v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 27,028 $ 7,532
Restricted bank deposits 39 34
Prepaid expenses 571 370
Other current assets 1,264 397
Inventory 2,320
TOTAL CURRENT ASSETS 28,902 10,653
NON-CURRENT ASSETS:    
Restricted bank deposits 221 192
Prepaid expenses 799 91
Digital assets 91,628
Operating lease right of use assets 726 974
Property and equipment, net 289 927
TOTAL NON-CURRENT ASSETS 93,663 2,184
TOTAL ASSETS 122,565 12,837
CURRENT LIABILITIES:    
Accounts payable 178 297
Other payables and accrued expenses 2,161 870
Short-term employee benefits 302 668
Current maturities of operating lease liabilities 292 314
TOTAL CURRENT LIABILITIES 2,933 5,190
NON-CURRENT LIABILITIES:    
Warrants liability 331
Operating lease liabilities 432 598
TOTAL NON-CURRENT LIABILITIES 432 929
TOTAL LIABILITIES 3,365 6,119
COMMITMENTS AND CONTINGENCIES (Note 10)  
SHAREHOLDERS’ EQUITY:    
Share capital - Ordinary shares of NIS 0.00286 par value - Authorized: 1,000,000,000 shares on December 31, 2025, and 34,973,575 at December 31 2024; Issued and outstanding: 161,995,282 shares on December 31, 2025, and 12,105,496 at December 31, 2024 139 10
Additional paid-in capital 234,083 67,026
Accumulated other comprehensive loss (1,262) (2,147)
Accumulated deficit (113,760) (58,171)
TOTAL EQUITY 119,200 6,718
TOTAL LIABILITIES AND EQUITY 122,565 12,837
Nonrelated Party [Member]    
CURRENT LIABILITIES:    
Promissory note 890
Related Party [Member]    
CURRENT LIABILITIES:    
Promissory note $ 2,151