v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 5,037 $ 4,028
Restricted cash 280 280
Short term bank deposits 36,601 40,690
Trade receivable 807 571
Other assets – funds held in escrow 25,051 24,525
Derivative assets 237
Prepaid expenses and other receivables 1,733 1,685
Total current assets 69,746 71,779
Non-Current Assets    
Operating lease right-of-use assets 1,465 893
Property and equipment, net 999 1,176
Total non-current assets 2,464 2,069
Total assets 72,210 73,848
Current liabilities:    
Trade payables 422 774
Operating lease liabilities 485 679
Employees and payroll accruals 4,120 3,706
Convertible bonds 24,047 24,757
Accrued expenses and other payables 1,109 2,950
Derivative Liabilities 145 50
Total current liabilities 30,328 32,916
Long term liabilities    
Operating lease liabilities 1,375 1,351
Warrant Liability - ITAC 4 12
Total long-term liabilities 1,379 1,363
SHAREHOLDERS’ EQUITY:    
Ordinary Shares [1]
Capital & Premium 358,397 338,947
Accumulated Deficit (317,894) (299,378)
Total shareholders’ equity 40,503 39,569
Total liabilities and shareholders’ equity $ 72,210 $ 73,848
[1] Represents less than $1.