v3.26.1
Unaudited Condensed Consolidated Interim Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Loss for the period $ (1,647) $ (548)
Loss for the period Adjustments required to reconcile net loss for the period to net cash used in operating activities:    
Depreciation 52 29
Share based compensation 263 77
Interest on loans from related parties 4 4
Changes in fair value of warrant liability 214
Reduction in the carrying amount of right-of-use assets 28 27
Change in operating lease liabilities (27) (13)
Loss from sale of property and equipment 10
Increase in trade receivable (122) (106)
Decrease (increase) in other current assets 19 (44)
Increase in accounts payable 48 39
Decrease in other liabilities (115) (53)
Net cash used in operating activities (1,283) (578)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (96)
Net cash used in investing activities (96)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Share issuance, net of offering costs 7,524
Net cash provided by financing activities 7,524
Effect of exchange rate changes on cash and cash equivalents (2) 2
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 6,239 (672)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD 750 1,287
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 6,989 615
Non cash transactions:    
Acquisition of vehicle via non-cash trade-in. $ 17