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

NOTE 15 – SEGMENT REPORTING

 

Segment information is prepared on the same basis that the Company’s chief operating decision maker (“CODM”), the Chief Executive Officer, manages the business, makes business decisions and assesses performance. The Company has one operating and reportable segment, which is the development of robotic devices for endoluminal surgery. See Note 1A for further details.

 

The CODM assesses performance for this segment and decides how to allocate resources based on net loss. The measure of segment assets is reported on the balance sheet as cash and cash equivalents and marketable securities. The chief executive officer performs the assessment of segment performance by using the reported measure of segment loss to monitor 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   2024 
Significant segment expenses          
Payroll and payroll related  $(7,435)  $(5,376)
Materials and subcontractors   (1,898)   (2,165)
Share-based compensation   (1,057)   (1,349)
Other segment items (*)   

(2,752

)   (2,553)
Net loss  $(13,142)  $(11,443)

 

  (*) Other segment expense items included within net loss include professional services, patents, overhead and depreciation, travel expenses, financial income, net, other income and other miscellaneous expenses net of grants received. See the consolidated financial statements for other financial information regarding the Company’s operating segment.

 

Long-lived assets and operating lease right-of-use assets by geographical areas were as follows:

 

       
   As of December 31, 
   2025   2024 
Israel  $885   $209 
United States   41    3 
Long lived assets and operating lease right of use assets  $926   $212