v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 10,221 $ 19,489
Bank deposits 12 12
Marketable securities 14,054 4,425
Accounts receivables 10,040 3,595
Prepaid expenses and other current assets 1,935 3,774
TOTAL CURRENT ASSETS 36,262 31,295
NON-CURRENT ASSETS:    
Restricted long-term deposits and cash equivalents 1,308 1,291
Long-term receivables 0 1,024
Property and equipment, net 162 202
Operating lease right-of-use assets 1,230 1,426
Other long-term assets 0 13
Funds in respect of employee rights upon retirement 345 595
TOTAL NON-CURRENT ASSETS 3,045 4,551
TOTAL ASSETS 39,307 35,846
CURRENT LIABILITIES:    
Accounts payable 1,165 1,265
Other accounts payable 3,308 3,590
Current maturities of operating leases 482 430
TOTAL CURRENT LIABILITIES 4,955 5,285
LONG-TERM LIABILITIES:    
Operating leases liabilities 700 878
Liability for employee rights upon retirement 415 833
Other long-term Liability 1,355 0
TOTAL LONG-TERM LIABILITIES 2,470 1,711
TOTAL LIABILITIES 7,425 6,996
SHAREHOLDERS' EQUITY:    
Ordinary shares, NIS 1 par value – authorized: 5,000,000 as of December 31, 2024 and June 30, 2025, respectively; issued and outstanding: 2,785,787 as of December 31, 2024 and June 30, 2025, respectively * [1] 774 774
Additional paid-in capital 259,189 258,959
Accumulated deficit (228,081) (230,883)
TOTAL SHAREHOLDERS' EQUITY 31,882 28,850
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 39,307 $ 35,846
[1] All share amounts have been retroactively adjusted to reflect a 1-for-10 reverse share split. For additional information see note 6a.