v3.26.1
Condensed Consolidated Interim Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:              
Net loss $ (11,160) $ (6,589) $ (4,508) $ (1,257) $ (17,749) $ (5,765)  
Adjustments to reconcile net loss to net cash used in operating:              
Depreciation and amortization         209 5  
Deferred income taxes         (47)  
Issuance of shares to employees and service providers         909 1,955  
Share based compensation to employees and directors         160 1  
Gain from sales of property and equipment         (3)  
Expenses funded by non-controlling interests         8  
Gain from standby equity purchase agreement II         (386)  
Expenses from standby equity purchase agreement II         182  
Interest in respect of loans         375 30  
Gain from deconsolidation of subsidiary         (880) (44)  
Goodwill impairment     6,291  
Change in fair value of non-current warrant liability         7,507 94  
Change in fair value of credit facility         (30) 33  
Change in fair value of stock purchase warrants warrant liabilities         975 1,632  
Change in fair value of investment in nonconsolidated affiliate         602  
Change in fair value of short term loan         (113) (101)  
Change in fair value of Solar Photovoltaic joint venture project         (97) (218)  
Change in fair value of investment in marketable securities         174 36  
Change in fair value of contingent considerations         (210)  
Decrease (increase) in accounts receivable         130 (52)  
Decrease (increase) in inventory         (3) 5  
Decrease in prepaid expenses and other current assets         393 84  
Increase (decrease) in accounts payable         (28) 1  
Increase in other liabilities         454 184  
Decrease in operating lease expense         6 9  
Change in operating lease liabilities         (6) (7)  
Net cash used in operating activities         (1,958) (1,337)  
CASH FLOWS FROM INVESTING ACTIVITIES:              
Investment in solar projects under development         (199) (495)  
Purchase of property         (72)  
Proceeds from sales of property and equipment         3  
Cash and cash equivalents deconsolidated upon loss of control         (210) (25)  
Short term loan granted         (500)  
Investment in Solar Photovoltaic joint venture project         (79) (608)  
Net cash used in investing activities         (560) (1,625)  
CASH FLOWS FROM FINANCING ACTIVITIES:              
Proceeds from credit facility         1,105  
Repayment of credit facility         (439)  
Proceeds from issuance of shares and warrants         4,150 1,500  
Proceeds from exercise of warrants         1,768  
Repayments of short term loan         (900)  
Proceeds from purchase agreement, net         2,896  
Net cash provided by financing activities         6,146 3,934  
Effect of exchange rate changes on cash and cash equivalents         22 (18)  
INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH         3,650 954  
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR   $ 4,013   $ 2,209 4,013 2,209 $ 2,209
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF YEAR $ 7,663   $ 3,163   7,663 3,163 $ 4,013
Cash paid during the year for:              
Interest         77  
Non cash transactions:              
Initial recognition of operating lease liability and a corresponding right-of- use asset         24  
Reclassification of warrant liabilities to equity upon exercise of warrants         2,703  
Issuance of shares for future credit line         300  
Issuance of shares for future services         29  
Investment in marketable securities in exchange for shares of a  subsidiary         $ 1,192