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

NOTE 6 – SEGMENT INFORMATION

 

The Company operates as one operating segment. The Company’s chief operating decision maker (“CODM”) is its Chief Executive Officer, who reviews financial information presented on a consolidated basis. The CODM uses consolidated operating margin and net income to assess financial performance and allocate resources. These financial metrics are used by the CODM to make key operating decisions, such as the determination of the rate at which the Company seeks to grow global operating margin and the allocation of budget between cost of revenues, sales and marketing, technology and development, and general and administrative expenses.

 

The following table presents selected financial information with respect to the Company’s single operating segment for the three and six months ended June 30, 2026 and 2025:

 

   2026   2025   2026   2025 
  

For the period of

three months ended

June 30,

  

For the period of

six months ended

June 30,

 
   2026   2025   2026   2025 
   Unaudited   Unaudited 
                 
Revenues   -    1    -    4 
Cost of sales   -    4    -    8 
Gross profit (loss)   -    (3)   -    (4)
                     
Research and development expenses   225    221    434    215 
Amortization of intangible assets   534    -    1,067    - 
Sales and marketing expenses   52    32    75    49 
General and administrative expenses   496    97    915    208 
                     
Operating loss   (1,307)   (353)   (2,491)   (476)
                     
Change in fair value of convertible loans and warrant liability   (556)   358    (942)   314 
Financial expenses, net   (6)   (11)   (4)   (10)
                     
Net profit (loss)   (1,869)   (6)   

(3,437

)   (172)

 

 

TECHLOTT INC.

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS