v3.26.1
Balances and Transactions with Interested and Related Parties (Tables)
12 Months Ended
Dec. 31, 2025
Balances and Transactions with Interested and Related Parties [Abstract]  
Schedule of Balances with Interested and Related Parties Balances with interested and related parties:
  

For

details see

   Directors  

Key

management

personnel

 
   Note   USD in thousands 
             
Other accounts payable   15    753    533 
Loan   -    24    
-
 
  

For

details see

   Directors  

Key

management

personnel

 
   Note   USD in thousands 
             
Other accounts payable   15    725    33 
Loan   -    66    
-
 
Schedule of Salaries and Benefits to Interested and Related Parties Salaries and benefits to interested and related parties:
   Year ended December 31, 
   2025   2024   2023 
   USD in thousands 
Cost of sales, research and development expenses, sales and marketing expenses and general and administrative expenses, net:            
Salary and related benefits to CEO and director employed by the Company including cost of share-based payment (1)   1,247    592    132 
Salary and related benefits of senior management and fees of directors not employed by the Company including cost of share-based payment   3,374    625    566 
Salary and related benefits to former Interim CEO and former CEO including cost of share-based payment (2)   328    476    811 
Salary and related benefits to the former Chief of Staff and Vice President of Human Resources including cost of share-based payment (3)   
-
    
-
    28 
    4,949    1,693    1,537 

 

(1)

Relates to the cost of employment of Mr. Noah Hershkovitz, a member of the Company’s Board of Directors from October 3, 2023 to March 31, 2026, and Chief Executive Officer of the Company from December 4, 2023, to March 31, 2026.

 

Mr. Hershcoviz holds 9.99% of one of the Company’s former service providers, A-Labs. Therefore, during his tenure as a member of the Board of Directors and as Chief Executive Officer, any decision regarding A-Labs transactions required special approval as a related party transaction. In addition, Mr. Hershcoviz also served as a director in BST and therefore decisions regarding BST prior to the BST merger also required special approval as a related party transaction.

 

(2)

Relates to the cost of compensation and employment of Mr. Uzi Moskowitz, a member of the Company’s Board of Directors and the Company’s Interim Chief Executive Officer from February 2, 2023 until December 4, 2023; also relates to Mr. Eyal Moshe, a former member of the Company’s Board of Directors and the Company’s chief executive officer until February 2, 2023, excluding any misappropriates expenses. Mr. Moshe’s employment with the Company was terminated for cause, effective July 24, 2023, in connection with these unauthorized expenses.

 

(3) Relates to the cost of employment of Ms. Ayelet Bitan, former Chief of Staff and Vice President of Human Resources in the Company and the spouse of Mr. Eyal Moshe, excluding any allegedly misappropriated expenses as detailed in Note 22. Ms. Bitan resigned in February 2023.
Schedule of Transactions with Interested and Related Parties Transactions with interested and related parties:
  

Controlling

shareholder

  

Key

management

personnel

  

Other

interested

and

related parties

   Total 
   USD in thousands 
                 
General and administrative expenses   
    -
    1,575       2,327    3,902 
    
-
    1,575    2,327    3,902 
  

Controlling

shareholder

  

Key

management

personnel

  

Other

interested

and

related parties

   Total 
   USD in thousands 
                 
General and administrative expenses   
    -
    1,068         625    1,693 
    
-
    1,068    625    1,693