v3.26.1
Equity (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Stock-Based Expense Recognized in the Financial Statements for Services

The stock-based expense recognized in the financial statements for services received is related to research and development (“R&D”), sales and marketing (“S&M”) and general and administrative (“G&A”) expenses as shown in the following table:

 

    Six months ended
June 30,
    Three months ended
June 30,
 
    2026     2025     2026     2025  
    USD
thousands
    USD
thousands
    USD
thousands
    USD
thousands
 
Stock-based compensation expense – research and development   $ 2,831     $ 866     $ 138     $ 330  
Stock-based compensation expense – sales and marketing     89       405       (4 )     179  
Stock-based compensation expense – general and administrative     1,511       984       89       357  
Total   $ 4,431     $ 2,255     $ 223     $ 866  
Schedule of Black-Scholes Option-Pricing Model

The fair value of each option award granted in February 2026 is estimated on the date of grant using the Black-Scholes option-pricing model that used the weighted average assumptions in the following table:

 

    2026 Grants  
Dividend yield   $ -  
Expected volatility     60.78 – 61.84 %
Risk-free interest     3.77-3.82 %
Expected term     5.64 – 6.13 years  
Exercise price   $ 0.16 – 9.37  
Share price   $ 11  
Total fair value (USD Thousands)   $ 626