v3.26.1
SEGMENT REPORTING
6 Months Ended
Jun. 30, 2026
SEGMENT REPORTING  
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, manages the business, makes business decisions and assesses performance. The Company has one reportable segment specializing in the development of development and commercialization of best-in-class autologous cellular therapies for the treatment of ALS.

The management assesses performance for this segment and decides how to allocate resources based on operating expenses excluding non-cash items and net loss. These expenses are comprised of research and development expenses related to personnel, facility, and general and administrative costs. The measure of segment assets is reported on the balance sheet as cash and cash equivalents. The management performs the assessment of segment performance by using the reported measure of segment profit or loss to monitor budget versus actual results.

The table below summarizes the significant expense categories regularly reviewed by the CODM for the six months ended June 30, 2026 and 2025:

Six months ended

June 30, 

2026

  ​ ​ ​

2025

  ​ ​ ​

U.S. $ in thousands

Research and Development expenses (*):

Payroll and payroll related

$

688

$

822

Subcontractors and consultants

 

141

 

725

Other

 

350

 

352

General and Administrative expenses (*)

 

 

Payroll and payroll related

 

1,104

 

1,357

Professional services

 

539

 

566

Other

 

376

 

517

Other segment items:

 

 

Share-based payments

 

2,377

 

1,220

Finance expense (income), net

 

323

 

284

Gain on change in fair value of Warrants liability

 

 

(179)

Depreciation

 

84

 

103

Net loss

$

5,982

$

5,767

(*) Excluding share-based payment, depreciation and gain on change in fair value of warrants liability.