v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
5 Months Ended 7 Months Ended 12 Months Ended
Dec. 31, 2024
Jul. 23, 2024
Dec. 31, 2025
Successor      
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (2,084)   $ (13,449)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 4   6
Stock based compensation 1,289   624
Change in deferred tax liability, net   358
Intangible asset and Goodwill impairment expenses   9,684
Reduction in the carrying amount of operating lease right of use asset   7
Finance expense (income) (4)   3
Changes in assets and liabilities      
Operating lease liability   (7)
Other current assets 41   (137)
Other account payables 101   359
Accounts payable (101)   21
NET CASH USED IN OPERATING ACTIVITIES (754)   (2,531)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Deposit for operating right of use assets   (18)
Withdrawal from (investment in) short term deposit (2,000)   975
Investment in restricted deposit   (9)
Purchase of property, plant and equipment (3)   (7)
Cash received in conjunction with acquisition of subsidiary 729  
NET CASH PROVIDED BY INVESTING ACTIVITIES (1,274)   941
CASH FLOWS FROM FINANCING ACTIVITIES:      
Issuance of ordinary shares from option exercise 3  
NET CASH PROVIDED BY FINANCE ACTIVITIES 3  
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (2,025)   (1,590)
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF PERIOD 5,293   3,268
CASH AND CASH EQUIVALENTS AT THE END OF PERIOD 3,268 $ 5,293 1,678
NON-CASH ACTIVITIES:      
Lease liabilities arising from obtaining right-of-use-assets   $ 112
Predecessor      
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss   (1,421)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation    
Stock based compensation   710  
Change in deferred tax liability, net    
Intangible asset and Goodwill impairment expenses    
Reduction in the carrying amount of operating lease right of use asset    
Finance expense (income)    
Changes in assets and liabilities      
Operating lease liability    
Other current assets   152  
Other account payables   (26)  
Accounts payable   128  
NET CASH USED IN OPERATING ACTIVITIES   (457)  
CASH FLOWS FROM INVESTING ACTIVITIES:      
Deposit for operating right of use assets    
Withdrawal from (investment in) short term deposit    
Investment in restricted deposit    
Purchase of property, plant and equipment    
Cash received in conjunction with acquisition of subsidiary    
NET CASH PROVIDED BY INVESTING ACTIVITIES    
CASH FLOWS FROM FINANCING ACTIVITIES:      
Issuance of ordinary shares from option exercise    
NET CASH PROVIDED BY FINANCE ACTIVITIES    
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS   (457)  
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF PERIOD $ 729 1,186  
CASH AND CASH EQUIVALENTS AT THE END OF PERIOD   729  
NON-CASH ACTIVITIES:      
Lease liabilities arising from obtaining right-of-use-assets