v3.26.1
LEASES
12 Months Ended
Dec. 31, 2025
Leases  
LEASES

NOTE 7 - LEASES

 

In March 2025, the Company entered into a lease agreement for its US office for the period from March 2025 until February 2027. The monthly lease payments are approximately $2.

 

In July 2025, the Subsidiary entered into a lease agreement for its Israel office for the period from July 2025 until October 2029. The monthly lease payments are approximately $20. To secure the lease payments, the Company issued a bank guarantee of $56 in favor of the facility’s lessor.

 

Additionally, the Company has several agreements for car leases.

 

For the years ended December 31, 2025 and 2024, operating lease cost, which is classified as a component of research and development in the consolidated statement of comprehensive loss for all periods presented, was $256 and $215, respectively. Also for the years ended December 31, 2025 and 2024, cash paid under operating lease agreements were $212 and $219, respectively.

 

Undiscounted maturities of future operating lease payments as of December 31, 2025 are summarized as follows:

  

   As of December 31, 
   2025 
2026  $308 
2027   256 
2028   238 
2029   196 
Total future lease payments   998 
Less imputed interest   (133)
Total lease liabilities  $865 

 

The following table includes the weighted-average lease terms and discount rates for operating leases as of December 31, 2025 and 2024:

SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO LEASES 

   As of December 31, 
   2025   2024 
         
Operating leases weighted-average remaining lease term (in years)   3.6    1.6 
Operating leases weighted-average discount rate   8.2%   6.7%

 

 

MICROBOT MEDICAL INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

U.S. dollars in thousands

(Except share and per share data)