v3.25.2
Unaudited Condensed Interim Consolidated Statements of Profit or Loss and Other Comprehensive Income or Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Profit or loss [abstract]          
Revenues from sale of products $ 1,754 $ 1,506 $ 3,162 $ 3,202 $ 6,832
Revenues from development services 3,874 3,504 6,314 6,727 13,135
Revenues from license agreements and royalties 80 53 187 98 255
Total revenues 5,708 5,063 9,663 10,027 20,222
Cost of revenues from sale of products 1,302 1,558 2,412 3,144 6,440
Cost of revenues from development services 3,056 3,055 5,156 5,821 11,128
Cost of revenues from license agreements and royalties 8 3 15 8 20
Total cost of revenues 4,366 4,616 7,583 8,973 17,588
Gross profit 1,342 447 2,080 1,054 2,634
Research and development 3,491 1,898 6,377 3,368 8,878
Selling and marketing 1,462 1,224 2,749 2,403 4,936
General and administrative 2,105 1,809 3,891 3,501 8,202
Other expense 0 0 4 0 18
Total operating expenses 7,058 4,931 13,021 9,272 22,034
Operating loss (5,716) (4,484) (10,941) (8,218) (19,400)
Financial income 429 582 925 1,171 2,048
Financial expenses (7,993) (2,405) (3,985) (8,965) (12,811)
Financing expenses, net (7,564) (1,823) (3,060) (7,794) (10,763)
Loss before taxes on income (13,280) (6,307) (14,001) (16,012) (30,163)
Taxes on income (38) 2 (43) (22) (61)
Net loss (13,318) (6,305) (14,044) (16,034) (30,224)
Other comprehensive income (loss):          
Foreign currency translation adjustments (11) 2 (10) 10 7
Total comprehensive loss $ (13,329) $ (6,303) $ (14,054) $ (16,024) $ (30,217)
Loss per share data:          
Basic net loss per share $ (1.23) $ (0.68) $ (1.3) $ (1.73) $ (3.03)
Diluted net loss per share $ (1.23) $ (0.68) $ (1.3) $ (1.73) $ (3.03)
Number of shares used in calculating basic loss per share 10,835,251 9,279,370 10,816,990 9,256,862 9,959,723
Number of shares used in calculating diluted loss per share 10,835,251 9,279,370 10,816,990 9,256,862 9,959,723