v3.25.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (842) $ (804)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense (income) (5) 10
Equity in losses from investment in affiliate 36 27
Non-cash interest expenses 13 (4)
Changes in operating assets and liabilities:    
Decrease in other accounts receivable 23 28
Increase in payables to related parties 74 52
Decrease in other non-current liabilities (17)
Decrease in accounts payable (23) (69)
Increase in other current liabilities 131 116
Net cash used in operating activities (610) (644)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash received in the reverse recapitalization 3
Net cash provided by investing activities 3
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock in a private placement offering 410 501
Proceeds from exercise of stock options 91
Proceeds from short term loans 367 30
Net cash provided by financing activities 777 622
Net increase (decrease) in cash 167 (19)
Cash at beginning of year 8 27
Cash at end of year 175 8
NON-CASH FINANCING AND INVESTING ACTIVITIES    
Increase in accounts payable 67
Decrease in payables to related parties 40
Decrease in additional paid in capital 24
Issuance of common stock upon conversion of loan $ 509