v3.26.1
Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating activities:        
Net loss $ (5,627) $ (3,500) $ (9,298) $ (6,101)
Adjustments to reconcile net loss to net cash flows used in operating activities:        
Depreciation of property and equipment     27 27
Interest income and unrealized gains from marketable securities     (215) (119)
Share-based compensation 433 237 655 493
Changes in assets and liabilities:        
Accounts receivable     (176)
Inventory     (2,323)
Prepaid expenses and other assets     69 161
Other payables and accrued liabilities     1,219 92
Net cash flows used in operating activities     (10,042) (5,447)
Investing activities:        
Purchases of property and equipment     (250) (22)
Purchases of marketable securities     (1,070) (31,918)
Proceeds from sales of marketable securities     11,750 5,801
Increase in long-term deposit     (148)
Increase in restricted deposit     (814)
Net cash flows provided by (used in) investing activities     9,468 (26,139)
Financing activities:        
Issuance of common stock and warrants, net     16 32,558
Net cash flows provided by financing activities     16 32,558
Increase (decrease) in cash, cash equivalents and restricted cash     (558) 972
Cash, cash equivalents and restricted cash at beginning of period     3,973 3,163
Cash, cash equivalents and restricted cash at end of period 3,415 4,135 3,415 4,135
Supplemental disclosure of non-cash investing and financing activities:        
Right-of-use assets obtained in exchange for lease liabilities     101 89
Issuance costs not paid     93
Deferred issuance costs     30
Supplemental disclosure of cash flow information:        
Cash and cash equivalents 3,152 4,082 3,152 4,082
Restricted cash 263 53 263 53
Cash, cash equivalents and restricted cash $ 3,415 $ 4,135 $ 3,415 $ 4,135