v3.26.1
SEGMENT REPORTING
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING

NOTE 16 — SEGMENT REPORTING

 

Segment information is prepared on the same basis that the chief executive officer, who is the Company’s chief operating decision maker, manages the business, makes business decisions and assesses performance. The Company has one reportable segment specializing in vision-based platform solutions as described in Note 1.

 

The chief executive officer assesses performance for this segment and decides how to allocate resources. The measure of segment assets is reported on the balance sheet as total assets. The chief executive officer performs the assessment of segment performance by using the reported measure of segment profit or loss to monitor budget versus actual results.

 

The table below summarizes the significant expense categories regularly reviewed by the CODM for the years ended December 31, 2025 and 2024:

 

 

    2025     2024  
    Year ended December 31,  
    2025     2024  
    USD in thousands  
             
Revenues     3,015       3,964  
                 
Cost of Sales (*)     1,934       2,730  
                 
Research and Development expenses (*)     8,646       6,160  
                 
Sales and marketing (*)     1,967       951  
                 
General and Administrative expenses (*)     5,205       4,121  
                 
Other segment items:                
Share-based compensation     3,078       2,386  
Inventory impairment     203       -  
Depreciation     117       123  
Finance income, net     1,100       740  
                 
Net loss     17,035       11,767  

 

(*)   Excluding share-based payments, inventory impairment, depreciation expense and finance income, net.