v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 2,654 $ 1,661
Restricted cash 199 150
Prepaid expenses and other receivables 561 170
Trade receivables 74 73
Total current assets 3,488 2,054
NON-CURRENT ASSETS:    
Property, plant and equipment, net 10,711 7,793
Operating lease right-of-use assets 2,976 1,779
Total non-current assets 13,687 9,572
Total assets 17,175 11,626
CURRENT LIABILITIES:    
Trade payables 844 407
Operating lease liabilities 369 329
Other payables 1,019 849
Total current liabilities 2,232 1,585
NON-CURRENT LIABILITIES:    
Loan from others 285 294
Non-current operating lease liabilities 2,926 1,644
Total non-current liabilities 3,211 1,938
CONTINGENT LIABILITIES AND COMMITMENTS
SHAREHOLDERS’ EQUITY:    
Ordinary shares of no par value: Authorized: 1,600,000,000,000 shares at June 30, 2026 and at December 31, 2025; Issued and outstanding 22,800,887,584, shares at June 30, 2026 and 13,872,899,584 shares at December 31, 2025
Preferred shares, no par value; Authorized: 1,000 shares at June 30, 2026 and 1,000 shares at December 31, 2025 (redemption amount of $34,000); Issued and outstanding: 1,000 shares at June 30, 2026 and 1,000 shares at December 31, 2025. 5,627 5,627
Additional paid-in capital 132,516 130,062
Accumulated deficit (124,272) (125,846)
Accumulated other comprehensive loss (2,139) (1,740)
Total shareholders’ equity 11,732 8,103
Total liabilities and shareholders’ equity $ 17,175 $ 11,626