v3.26.1
Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 17,220 $ 25,677
Restricted cash 333
Short-term deposit 333
Accounts receivable 677 278
Unbilled receivables 682 615
Inventory 244 50
Other current assets 754 549
Total current assets 19,910 27,502
NON-CURRENT ASSETS:    
Property and equipment, net 249 346
Operating lease right-of-use assets 806 739
Severance pay asset 318 296
Other non-current assets 96 96
Total non-current assets 1,469 1,477
TOTAL ASSETS 21,379 28,979
CURRENT LIABILITIES:    
Accounts payable 448 480
Contract liabilities 342 165
Operating lease liabilities - short term 588 511
Accrued compensation expenses 1,586 1,400
Total current liabilities 3,423 2,998
NON-CURRENT LIABILITIES:    
Operating lease liabilities - long term 246 259
Liability for severance pay 318 296
Total non-current liabilities 564 555
TOTAL LIABILITIES 3,987 3,553
SHAREHOLDERS’ EQUITY:    
Common stock, $0.001 par value; 300,000,000 shares authorized as of June 30, 2026 and December 31, 2025, 16,806,905 and 16,357,327 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 17 17
Additional paid-in capital 89,889 88,418
Accumulated deficit (72,514) (63,009)
TOTAL SHAREHOLDERS’ EQUITY 17,392 25,426
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 21,379 28,979
Related Party [Member]    
CURRENT LIABILITIES:    
Other current liabilities 113 115
Nonrelated Party [Member]    
CURRENT LIABILITIES:    
Other current liabilities $ 346 $ 327