v3.25.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities      
Net income (loss) $ (2,347) $ (2,819) $ 1,798
Income and expenses not involving cash flows      
Depreciation and amortization 139 132 97
Increase (decrease) in liability for employee benefits, net 8 4 (1)
Revaluation of derivatives measured at fair value through profit and loss 65 (1,215)
Capital loss 5
Other finance expenses (15) 55 (46)
Share-based compensation 860 4,236
Total income and expenses not involving cash flows 997 4,492 (1,165)
Changes in asset and liability line items:      
Decrease (increase) in trade receivable 1,308 322 (1,418)
Decrease (increase) in other current assets 272 (216) (25)
Increase in inventory (633) (49) (686)
Decrease in trade payables (161) (906) (197)
Decrease in other accounts payables (394) (94) (46)
Total changes in asset and liability 392 (943) (2,372)
Net cash provided by (used in) operating activities (958) 730 (1,739)
Cash flows from investing activities      
Sales from securities 81
Increase in deposits (58) (7) (12)
Purchase of property, plant and equipment (112) (3) (8)
Net cash used in investing activities (89) (10) (20)
Cash flows from financing activities      
Repayment of loans from related parties (43) (73) 42
Repayment of warrants (165)
Repayment of loans from banking corporations (104) (81) (71)
Repayment to former shareholders (250)
Issuance of ordinary shares in the IPO, net 4,324
SAFE 343
Repayment of lease liabilities (122) (75) (59)
Net cash provided by (used in) financing activities 3,640 (229) 255
Exchange rate differentials for cash and cash equivalent balances 17 8 12
Increase (decrease) in cash and cash equivalents 2,610 499 (1,492)
Balance of cash and cash equivalents at beginning of year 568 69 1,561
Balance of cash and cash equivalents as at end of year 3,178 568 69
Interest paid 36 20 63
Recognition of right-of-use asset against a lease liability 903 39 113
Issuance of share capital 456
Debt forgiveness from controlling shareholders $ 12