v3.26.1
Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 2,435 $ 1,018
Restricted deposits 48 20
Accounts receivable 281 315
Related parties 339
Other current assets 394 299
Total current assets 3,497 1,652
NON-CURRENT ASSETS    
Deferred taxes 5 12
Property and equipment, net 205 56
Investment in equity securities 600 600
Intangible assets, net 2,299 2,045
Goodwill 20,721 6,392
Investments accounted for using the equity method 3,840
Total non-current assets 27,670 9,105
Total assets 31,167 10,757
CURRENT LIABILITIES    
Accounts payable 1,146 1,204
Government authorities 368 355
Earn-out payable 268 201
Short-term loans 262 260
Current maturities of long-term loans 781 781
Short-term convertible loans 667 867
Related parties 83
Other payables 472 395
Total current liabilities 4,047 4,063
NON-CURRENT LIABILITIES    
Long-term loans, net of current maturities 195 586
Deferred taxes 416 326
Earn-out liability 726 793
Total non-current liabilities 1,337 1,705
Commitments and Contingencies
SHAREHOLDERS’ EQUITY    
Common stock of $0.0001 par value - Authorized: 490,000,000 shares; Issued and outstanding: 18,829,198 and 10,670,392 shares as of June 30, 2026, and December 31, 2025, respectively. 5 4
Additional paid-in capital 69,945 51,032
Accumulated deficit (44,167) (46,047)
Equity attributed to shareholders of Quantum X Labs Inc. 25,783 4,989
Non-controlling interests
Total equity 25,783 4,989
Total liabilities and shareholders’ equity $ 31,167 $ 10,757