v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Measurements [Table]  
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis by Level of Fair Value Hierarchy
   
June 30, 2026
 
   
Level 3
   
Total
 
Financial Liabilities
           
Private warrants to purchase ordinary shares
 
$
*
   
$
*
 
Related Party Promissory Note
 
$
985
   
$
985
 
 
   
December 31, 2025
 
   
Level 3
   
Total
 
Financial Liabilities
           
Private warrants to purchase ordinary shares
 
$
*
   
$
*
 
Promissory Notes
 
$
1,568
   
$
1,568
 
Schedule of Fair Value of Liabilities Classified Under Level 3
   
Six months ended
June 30, 2026
   
Three months ended
June 30, 2026
 
   
Related Party Promissory Note
   
Private warrants to purchase  ordinary shares
   
Related Party Promissory Note
   
Private warrants to purchase  ordinary shares
 
Fair value at the beginning of the period
 
$
1,568
   
$
*
   
$
1,553
   
$
*
 
Change in fair value
   
(169
)
 
$
(
*)
   
(154
)
 
$
(
*)
Conversion to equity
   
(414
)
   
-
     
(414
)
   
-
 
Fair value at the end of the period
 
$
985
   
$
*
   
$
985
   
$
*
 
 
* Represents an amount less than $1

 

   
Six months ended
June 30, 2025
   
Three months ended
June 30, 2025
 
   
Promissory Notes
   
Private warrants to purchase ordinary shares
   
Promissory Notes
   
Private warrants to purchase ordinary shares
 
Fair value at the beginning of the period
 
$
3,965
   
$
2
   
$
2,993
   
$
1
 
Change in fair value
   
290
     
(2
)
   
197
     
(1
)
Repayments
   
(709
)
   
-
     
-
     
-
 
Conversion to equity
   
(356
)
   
-
     
-
     
-
 
Fair value at the end of the period
 
$
3,190
   
$
*
   
$
3,190
   
$
*
 
Schedule of Quantitative Information Regarding Level 3 Fair Value Measurements Inputs
   
June 30,
2026
 
Volatility*
   
146.5
%
Risk Free Rate
   
3.91
%
 
   
* The estimation of the volatility was based on the volatility of the Company’s daily share prices for a period equal to the term of the Related Party Promissory Note.