The
following table provides a reconciliation of cash and restricted deposits reported on the balance sheets that sum to the same total amount
as shown in the statements of cash flows:
SCHEDULE
OF RECONCILIATION OF CASH AND RESTRICTED DEPOSITS
| | |
2025 | | |
2024 | |
| | |
December 31 | |
| | |
2025 | | |
2024 | |
| | |
U.S. dollars in thousands | |
| Cash and cash equivalents | |
| 27,028 | | |
| 7,532 | |
| Restricted deposits (1) | |
| 260 | | |
| 226 | |
| Total cash and restricted deposits shown in the statement of cash flows | |
| 27,288 | | |
| 7,758 | |
| (1) | As
of December 31, 2025, and 2024, the Company’s restricted deposits consisted of bank
deposits that were denominated in New Israeli Shekel. Restricted deposits are presented at
cost including accrued interest. These bank deposits are used as security for collateralizing
the Company’s lease contracts. |
|