v3.26.1
Consolidated Statements of Cash Flows
₪ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2025
ILS (₪)
Dec. 31, 2024
ILS (₪)
Dec. 31, 2023
ILS (₪)
Statement of cash flows [abstract]        
Net cash used in operating activities $ (10,306) ₪ (32,876) ₪ (41,461) ₪ (49,664)
Cash Flows from Investing Activities        
Purchase of property and equipment (42) (135) (509) (3,926)
Proceeds from short-term deposits 3,328 10,617 51,419 53,780
Interest received 1,055 3,366 7,671 6,853
Net cash provided by investing activities, net 4,341 13,848 58,581 56,707
Cash Flows from Financing Activities        
Exercise of options 8 25 3 2
Payment to the Israel Innovation Authority (124) (397) (108) (297)
Receipt of grants from Israel Innovation Authority 539 1,718 492
Principal portion of lease payments (369) (1,177) (1,167) (994)
Interest portion of lease payments (52) (165) (292) (347)
Net cash provided by (used in) financing activities 2 4 (1,564) (1,144)
Increase (decrease) in cash and cash equivalents (5,963) (19,024) 15,556 5,899
Cash and cash equivalents at beginning of the year 12,906 41,170 23,869 15,368
Exchange differences on cash and cash equivalents (170) (542) 1,745 2,602
Cash and cash equivalents at end of the year 6,773 21,604 41,170 23,869
Net loss (4,970) (15,853) (36,736) (58,567)
Adjustments for:        
Depreciation and amortization 879 2,804 2,852 2,403
Share-based compensation 209 667 1,388 3,279
Financial expenses (income) (458) (1,461) (4,871) 9,254
Exchange differences 1,574 5,020 (552) (6,425)
Adjustments for profit loss 2,204 7,030 (1,183) 8,511
Changes in operating asset and liability items:        
Decrease (increase) in trade receivables (74) (235) (2,947) 8,965
Decrease (increase) in other receivables (48) (154) 135 1,463
Decrease (increase) in inventory 991 3,162 598 (9,441)
Decrease in trade payables (119) (379) (2,565) (936)
Increase (decrease) in other payables and accruals 197 627 1,120 (62)
Increase (decrease) in contract liabilities (8,493) (27,092) 157
Increase in liability of share-based compensation 6 18 117 246
Changes in operating asset and liability items, net (7,540) (24,053) (3,542) 392
Supplemental information on non-cash transactions:        
Changes in right-of-use asset and lease liabilities $ 148 ₪ 473 ₪ (244) ₪ 119