v3.26.1
Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 8,152 $ 6,022
Restricted short-term bank deposits 251 251
Trade receivables 4 9
Other receivables and prepaid expenses 245 254
TOTAL CURRENT ASSETS 8,652 6,536
NON-CURRENT ASSETS:    
Property and equipment, net 873 929
Right-of-use assets, net 59 137
Investments in a joint venture accounted for using the equity method 549 534
TOTAL NON-CURRENT ASSETS 1,481 1,600
TOTAL ASSETS 10,133 8,136
CURRENT LIABILITIES:    
Loans from related party 1,057 1,042
Current maturities of long-term loan 163 139
Accounts payable and accruals:    
Trade 95 130
Other 1,113 1,181
Short term lease liabilities 54 133
TOTAL CURRENT LIABILITIES 2,482 2,625
NON-CURRENT LIABILITIES:    
Long-term loan 24
TOTAL NON-CURRENT LIABILITIES 24
TOTAL LIABILITIES 2,482 2,649
EQUITY:    
Common shares 116 102
Share premium 29,438 25,882
Treasury shares (77) (77)
Foreign currency translation reserve (1,208) (1,466)
Accumulated deficit (20,438) (18,768)
Capital and reserves attributable to parent company shareholders 7,831 5,673
Non-Controlling interest (180) (186)
TOTAL EQUITY 7,651 5,487
TOTAL LIABILITIES AND EQUITY $ 10,133 $ 8,136