v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Jun. 30, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 5,895 $ 6,783
Short-term bank deposits 14,718 23,202
Restricted cash 422 254
Customer receivables 236 34
Prepaid expenses and other current assets 824 834
Total current assets 22,095 31,107
LONG-TERM ASSETS:    
Restricted bank deposits 879 634
Severance pay fund 610 470
Property and equipment, net 1,823 688
Intangible assets, net 2,793
Goodwill 3,136
Operating lease right-of-use asset 6,900 6,558
Other long-term assets 447 70
Total long-term assets 16,588 8,420
Total assets 38,683 39,527
CURRENT LIABILITIES    
Trade payables 866 964
Accrued expenses 1,178 1,223
Operating lease liability 659 559
Accrued vacation and recuperation 859 702
Advances from customers 148 43
Loan from the European Investment Bank, or EIB 27,289
Other accounts payable 1,329 963
Total current liabilities 32,328 4,454
LONG-TERM LIABILITIES    
Accrued severance pay 703 605
Operating lease liability 6,102 5,026
Deferred tax liabilities 415
Loan from EIB 24,027
Total long-term liabilities 7,220 29,658
COMMITMENTS AND CONTINGENCIES  
Share capital:    
Common shares, $0.00001 par value per share: authorized: 37,500,000 as of June 30, 2025 and 2024; issued and outstanding: 7,893,767 and 5,408,212 shares as of June 30, 2025 and 2024, respectively [1]
Additional paid-in capital 436,213 420,568
Accumulated deficit (443,055) (420,472)
Total shareholders’ (deficit) equity (6,842) 96
Non-controlling interests 5,977 5,319
Total equity (deficit) (865) 5,415
Total liabilities and equity $ 38,683 $ 39,527
[1] Less than $1