v3.25.2
Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 6,458 $ 7,845
Short term bank deposits 1,283 1,254
Restricted short-term bank deposits 203 220
Trade receivables 33
Other receivables and prepaid expenses 125 93
TOTAL CURRENT ASSETS 8,069 9,445
NON-CURRENT ASSETS:    
Property and equipment, net 583 561
Right-of-use assets, net 206 195
Investments in a joint venture accounted for using the equity method 513 481
TOTAL NON-CURRENT ASSETS 1,302 1,237
TOTAL ASSETS 9,371 10,682
CURRENT LIABILITIES:    
Loans from related party 1,023 1,011
Current maturities of long-term loan 134 91
Accounts payable and accruals:    
Trade 124 70
Other 951 969
Short term lease liabilities 157 98
TOTAL CURRENT LIABILITIES 2,389 2,239
NON-CURRENT LIABILITIES:    
Long-term loan 25 47
Lease liabilities, net of current maturities 48 96
TOTAL NON-CURRENT LIABILITIES 73 143
TOTAL LIABILITIES 2,462 2,382
EQUITY:    
Common shares 102 102
Share premium 25,845 25,845
Treasury shares (77) (50)
Foreign currency translation reserve (1,835) (2,368)
Accumulated deficit (16,948) (15,071)
Capital and reserves attributable to parent company shareholders 7,087 8,458
Non-Controlling interest (178) (158)
TOTAL EQUITY 6,909 8,300
TOTAL LIABILITIES AND EQUITY $ 9,371 $ 10,682