v3.25.2
LIABILITIES IN RESPECT OF GOVERNMENT GRANTS
6 Months Ended
Jun. 30, 2025
Disclosure Of Liabilities In Respect Of Government Grant [Abstract]  
LIABILITIES IN RESPECT OF GOVERNMENT GRANTS
NOTE 5: - LIABILITIES IN RESPECT OF GOVERNMENT GRANTS

 

   
June 30,
2025
   
December 31,
2024
 
   
Unaudited
       
             
Balance at January 1,
 
$
4,650
   
$
4,814
 
Grants received
   
106
     
177
 
Royalties paid
   
(122
)
   
(298
)
Amounts recorded in profit or loss
   
115
     
(43
)
                 
   
$
4,749
   
$
4,650
 
 
The Company received research and development grants from the Israel Innovation Authority (“IIA”) and undertook to pay royalties of 3%-4% of revenues derived from research and development projects that were financed by the IIA, of up to 100% of the grants received (including accrued interest). As of June 30, 2025, the Company had received cumulative grants amounting to $9,511 (including accrued interest), of which $4,018 were repaid to date.