v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 22,993 $ 12,202
Short-term deposits 77,646 60,924
Restricted deposits 4,133 3,777
Prepaid expenses and other receivables 2,059 1,395
Total current assets 106,831 78,298
LONG-TERM ASSETS:    
Long-term prepaid expenses 525 479
Property and equipment, net 19,127 19,661
Operating lease right-of-use assets 7,767 7,214
Total long-term assets 27,419 27,354
Total assets 134,250 105,652
CURRENT LIABILITIES:    
Trade payables 3,165 3,868
Other payables and accrued expenses 5,151 5,508
Current maturities of operating lease liabilities 1,316 1,131
Total current liabilities 9,632 10,507
LONG-TERM LIABILITIES:    
Long-term loan 6,804 6,352
Warrants liability 47,537 5,354
Operating lease liabilities 7,032 6,243
Deferred revenue 18,878
Deferred tax liability 312 97
Total long-term liabilities 80,563 18,046
Total liabilities 90,195 28,553
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:    
Ordinary shares of no-par value per share – Authorized: 362,116,800 shares as of December 31, 2025 and June 30, 2026; Issued and outstanding: 88,009,737 and 92,332,873 shares as of December 31, 2025 and June 30, 2026, respectively
Additional paid-in capital 302,943 267,235
Accumulated deficit (258,888) (190,136)
Total shareholders’ equity 44,055 77,099
Total liabilities and shareholders’ equity $ 134,250 $ 105,652