options Exercisable	4,099
Exercise price Exercisable	$ 4.71
Weighted average remaining contractual life Exercisable	8 years 7 months 6 days
Equity Classified Awards [Member] | Exercise Price Five [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding	48,222	59,482
Exercise price outstanding	$ 5.74	$ 5.95
Weighted average remaining contractual life outstanding	8 years	8 years 6 months
Number of options Exercisable	24,863	19,809
Exercise price Exercisable	$ 5.74	$ 5.95
Weighted average remaining contractual life Exercisable	8 years	8 years 6 months
Equity Classified Awards [Member] | Exercise Price Six [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding	85,247	96,177
Exercise price outstanding	$ 7.12	$ 7.43
Weighted average remaining contractual life outstanding	8 years 2 months 12 days	8 years 8 months 12 days
Number of options Exercisable	39,346	28,416
Exercise price Exercisable	$ 7.12	$ 7.43
Weighted average remaining contractual life Exercisable	8 years 2 months 12 days	8 years 8 months 12 days
Equity Classified Awards [Member] | Exercise Price Seven [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding	75,309	46,050
Exercise price outstanding	$ 7.57	$ 7.89
Weighted average remaining contractual life outstanding	3 years 6 months	9 years 3 months 18 days
Number of options Exercisable	75,309
Exercise price Exercisable	$ 7.57
Weighted average remaining contractual life Exercisable	3 years 6 months
Equity Classified Awards [Member] | Exercise Price Eight [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding	46,048	46,050
Exercise price outstanding	$ 7.61	$ 9.04
Weighted average remaining contractual life outstanding	8 years 9 months 18 days	9 years 3 months 18 days
Number of options Exercisable	46,048
Exercise price Exercisable	$ 7.61
Weighted average remaining contractual life Exercisable	8 years 9 months 18 days
Equity Classified Awards [Member] | Exercise Price Nine [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding	238,340	46,050
Exercise price outstanding	$ 7.82	$ 11.78
Weighted average remaining contractual life outstanding	6 years 3 months 18 days	9 years 3 months 18 days
Number of options Exercisable	238,340
Exercise price Exercisable	$ 7.82
Weighted average remaining contractual life Exercisable	6 years 3 months 18 days
Equity Classified Awards [Member] | Exercise Price Ten [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding	36,931	22,733
Exercise price outstanding	$ 8.73	$ 18.07
Weighted average remaining contractual life outstanding	8 years 9 months 18 days	7 years 9 months 18 days
Number of options Exercisable		13,989
Exercise price Exercisable		$ 18.07
Weighted average remaining contractual life Exercisable		7 years 9 months 18 days
Equity Classified Awards [Member] | Exercise Price Eleven [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding	36,931
Exercise price outstanding	$ 11.35
Weighted average remaining contractual life outstanding	8 years 9 months 18 days
Number of options Exercisable
Exercise price Exercisable
Equity Classified Awards [Member] | Exercise Price Twelve [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding	78,336
Exercise price outstanding	$ 15.63
Weighted average remaining contractual life outstanding	6 years 3 months 18 days
Number of options Exercisable	68,793
Exercise price Exercisable	$ 15.63
Weighted average remaining contractual life Exercisable	6 years 3 months 18 days
Equity Classified Awards [Member] | Exercise Price Thirteen [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding	19,235
Exercise price outstanding	$ 17.47
Weighted average remaining contractual life outstanding	7 years 3 months 18 days
Number of options Exercisable	15,957
Exercise price Exercisable	$ 17.47
Weighted average remaining contractual life Exercisable	7 years 3 months 18 days
Liability Classified Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding		405,714
Exercise price outstanding		$ 9.72
Weighted average remaining contractual life outstanding		6 years 2 months 12 days
Number of options Exercisable		386,016
Exercise price Exercisable		$ 10.52
Weighted average remaining contractual life Exercisable		6 years 1 month 6 days
Liability Classified Awards [Member] | Exercise Price One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding		78,110
Exercise price outstanding		$ 7.55
Weighted average remaining contractual life outstanding		4 years 1 month 6 days
Number of options Exercisable		78,110
Exercise price Exercisable		$ 7.55
Weighted average remaining contractual life Exercisable		4 years 1 month 6 days
Liability Classified Awards [Member] | Exercise Price Two [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding		239,009
Exercise price outstanding		$ 7.78
Weighted average remaining contractual life outstanding		6 years 9 months 18 days
Number of options Exercisable		239,009
Exercise price Exercisable		$ 7.78
Weighted average remaining contractual life Exercisable		6 years 9 months 18 days
Liability Classified Awards [Member] | Exercise Price Three [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding		78,795
Exercise price outstanding		$ 15.67
Weighted average remaining contractual life outstanding		6 years 10 months 24 days
Number of options Exercisable		59,097
Exercise price Exercisable		$ 15.67
Weighted average remaining contractual life Exercisable		6 years 10 months 24 days
Liability Classified Awards [Member] | Exercise Price Four [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options outstanding		9,800
Exercise price outstanding		$ 25.62
Weighted average remaining contractual life outstanding		4 months 24 days
Number of options Exercisable		78,110
Exercise price Exercisable		$ 25.62
Weighted average remaining contractual life Exercisable		4 months 24 days

SCHEDULE OF CHANGES IN FAIR VAL

SCHEDULE OF CHANGES IN FAIR VALUE OF OPTIONS (Details) - Liability Classified Awards [Member] - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options, Outstanding	405,714	440,045	446,703	446,703
Fair value, Outstanding	$ 232	$ 996	$ 3,605	$ 4,769
Number of options, Effect of change in exchange rate
Fair value, Effect of change in exchange rate	$ (4)	$ (30)	$ (315)	$ 112
Number of options, Changes in fair value
Fair value, Changes in fair value	$ 74	$ (734)	$ (2,294)	$ (1,276)
Number of options, Reclassification of liability classified share-based compensation awards to equity	(401,794)
Fair value, Reclassification of liability classified share-based compensation awards to equity	$ (302)
Number of options, Outstanding		405,714	440,045	446,703
Fair value, Outstanding		$ 232	$ 996	$ 3,605

SCHEDULE OF EXPENSE (INCOME) RE

SCHEDULE OF EXPENSE (INCOME) RECOGNIZED IN CONSOLIDATED FINANCIAL STATEMENTS (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense	$ 264	$ 141	$ (219)	$ (1,751)	$ (1,315)
Research and Development Expense [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense	108	(13)	(342)	(1,220)	(1,290)
Selling and Marketing Expense [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense	71	25	(60)	(487)	(190)
General and Administrative Expense [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense	85	153	183	(44)	165
Cost of Sales [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense		(24)
Equity Classified Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense	190	280	503	543	346
Equity Classified Awards [Member] | Research and Development Expense [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense	67	103	98	206	7
Equity Classified Awards [Member] | Selling and Marketing Expense [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense	51	46	111	59	269
Equity Classified Awards [Member] | General and Administrative Expense [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense	72	150	294	278	70
Equity Classified Awards [Member] | Cost of Sales [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense		(19)
Liability Classified Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense	74	(139)	(722)	(2,294)	(1,661)
Liability Classified Awards [Member] | Research and Development Expense [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense	41	(116)	(440)	(1,426)	(1,297)
Liability Classified Awards [Member] | Selling and Marketing Expense [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense	20	(21)	(171)	(546)	(459)
Liability Classified Awards [Member] | General and Administrative Expense [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense	13	3	$ (111)	$ (322)	$ 95
Liability Classified Awards [Member] | Cost of Sales [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense		$ (5)

SHARE BASED COMPENSATION (Detai

SHARE BASED COMPENSATION (Details Narrative) $ / shares in Units, $ in Thousands	1 Months Ended									6 Months Ended	12 Months Ended
	Aug. 31, 2023 ₪ / shares shares	Apr. 30, 2023 ₪ / shares shares	Mar. 31, 2023 ₪ / shares shares	Feb. 28, 2023 ₪ / shares shares	Dec. 31, 2022 ₪ / shares shares	Oct. 31, 2022 ₪ / shares shares	Aug. 31, 2022 ₪ / shares shares	Jul. 31, 2022 ₪ / shares shares	Nov. 30, 2021 ₪ / shares shares	Jun. 30, 2024 USD ($) shares	Dec. 31, 2023 USD ($) $ / shares shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Options vested | shares											386,016
Equity Classified Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted | shares											240,447
Number of options forfeitures | shares										64,672
Weighted average grant date fair value | $ / shares											$ 1.73
Unrecognized share-based compensation expense | $										$ 223	$ 441
Recognized average remaining vesting period										2 years 3 months 3 days	2 years 6 months
Liability Classified Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unrecognized share-based compensation expense | $											$ 1
Recognized average remaining vesting period											10 months 24 days
Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted | shares									13,989
Weighted average exercise price									₪ 65.6
Number of options forfeitures | shares									78,621
Employees Or Officers [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted | shares									13,989
Weighted average exercise price									₪ 65.6
Share-Based Payment Arrangement, Nonemployee [Member] | Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted | shares									78,621
Weighted average exercise price									₪ 74.8
Share-Based Payment Arrangement, Employee [Member] | Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted | shares		90,275				26,230	52,460	17,486
Weighted average exercise price						₪ 26.8	₪ 26.8	₪ 26.8
Share-based payment award, award vesting period		3 years
Share-based payment award, award vesting rights, percentage		33%
Share-Based Payment Arrangement, Employee [Member] | Officer [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Weighted average exercise price		₪ 28.6
Share-Based Payment Arrangement, Employee [Member] | Officer [Member] | Share-Based Payment Arrangement, Tranche Two [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Weighted average exercise price		32
Share-Based Payment Arrangement, Employee [Member] | Officer [Member] | Share-Based Payment Arrangement, Tranche Three [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Weighted average exercise price		₪ 42.7
Share-Based Payment Arrangement, Employee [Member] | Employees Or Officers [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted | shares					13,989			82,187
Weighted average exercise price					₪ 17.4			₪ 21.6
Share-Based Payment Arrangement, Employee [Member] | Employees [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted | shares	49,400		39,782	13,115
Weighted average exercise price	₪ 12.1		₪ 15.9	₪ 17.7
Share-Based Payment Arrangement, Employee [Member] | Two Directors [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options granted | shares		47,873
Share-based payment award, award vesting period		3 years
Share-based payment award, award vesting rights, percentage		33%
Share-Based Payment Arrangement, Employee [Member] | Two Directors [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Weighted average exercise price		₪ 28.6
Share-Based Payment Arrangement, Employee [Member] | Two Directors [Member] | Share-Based Payment Arrangement, Tranche Two [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Weighted average exercise price		32
Share-Based Payment Arrangement, Employee [Member] | Two Directors [Member] | Share-Based Payment Arrangement, Tranche Three [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Weighted average exercise price		₪ 42.7
Two Thousand Fifteen Incentive Compensation Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment award, terms of award											The vesting period, unless the Company’s Board of Directors determines otherwise in respect to any specific grantee is (1) 25% of options would vest after twelve consecutive months of services by the grantee since the date of grant; (2) 6.25% of options would vest after every three (3) additional months of consecutive service by the grantee, until 100% of the options vest, after four (4) years after grant date.
Share-based payment award, expiration period											10 years

SCHEDULE OF DEFERRED TAX ASSETS

SCHEDULE OF DEFERRED TAX ASSETS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Net operating losses carryforward	$ 8,053	$ 5,882
Operating lease liabilities	309	362
Employee benefits	70	60
Inventory write off	291
Research and development expenses	1,250
Issuance costs	120	290
Total deferred tax assets	10,093	6,594
Less deferred tax liabilities (related to right of use assets)	(301)	(336)
Deferred tax assets, net	9,792	6,258
Less valuation allowance for deferred tax assets	(9,792)	(6,258)
Deferred tax assets
Valuation allowance at beginning of year	(6,258)	(4,739)
Changes in valuation allowance	(3,534)	(1,519)
Valuation allowance at end of year	$ (9,792)	$ (6,258)

TAXES ON INCOME (Details Narrat

TAXES ON INCOME (Details Narrative) ₪ in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 ILS (₪)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 ILS (₪)
Deferred tax rate	23%
Carryforward losses	$ 35	₪ 127	$ 26	₪ 90
ISRAEL
Corporate tax rate	23%

SCHEDULE OF RELATED PARTIES TRA

SCHEDULE OF RELATED PARTIES TRANSACTIONS (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
General and administrative expenses	$ 264	$ 141	$ (219)	$ (1,751)	$ (1,315)
Related Party [Member]
Related Party Transaction [Line Items]
Interest expense related to Promissory note	39
Related Party [Member]
Related Party Transaction [Line Items]
Balances With Related Parties - Promissory note	2,069
Research and Development Expense [Member]
Related Party Transaction [Line Items]
General and administrative expenses	20	(22)	(163)	(529)	(459)
General and Administrative Expense [Member]
Related Party Transaction [Line Items]
General and administrative expenses	$ (81)	$ (95)	$ (76)	$ (19)	$ (399)

SCHEDULE OF RESEARCH AND DEVELO

SCHEDULE OF RESEARCH AND DEVELOPMENT EXPENSES NET (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Depreciation			$ 239	$ 131	$ 44
Research and development expenses, net	$ 2,429	$ 2,652	5,215	4,163	1,523
Research and Development Expense [Member]
Payroll and related expenses			3,308	1,824	507
Subcontractors			697	1,212	625
Materials			388	945	301
Operating lease expenses			208	189	47
Depreciation			211	130	44
Maintenance			223	136	174
Other			298	86	14
Research and development expenses gross			5,333	4,522	1,712
Less – grants from governments and others			(118)	(359)	(189)
Research and development expenses, net			$ 5,215	$ 4,163	$ 1,523

SCHEDULE OF FINANCE INCOME EXPE

SCHEDULE OF FINANCE INCOME EXPENSES NET (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other Income and Expenses [Abstract]
Interest on deposits			$ 265	$ 108
Foreign exchange losses (gain), net			206	279	(34)
Bank fees			(15)	(10)	(9)
Finance income (expenses), net	$ 22	$ 306	$ 456	$ 377	$ (43)

SUMMARY OF THE CHANGES IN THE F

SUMMARY OF THE CHANGES IN THE FAIR VALUE OF THE WARRANTS LIABILITY (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Warrants Liabilty
Balance as of December 31, 2023
Initial recognition	306
Changes in fair value	(125)
Balance as of June 30, 2024	$ 181

WARRANTS LIABILTY (Details Narr

WARRANTS LIABILTY (Details Narrative) - $ / shares	Jun. 01, 2024	Jul. 31, 2019
Warrants exercise price		$ 11.5
Warrants expiration term		5 years
Chief Executive Officer [Member]
Options were forfeited	4,771