v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 78 $ 837
Restricted cash 609 642
Accounts receivable, net of credit losses of December 31, 2024 $14,281 ($0 as of December 31, 2023) 40 88
Prepaid expenses and other receivables 34 2,017
Inventory 34
Total current assets 761 4,076
NON CURRENT ASSETS:    
Deposits 12 38
Equity investees 8
Property, plants and equipment, net 578 1,475
Intangible assets, net 7,375
Operating lease right-of-use assets 351
Goodwill 1,211
Other assets 18
Total non-current assets 590 10,476
TOTAL ASSETS 1,351 14,552
CURRENT LIABILITIES:    
Short-term bank credit 40
Accrued expenses and other payables 2,345 2,218
Income tax payable 781 740
Employees and related payables 2,122 1,079
Advance payments on account of grant 72 2,180
Short-term loans 6,183 650
Current maturities of finance leases 25 18
Current maturities of operating leases 234 216
Short-term and current maturities of convertible loans 1,995 2,670
TOTAL CURRENT LIABILITIES 26,920 16,407
LONG-TERM LIABILITIES:    
Non-current operating leases 1,308 96
Loans payable 2,895
Convertible loans 5,578 18,967
Finance leases 1 4
Contingent consideration (see note 4)
Other long-term liabilities 2,182 61
TOTAL LONG-TERM LIABILITIES 11,964 19,128
TOTAL LIABILITIES 38,884 35,535
EQUITY (CAPITAL DEFICIENCY):    
Common stock of $0.0001 par value Authorized at December 31, 2024 and December 31, 2023: 14,583,333 shares; Issued at December 31, 2024 and December 31, 2023: 5,199,963 and 3,216,363 shares, respectively; Outstanding at December 31, 2024 and December 31, 2023: 5,171,306 and 3,187,706 shares, respectively. 5 3
Additional paid-in capital 188,163 156,837
Accumulated other comprehensive income 384 65
Treasury stock 286,567 shares as of December 31, 2024 and December 31, 2023 (1,266) (1,266)
Accumulated deficit (224,787) (176,622)
Equity attributable to Orgenesis Inc. (37,501) (20,983)
Non-controlling interests (32)
TOTAL EQUITY (CAPITAL DEFICIENCY) (37,533) (20,983)
TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST AND EQUITY (CAPITAL DEFICIENCY) 1,351 14,552
Related Party [Member]    
CURRENT ASSETS:    
Receivables from related parties 458
CURRENT LIABILITIES:    
Accounts payable 2,695 133
Other payable related parties 52
Nonrelated Party [Member]    
CURRENT LIABILITIES:    
Accounts payable $ 10,428 $ 6,451