v3.26.1
Unaudited Condensed Consolidated Interim Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Dec. 31, 2024
Current Assets      
Cash and cash equivalents $ 6,431 $ 2,627 $ 6,898
Current assets of consolidated variable interest entities      
Cash and cash equivalents 931 1,270
Other current assets 159 102
Short term deposits and restricted cash 334 50
Marketable Securities 120 250
Inventories 3,501  
Accounts receivable, less allowance for credit losses 3,639 506
Other current assets 1,877 224 107
Loan granted 2,455 2,385
Current assets held for sale 3,364 1,089
Total Current assets 22,811 13,555 9,094
Non-Current Assets      
Operating right of use assets 4,386 823
Non-Current assets of consolidated variable interest entities
Cash and securities held in trust account 174,568 172,779
Other non-current assets 14 36
Property and equipment, net 559 101
Goodwill 100,150 7,688
Other intangible asset 12,543 7,388
Non-Current assets from discontinued operations (Note 3)   15
Intangible asset 10 16
Deferred taxes 360  
Funds in respect of employee rights upon termination 85  
Total Non-Current assets 292,675 188,831 15
Total Assets 315,486 202,386 9,109
Current Liabilities      
Short term loan 4,165 12
Accounts payable 2,485 124 70
Operating lease liability, current portion 1,531 504
Convertible notes payable, net (Note 9)   706
Note payable, net   64
Other current liabilities 7,729 3,117 1,167
Other current liabilities of consolidated variable interest entities 206 104
Stock purchase warrant liabilities 56,194 24,521 164,771
Deferred considerations 9,025 14,067
Derivative liability 110 848
Current liabilities held for sale 2,238 3,163
Total current liabilities 91,625 43,546 171,450
Non-Current liabilities      
Non-current liabilities from discontinued operations (Note 3)   17
Non-current operating lease liabilities 2,883 143
Long term loan 3,084  
Loan payable - former related parties, net of current portion 850 992
Liability in respect of employee rights upon termination 120  
Deferred tax liability 683 647
Total Non-Current liabilities 6,770 1,640 1,009
Total Liabilities 98,395 45,186 172,459
Noncontrolling interests Subject to Possible Redemption 174,568 172,779
Stockholders’ Equity (Deficit)      
Preferred stock, value [1]
Common stock, value 4 2 [1]
Additional paid-in capital 185,859 102,737 37,760
Accumulated other comprehensive loss (24) (34)
Accumulated deficit (149,674) (122,527) (201,076)
Total Company’s stockholders’ equity (deficit) 36,165 (19,788) (163,350)
Non-controlling interest 6,358 4,209
Total stockholders’ equity (deficit) 42,523 (15,579) (163,350)
Total liabilities and stockholders’ equity (deficit) 315,486 202,386 9,109
Related Party      
Current assets of consolidated variable interest entities      
Note receivable - related party 4,500 1,000
Due from related parties 1,641
Current Liabilities      
Promissory note – related party 5,691  
Due to related parties 1,001 255 42
Loans payable - former related parties, current $ 1,250 $ 842 $ 619
[1] Less than $1 thousand.