v3.26.1
OPERATING SEGMENTS
 6 Months Ended
Jun. 30, 2026
Notes and other explanatory information [abstract]  
OPERATING SEGMENTS

NOTE 12 – OPERATING SEGMENTS AND MAJOR CUSTOMERS:

 

a)Operating segments

 

The Company and its subsidiaries are engaged in the following two segments, currently in one geographical location (Israel):

 

  1. Retail automation solutions – Smart Carts (“Smart Carts”)
     
  2. Manufacturing and selling of precision metal parts – “Precision Metal Parts”

 

                
   Six Months Ended June 30, 2026 
   Precision Metal Parts   Smart Carts   Total 
Revenues               
External  $2,358   $6,863   $9,221 
Total   2,358    6,863    9,221 
                
Cost of revenues               
External   1,310    5,260    6,570 
Total   1,310    5,260    6,570 
                
Segment operational loss (gain)   (289)    15,906    15,617 
Loss on revaluation of warrant liability             - 
Financial expenses (income), net             - 
Tax expenses             - 
Net loss            $15,617 

 

 

A2Z CUST2MATE SOLUTIONS CORP.

NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2026

(Unaudited)

(Expressed in Thousands of US Dollars, except per share data)

 

 

NOTE 12 – OPERATING SEGMENTS AND MAJOR CUSTOMERS (CONTINUED)

 

   Precision
Metal Parts		   Smart Carts   Total 
   Six Months Ended June 30, 2025 
   Precision Metal Parts   Smart Carts   Total 
Revenues            
External  $2,332  $375  $2,707 
Total   2,332    375    2,707 
                
Cost of revenues               
External   1,847    10    1,857 
Total   1,847    10    1,857 
                
Segment operational loss   66    13,306    13,372 
Loss on revaluation of warrant liability             3,735
Financial expenses (income), net             (187)
Tax expenses             - 
Net loss            $16,920 

 

                
   Three Months Ended June 30, 2026 
   Precision Metal Parts   Smart Carts   Total 
Revenues            
External  $1,491   $4,413   $5,904 
Total   1,491    4,413    5,904 
                
Cost of revenues               
External   611    2,781    3,392 
Total   611    2,781    3,392 
                
Segment operational loss   (295)    7,884    7,590 
Loss on revaluation of warrant liability             - 
Financial expenses (income), net             (254) 
Tax expenses             - 
Net loss            $7,336 

 

 

                
   Three Months Ended June 30, 2025 
   Precision Metal Parts   Smart Carts   Total 
Revenues               
External  $979   $181   $1,160 
Total   979    181    1,160 
                
Cost of revenues               
External   890    -    890 
Total   890    -    890 
                
Segment operational loss   140   6,657    6,797 
Loss on revaluation of warrant liability             4,135
Financial expenses, net             223
Tax expenses             - 
Net loss            $11,155 

  

 

A2Z CUST2MATE SOLUTIONS CORP.

NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2026

(Unaudited)

(Expressed in Thousands of US Dollars, except per share data)

 

 

NOTE 12 - OPERATING SEGMENTS AND MAJOR CUSTOMERS (CONTINUED)

 

                
   As at June 30, 2026 
   Precision Metal Parts   Smart Carts   Total 
Segment assets  $4,148   $70,032   $74,180 
                
Segment liabilities  $1,494   $9,799   $11,293 

 

                
   As at December 31, 2025 
  

Precision Metal Parts

   Smart Carts   Total 
Segment assets  $2,871   $82,289   $85,160 
                
Segment liabilities  $1,138   $7,601   $8,739 

  

b)Major customer data as a percentage of total revenues:

 

The following table sets forth the customers that represented 10% or more of the Company’s total revenues in each of the periods set forth below:

 

           
   Six months ended 
   June 30 
   2026   2025 
           
Customer A   28%   14%
Customer B   46%   -