v3.26.1
Other Current Liabilities
 6 Months Ended
Jun. 30, 2026
Other Liabilities, Current [Abstract]  
Other Current Liabilities

Note 6 – Other Current Liabilities:

 

   June 30   December 31 
   2026   2025 
Employees, salaries and related liabilities   430,943    462,110 
Deferred Revenue (1)   85,690    133,436 
Warranty provision   12,335    12,335 
Advances from customers   492,237    181,895 
Accrued expenses   311,525    165,110 
Other payables   35,987    11,726 
    1,368,717    966,612 

 

(1) The following table shows the change in deferred revenue for the respective periods:

 

   June 30   December 31 
   2026   2025 
Balance at the beginning of the period   133,436    142,340 
Deferred revenue relating to new sales   -    17,746 
Revenue recognized during the period   (47,746)   (26,650)
Balance at the end of the period   85,690    133,436 

 

Remaining Performance Obligations (“RPO”) represents contracted revenue that has not yet been recognized, which includes deferred revenue and amounts that will be recognized as revenue in future periods. As of June 30, 2026, the total RPO amounted to $2.2M, which the Company expects to recognize in the future.