v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 6,904 $ 13,488
Restricted cash 280 280
Short term bank deposits 29,485 10,793
Trade receivable 60 153
Other assets – funds held in escrow 8,721 30,417
Prepaid expenses and other receivables 1,430 2,500
Total current assets 46,880 57,631
Non-Current Assets    
Operating lease right-of-use assets 1,647 1,782
Long term bank deposits 35,237
Property and equipment, net 1,274 1,374
Total non-current assets 38,158 3,156
Total assets 85,038 60,787
Current liabilities:    
Trade payables 564 624
Operating lease liabilities 554 551
Employees and payroll accruals 3,280 3,283
Convertible bonds 8,805 30,614
Accrued expenses and other payables 2,880 1,334
Derivative Liabilities 1,712
Total current liabilities 17,795 36,406
Long term liabilities    
Operating lease liabilities 1,373 1,457
Warrant liabilities 148 428
Total long-term liabilities 1,521 1,885
SHAREHOLDERS’ EQUITY:    
Ordinary Shares [1]
Capital & Premium 332,497 275,453
Accumulated Deficit (266,775) (252,957)
Total shareholders’ equity 65,722 22,496
Total liabilities and shareholders’ equity $ 85,038 $ 60,787
[1] Represents less than $1.