v3.26.1
LEASES
6 Months Ended
Jun. 30, 2026
Leases  
LEASES

NOTE 6 – LEASES

 

In March 2025, the Company entered into a lease agreement for its US office for the period from March 2025 until February 2027. The monthly lease payments are approximately $2.

 

In July 2025, Microbot Israel entered into a lease agreement for its Israel office for the period from July 2025 until October 2029. The monthly lease payments are approximately $21. To secure the lease payments, the Company issued a bank guarantee of $60 in favor of the facility’s lessor.

 

Additionally, the Company has several agreements for car leases.

 

Future minimum lease obligations under our non-cancelable lease agreements as of June 30, 2026 were as follows:

 

      
2026  $179 
2027   318 
2028   284 
2029   210 
Total future lease payments   991 
Less imputed interest   (115)
Total lease liabilities  $876 

 

The following table includes the weighted-average lease terms and discount rates for operating leases as of June 30, 2026:

 

Operating leases weighted average remaining lease term (in years)   3.14 
Operating leases weighted average discount rate   8.05%

 

The Company’s lease cost for the three and six months ended June 30, 2026 was $110 and $192, respectively. This cost is classified as operating lease expense in the Company’s consolidated statements of comprehensive loss for the three and six months ended June 30, 2026.

 

Cash paid under operating lease agreements for the six months ended June 30, 2026 was $195.

 

Right-of-use assets obtained in exchange for lease liabilities for the six months ended June 30, 2026 were $101.