v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Fair Value Measurements (Tables) [Table]    
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis by Level of Fair Value Hierarchy
   
March 31, 2026
 
   
Level 3
   
Total
 
Financial Liabilities
           
Private Warrants to purchase ordinary shares
 
$
*
   
$
*
 
Promissory Notes
 
$
1,553
   
$
1,553
 
 
   
December 31, 2025
 
   
Level 3
   
Total
 
Financial Liabilities
           
Private Warrants to purchase ordinary shares
 
$
*
   
$
*
 
Promissory Notes
 
$
1,568
   
$
1,568
 
   
December 31, 2025
 
   
Level 3
   
Total
 
Financial Liabilities
           
Private Warrants to ordinary shares
 
$
*
   
$
*
 
Promissory Notes
 
$
1,568
   
$
1,568
 
 
   
December 31, 2024
 
   
Level 3
   
Total
 
Financial Liabilities
           
Private Warrants to ordinary shares
 
$
2
   
$
2
 
Promissory Notes
 
$
3,965
   
$
3,965
 
Schedule of Fair Value of Liabilities Classified Under Level 3
   
Three months ended March 31
 
   
2026
   
2025
 
   
Promissory Notes
   
Private Warrants to purchase ordinary shares
   
Promissory Notes
   
Private Warrants to purchase ordinary shares
 
Fair value at the beginning of the period
 
$
1,568
   
$
*
   
$
3,965
   
$
2
 
Change in fair value
   
(15
)
   
(
*)
   
93
     
(1
)
Repayments
   
-
     
-
     
(709
)
   
-
 
Conversion to equity
   
-
     
-
     
(356
)
   
-
 
Fair value at the end of the period
 
$
1,553
   
$
*
   
$
2,993
   
$
1
 
   
2025
 
   
Promissory Notes
   
Private Warrants to purchase ordinary shares
 
Fair value at the beginning of the year
 
$
3,965
   
$
2
 
Change in fair value
   
292
     
(2
)
Repayments
   
(709
)
   
-
 
Conversion to equity
   
(1,980
)
   
-
 
Fair value at the end of the year
 
$
1,568
   
$
*
 
 
* Represents an amount less than $1
 
   
2024
 
   
Promissory Notes
   
Warrants to purchase preferred shares
   
Private Warrants to purchase ordinary shares
 
Fair value at the beginning of the year
 
$
-
   
$
200
   
$
-
 
Issuance
   
4,622
     
-
     
1,130
 
Change in fair value
   
(407
)
   
134
     
(1,128
)
Repayments
   
(250
)
   
-
     
-
 
Conversion to equity
   
-
     
(334
)
   
-
 
Fair value at the end of the year
 
$
3,965
   
$
-,-
   
$
2
 
Schedule of Quantitative Information Regarding Level 3 Fair Value Measurements Inputs
   
March 31, 2026
 
Volatility*
   
115.5
%
Risk Free Rate
   
3.7
%
 
* The estimation of the volatility was based on the volatility of the Company’s daily share prices for a period equal to the term of the Promissory Note.
   
December 31,
   
December 31,
 
 
 
2025
   
2024
 
Volatility
   
100.41
%
   
77.69
%
Term (years)
   
3.62
     
4.62
 
Dividend yield
   
0
%
   
0
%