v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 16,662 $ 11,033
Marketable securities 31,267 12,966
Accounts receivables 713 1,968
Prepaid expenses and other current assets 2,439 1,004
TOTAL CURRENT ASSETS 51,081 26,971
NON-CURRENT ASSETS:    
Restricted long-term deposits and cash equivalents 1,339 1,324
Property and equipment, net 130 140
Operating lease right-of-use assets 785 1,027
Other long-term assets 0 62
Funds in respect of employee rights upon retirement 421 393
TOTAL NON-CURRENT ASSETS 2,675 2,946
TOTAL ASSETS 53,756 29,917
CURRENT LIABILITIES:    
Accounts payable 906 735
Other accounts payable 3,502 4,941
Current maturities of operating leases 519 495
TOTAL CURRENT LIABILITIES 4,927 6,171
LONG-TERM LIABILITIES:    
Operating leases liabilities 251 496
Liability for employee rights upon retirement 482 439
TOTAL LONG-TERM LIABILITIES 733 935
TOTAL LIABILITIES 5,660 7,106
SHAREHOLDERS' EQUITY:    
Ordinary shares, NIS 1 par value – authorized: 5,000,000 as of December 31, 2025 and June 30, 2026, respectively; issued and outstanding: 2,786,158 and 3,273,999 as of December 31, 2025 and June 30, 2026, respectively 1,393 774
Additional paid-in capital 291,121 259,047
Accumulated deficit (244,418) (237,010)
TOTAL SHAREHOLDERS' EQUITY 48,096 22,811
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 53,756 $ 29,917