v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 25,677 $ 18,164
Restricted cash 333
Restricted deposit 322
Accounts receivable 278 1,510
Inventory 50 203
Other current assets 1,164 588
Total current assets 27,502 20,787
NON-CURRENT ASSETS:    
Contract fulfillment assets 1,017
Property and equipment, net 346 407
Operating lease right-of-use assets 739 1,113
Severance pay asset 296 259
Other non-current assets 96 96
Total non-current assets 1,477 2,892
TOTAL ASSETS 28,979 23,679
CURRENT LIABILITIES:    
Accounts payable 480 442
Contract liabilities - short term 165 702
Operating lease liabilities - short term 511 539
Accrued compensation expenses 1,400 1,124
Total current liabilities 2,998 3,295
NON-CURRENT LIABILITIES:    
Contract liabilities - long term 1,373
Operating lease liabilities - long term 259 508
Liability for severance pay 296 259
Total non-current liabilities 555 2,140
TOTAL LIABILITIES 3,553 5,435
SHAREHOLDERS’ EQUITY:    
Common stock, $0.001 par value; 300,000,000 shares authorized as of December 31, 2025 and December 31, 2024, 16,357,327 and 12,612,517 shares issued and outstanding as of December 31, 2025 and December 31, 2024 17 13
Additional paid-in capital 88,418 64,205
Accumulated deficit (63,009) (45,974)
TOTAL SHAREHOLDERS’ EQUITY 25,426 18,244
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 28,979 23,679
Related Party [Member]    
CURRENT LIABILITIES:    
Other current liabilities 115 120
Nonrelated Party [Member]    
CURRENT LIABILITIES:    
Other current liabilities $ 327 $ 368