v3.26.1
Related Parties (Tables)
12 Months Ended
Dec. 31, 2025
Related Parties [Abstract]  
Schedule of Balances are Held with or by Related Parties

The following balances are held with or by related parties as of December 31, 2025, and 2024:

 

   December 31 
   2025   2024 
Assets:        
Prepaid expenses and other receivables  $-   $1,417 
Total  $-   $1,417 
           
Liabilities:          
Accounts payable and accrued expenses   136    242 
INX Token liability   67    2,423 
INX Token warrant liability   -    464 
Total  $203   $3,129 
Schedule of Revenue and Expense Items Recognized in Transactions with Related Parties

Revenue and expense items recognized in transactions with related parties during the years ended December 31, 2025, and 2024 mainly include service revenue earned from Nabatech, and compensation provided to key management personnel and directors, as follows:

 

   Year ended December 31 
   2025   2024   2023 
             
Service revenue  $-   $863   $976 
   $-   $863   $976 
                
Cost of service:               
Compensation and benefits   -    226    226 
   $-   $226   $226 
                
Research and Development:               
Compensation and benefits  $592   $263    234 
Share-based compensation   11    24    190 
INX Token-based compensation   -    34    41 
   $603   $321   $465 
                
Sales and marketing:               
Compensation and benefits   203    167    - 
Share-based compensation    76    37    - 
INX Token-based compensation   23    14    - 
   $302   $218   $- 
                
General and administrative:               
Compensation and benefits   2,912    2,760    2,934 
Share-based compensation    204    884    1,702 
INX Token-based compensation   139    296    396 
   $3,255   $3,940   $5,032 
Total compensation and benefits  $4,160   $4,705   $5,723 
                
Reserve Fund distribution  $3,173   $-   $- 
Change in fair value of INX Token and warrant liabilities  $1,135   $(2,943)  $(830)