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

NOTE 9 – SEGMENT REPORTING

 

Segment information is prepared on the same basis that the Chief Executive Officer, who is the Company’s Chief Operating Decision Maker (“CODM”), manages the business, makes business decisions and assesses performance. The Company has two reportable segments:

 

  1. Specializing in development of an innovative wireless electric vehicles (EV) charging technology, as described in Note 1B.

 

  2. Research, development and production of micro-mobility vehicles for the urban environment for the business and private markets from the acquisition of Revoltz, as described in Note 1.F and Note 3.

 

The Chief Executive Officer assesses performance for this segment and decides how to allocate resource. 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:

 

   Year ended
December 31, 2025		 
   Charging
Technology		   Revoltz Technology   Total 
             
Research and development costs, net $(281)  (371) $(652)
General and administrative costs  (1,021)  (224)  (1,245)
                
Share in loss of affiliate  (42)  -   (42)
Other income  1,287   -   1,287 
Financial income (expenses), net  56   (7)  49 
Tax income  -   70   70 
                
Loss  (1)  (532)  (533)

 

   Year ended
December 31, 2024		 
   Charging
Technology		   Total 
         
Research and development costs, net $(319) $(319)
General and administrative costs  (458)  (458)
Share in loss of affiliate  (36)  (36)
Financial income, net  (29)  (29)
Loss  (842)  (842)