v3.26.1
Interim Condensed Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Profit or loss [abstract]          
General and administrative expenses $ 24,967 $ 18,656 $ 120,099 $ 12,729 $ 16,567
Research and development expenses, net 2,547 1,640 11,228 3,059 2,711
Selling and marketing expenses 1,240 1,380 4,112 992 661
Amortization of Intangible Assets 1,452 2,075
Impairment and amortization     10,850 11,085
Listing expenses     16,802
Operating loss (30,206) (23,751) (146,289) (27,865) (36,741)
Finance expenses 36,358 10,724 40,703 13,493 7,891
Finance income 21,114 9,854 12,402 5,957 1,580
Gain from remeasurement of investment in associated company 158   22,164
Share of net profit (loss) of associated companies     (101)
Loss before income tax (45,450) (24,621) (174,590) (35,401) (20,989)
Income tax
Net loss (45,450) (24,621) (174,590) (35,401) (20,989)
Other comprehensive loss (3,166) (1,691) (3,130) (1,265) (283)
Total comprehensive loss (48,616) (26,312) (177,720) (36,666) (21,272)
Net loss attributable to:          
Equity holders of the Company (44,348) (23,638) (169,178) (31,092) (20,914)
Non- controlling interest $ (1,102) $ (983) $ (5,412) $ (4,309) $ (75)
Basic loss per share attributable to shareholders $ (152,000) $ (4,065,000) [1] $ (37) [2],[3] $ (138,537) [2],[3] $ (9,272,541) [2],[3]
Diluted loss per share attributable to shareholders $ (152,000) $ (4,065,000) [1] $ (37) [2],[3] $ (138,537) [2],[3] $ (9,272,541) [2],[3]
[1] The share and per share information in these financial statements reflects the 1-for-28.5, 1-for-4.1 1-for-7, 1-for-10.89958, 1-for-8, 1:4.8828125, 1-for-20 and 1-for-2.285 reverse share splits that became effective on January 15, 2025, June 16, 2025, August 7, 2025, October 23, 2025, November 18, 2025, February 17, 2026, May 11, 2026 and June 1, 2026, respectively, of the Company’s issued and outstanding Ordinary Shares. See also Note 1.D to 1.K.
[2] The share and per share information in these financial statements reflects the 1-for-75, 1-for-28.5, 1-for-4.1 1-for-7, 1-for-10.89958, 1-for-8, 1-for-4.8828125, 1-for-20 and 1-for-2.285 reverse share splits became effective on July 15, 2024, January 15, 2025, June 16, 2025, August 7, 2025, October 23, 2025, November 18, 2025, February 17, 2026, May 11, 2026 and June 1, 2026, respectively, of the Company’s issued and outstanding Ordinary Shares (the “Reverse Stock Splits”). See also Note 1. F-1.K and 26.3, 26.6 and 26.7.
[3] The share and per share information in these financial statements reflects the 1-for-75, 1-for-28.5, 1-for-4.1 1-for-7, 1-for-10.89958, 1-for-8,1:4.8828125, 1-for-20 and 1-for-2.285 reverse share splits became effective on July 15, 2024, January 15, 2025, June 16, 2025, August 7, 2025, October 23, 2025, November 18, 2025 February 17, 2026, May 11, 2026 and June 1, 2026, respectively, of the Company’s issued and outstanding Ordinary Shares (the “Reverse Stock Splits”). See also Note 1.F- 1.K and 26.3, 26.5 and 26.6.