v3.26.1
Segment Reporting
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT REPORTING

NOTE 7 – SEGMENT REPORTING

 

Segment information is prepared on the same basis that the Chief Executive Officer, who is the Company’s Chief Operating Decision Maker (“CODM”), manages the business, makes business decisions and assesses performance. The Company has two reportable segments:

 

  1. Specializing in development of an innovative wireless electric vehicles (EV) charging technology, as described in Note 1B.

 

  2. Research, development and production of micro-mobility vehicles for the urban environment for the business and private markets from the acquisition of Revoltz, as described in Note 1.F and Note 3.

 

    Six months ended
June 30, 2026
Unaudited
 
    Charging
Technology
    Revoltz Technology     Total  
                   
Research and development costs, net   $ (98 )     (304 )   $ (402 )
General and administrative costs     (559 )     (155 )     (714 )
Financial income, net     18       -       18  
Tax income     -       70       70  
                         
Loss     (639 )     (389 )     (1,028 )

 

    Six months ended
June 30, 2025
 
    Unaudited  
    Charging
Technology
    Total  
             
Research and development costs, net   $ (145 )   $ (145 )
General and administrative costs     (337 )     (337 )
Share in loss of affiliate     (42 )     (42 )
Other income     1,287       1,287  
Financial expenses, net     (67 )     (67 )
Profit     696       696  

 

 

 

    Three months ended
June 30, 2026
Unaudited
 
    Charging
Technology
    Revoltz Technology     Total  
                   
Research and development costs, net   $ (50 )     (152 )   $ (202 )
General and administrative costs     (257 )     (76 )     (333 )
Financial income, net     50       -       50  
Tax income     -       35       35  
                         
Loss     (257 )     (193 )     (450 )

 

    Three months ended
June 30, 2025
 
    Unaudited  
    Charging
Technology
    Total  
             
Research and development costs, net   $ (73 )   $ (73 )
General and administrative costs     (188 )     (188 )
Share in loss of affiliate     (38 )     (38 )
Other income     1,287       1,287  
Financial expenses, net     (58 )     (58 )
Profit     930       930  

 

(*) The results of Revoltz for the three-and-six months ended June 30, 2025, are not material and therefore are not presented