v3.26.1
Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 677 $ 6,500
Short-term bank deposits 18,164 11,922
Accounts receivable 37
Governmental grant receivable 28
Other receivables and prepaid expenses 156 293
Inventories 588 778
TOTAL CURRENT ASSETS 19,613 19,530
NON-CURRENT ASSETS:    
Right-of-use assets 268 393
Property and equipment, net 148 67
TOTAL NON-CURRENT ASSETS 416 460
TOTAL ASSETS 20,029 19,990
CURRENT LIABILITIES:    
Accounts payables 116 62
Advance payments 12 47
Accrued payroll and other employment related accruals 778 629
Accrued expenses 325 333
Lease liabilities 203 309
TOTAL CURRENT LIABILITIES 1,434 1,380
Lease liabilities 45 57
TOTAL LIABILITIES 1,479 1,437
SHAREHOLDERS’ EQUITY    
Ordinary shares no par value: Authorized 500,000,000 as of June 30, 2026 and December 31, 2025; issued and outstanding 2,205,378 shares as of June 30, 2026 and 960,934 shares as of December 31, 2025 [1] 67 67
Additional paid-in capital 61,212 55,695
Accumulated losses (42,729) (37,209)
TOTAL SHAREHOLDERS’ EQUITY 18,550 18,553
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 20,029 $ 19,990
[1] The share and per share information in these financial statements reflects the 1-for-3 reverse share split of the Company’s issued and outstanding ordinary shares that became effective on March 11, 2026 and an additional 1-for-3 reverse share split of the Company’s issued and outstanding ordinary shares that became effective on June 22, 2026 (together, the “Reverse Share Splits”). See also Note 1c.