v3.26.1
Condensed Consolidated Interim Statements of Cash Flows
₪ in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2026
ILS (₪)
Jun. 30, 2025
ILS (₪)
Statement of cash flows [abstract]      
Net cash used in operating activities (see appendix) $ (5,900) ₪ (17,571) ₪ (15,570)
Cash Flows from Investing Activities      
Purchase of property and equipment (45) (134) (97)
Proceeds from short-term deposits 6,458 19,231 (2,289)
Interest received 434 1,291 964
Net cash provided by investing activities, net 6,847 20,388 (1,422)
Cash Flows from Financing Activities      
Proceeds from private placement 7,558 22,507
Transaction costs related to private placement (584) (1,738)
Exercise of options 4
Payment to the Israel Innovation Authority (53) (160) (287)
Receipt of grants from Israel Innovation Authority 1,319
Principal portion of lease payments (218) (652) (574)
Interest portion of lease payments (20) (59) (94)
Net cash provided by (used in) financing activities 6,683 19,898 368
Increase (decrease) in cash and cash equivalents 7,630 22,715 (16,624)
Cash and cash equivalents at beginning of the year 7,255 21,604 41,170
Exchange differences on cash and cash equivalents (250) (735) (105)
Cash and cash equivalents at end of the year 14,635 43,584 24,441
Net loss (11,775) (35,072) (23,157)
Adjustments for:      
Depreciation and amortization 511 1,521 1,432
Share-based compensation 107 320 506
Financial expenses (income) 4,207 12,527 (15)
Exchange differences 546 1,627 3,356
Adjustments for profit loss 5,371 15,995 5,279
Changes in operating asset and liability items:      
Decrease in trade receivables 592 1,762 1,240
Increase in other receivables (149) (441) (22)
Increase (decrease) in inventory (53) (157) 1,465
Increase (decrease) in trade payables 498 1,483 (207)
Decrease in other payables and accruals (97) (286) (379)
Increase (decrease) in contract liabilities (288) (857) 193
Increase in liability of share-based compensation 1 2 18
Changes in operating asset and liability items, net 504 1,506 2,308
Net cash used in operating activities (5,900) (17,571) (15,570)
Supplemental information on non-cash transactions:      
Changes in right-of-use asset and lease liabilities 37 110  
Changes in share-based compensation liability ₪ (268)