On December 24, 2024, the Company received a short-term loan from certain lender in a total of NIS 150 thousand ($41, based on the NIS-USD exchange rate on December 24, 2024, the date the agreement was signed). The loan was originally repayable within four months and included a risk premium of NIS 12 thousand exclusive of value-added tax (VAT). Since the Company did not repay the loan within the original timeframe, the total interest and penalties incurred amounted to NIS 54 thousand.

During the year ended December 31, 2025, the Company repaid an aggregate amount of NIS 96.9 thousand. As of December 31, 2025, the remaining balance of the loan, including accrued interest, is NIS 107.1 thousand ($34, based on the NIS-USD exchange rate on December 31, 2025).  and is included within short-term credit from a related party in the Consolidated Balance Sheets.

The Company’s chief executive officer (“CEO”) and chief financial officer (“CFO”) are guarantees for the repayment of the loan.