v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 2,363,403 $ 2,545,823
Trade receivables (net of allowance for credit loss of $907,299 and $886,420, as of June 30, 2026 and December 31, 2025, respectively) 1,298,210 588,949
Other current assets and prepaid expenses 556,844 267,019
Inventories 2,893,911 2,861,088
Total current assets 7,112,368 6,262,879
NON-CURRENT ASSETS:    
Restricted deposits 51,633 47,271
Property, plant and equipment, net 271,459 313,772
Severance pay fund 204,376 224,306
Operating lease right-of-use assets 251,188 356,264
Total non-current assets 778,656 941,613
Total assets 7,891,024 7,204,492
CURRENT LIABILITIES:    
Short term bank credit 2,002,195 2,001,495
Trade payables 659,983 631,472
Other current liabilities 1,300,745 1,082,317
Total current liabilities 4,208,488 3,985,903
NON-CURRENT LIABILITIES:    
Non-current operating lease liabilities 72,216 155,330
Convertible promissory notes 0 1,958,304
Accrued severance pay 427,033 503,372
Total non-current liabilities 499,249 2,617,006
Total liabilities 4,707,737 6,602,909
SHAREHOLDERS’ EQUITY:    
Ordinary Shares, no par value – Authorized: 100,000,000 shares at June 30, 2026 and December 31, 2025; Issued: 10,680,015 and 8,194,306 shares at June 30, 2026 and December 31, 2025, respectively; Outstanding: 10,559,300 and 8,073,591 shares at June 30, 2026 and December 31, 2025, respectively; 0 0
Treasury shares at cost (120,715 Ordinary Shares at June 30, 2026 and December 31, 2025) (119,536) (119,536)
Additional paid-in capital 23,664,744 18,266,456
Accumulated deficit (20,361,921) (17,545,337)
Total shareholders’ equity 3,183,287 601,583
Total liabilities and shareholders’ equity 7,891,024 7,204,492
Related Party    
CURRENT LIABILITIES:    
Current liabilities from related parties $ 245,565 $ 270,619