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| LEASES | NOTE 6 – LEASES
In March 2025, the Company entered into a lease agreement for its US office for the period from March 2025 until February 2027. The monthly lease payments are approximately $2.
In July 2025, Microbot Israel entered into a lease agreement for its Israel office for the period from July 2025 until October 2029. The monthly lease payments are approximately $19. To secure the lease payments, the Company issued a bank guarantee of $54 in favor of the facility’s lessor.
Additionally, the Company has several agreements for car leases.
Future minimum lease obligations under our non-cancelable lease agreements as of March 31, 2026 were as follows:
The following table includes the weighted-average lease terms and discount rates for operating leases as of March 31, 2026:
The Company’s lease cost for the three months ended March 31, 2026 was $35. This cost is classified as operating lease expense in the Company’s consolidated statements of comprehensive loss for the three months ended March 31, 2026.
Cash paid under operating lease agreements for the three months ended March 31, 2026 is $100.
Right-of-use assets obtained in exchange for lease liabilities for the three months ended March 31, 2026 is $101.
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