v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income (Loss) $ (11,439) $ (9,541)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation 30 46
Deferred income taxes 0 14
Share-based compensation 2,750 2,556
Finance income, net 32 (5)
Changes in operating assets and liabilities:    
Decrease (increase) in accounts receivable 126 (126)
Increase in other current assets (229) (14)
Increase in accounts payable 316 49
Increase in accrued expenses and other payables and other long-term liability 1,044 203
Net cash used in operating activities (7,370) (6,818)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (107) (3)
Net cash used in investing activities (107) (3)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from ordinary issuance of shares through ATM programs 6,254 3,960
Issuance of ordinary shares, under collaboration agreement 7,190 0
Issuance costs (262) (323)
Exercise of warrants into ordinary shares 508 90
Exercise of options into ordinary shares 20 749
Net cash provided by financing activities 13,710 4,476
EFFECT OF EXCHANGE RATE CHANGE ON CASH AND CASH EQUIVALENTS 36 0
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED DEPOSITS 6,197 (2,345)
CASH, CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF THE YEAR 8,740 11,085
CASH, CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF THE YEAR 14,973 8,740
Reconciliation in amounts on consolidated balance sheets:    
Cash and cash equivalents 7,108 8,660
Restricted cash 7,775 0
Restricted deposit 90 80
Total cash and cash equivalents, restricted cash and restricted deposit 14,973 8,740
SUPPLEMENTAL DISCLOSURE OF CASH FLOW TRANSACTIONS:    
Interest received 180 68
SUPPLEMENTARY INFORMATION ON INVESTING AND FINANCING ACTIVITIES NOT INVOLVING CASH FLOWS:    
Operating lease right of use assets obtained in exchange for operating lease liabilities $ 386 $ 32