v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 826 $ 4,224 $ 6,353
Adjustments required to reconcile net income to net cash flows provided by operating activities:      
Depreciation 2,104 1,546 1,317
Share-based compensation 512 607 363
Changes in deferred income tax assets, net 166 621 1,327
Decrease (increase) in long-term tax receivables 0 0 (25)
Accrued Interest, net and exchange rate effects 1,260 (463) 0
Increase (decrease) in employee severance benefits, net 8 (2) 172
Decrease (increase) in trade receivables, net (1,215) (988) (1,010)
Decrease in operating lease right-of-use assets 1,028 859 888
Decrease in operating lease liabilities (1,025) (857) (911)
Decrease (increase) in other receivables and prepaid expenses 75 341 (169)
Increase in inventories (283) (3,532) (1,139)
Increase (decrease) in trade payables (2,951) 929 989
Increase (decrease) in other liabilities and accrued expenses 641 1,255 707
Net cash provided by operating activities 1,146 4,540 8,862
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment (5,351) (9,506) (2,432)
Investment in short-term bank deposits, net 20 (6,365) (2,719)
Restricted deposit 0 0 192
Repayment from insurance 0 0 2,000
Net cash used in investing activities (5,331) (15,871) (2,959)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Issuance of shares, net 0 9,312 0
Exercise of options 36 296 863
Dividend distribution (1,276) 0 (1,321)
Repayment of long-term loans 0 0 (3,348)
Net cash provided by (used in) financing activities (1,240) 9,608 (3,806)
Effect of exchange rate on cash and cash equivalents 331 20 (185)
Increase (decrease) in cash and cash equivalents (5,094) (1,703) 1,912
Cash and cash equivalents at the beginning of the year 7,575 9,278 7,366
Cash and cash equivalents at end of the year 2,481 7,575 9,278
SUPPLEMENTAL DISCLOSURES OF CASH FLOW ACTIVITIES:      
Cash paid for interest 4 0 84
Cash paid for income taxes 30 61 37
Supplemental Disclosures of non-cash activity:      
Purchase of property and equipment in credit 756 1,238 2,125
Right-of-use assets recognized with corresponding lease liabilities $ 581 $ 225 $ 506