v3.26.1
Summary of Significant Accounting Policies and Basis of Presentation (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Summary of Significant Accounting Policies and Basis of Presentation [Abstract]    
Schedule of Fair Value on a Recurring Basis by Level within the Fair Value Hierarchy

The Company’s financial assets that are measured at fair value on a recurring basis by level within the fair value hierarchy are as follows:

 

    As of June 30, 2026  
    Level 1     Level 2     Level 3     Total  
    US$  
                         
Assets:                        
Marketable Securities     2,175       -       -       2,175  
Investment under the fair value option     1,127                       1,127  
Total assets     3,302       -       -       3,302  

 

    As of December 31, 2025  
    Level 1     Level 2     Level 3     Total  
    US$  
                         
Assets:                        
Marketable Securities     250       -       -       250  
Total assets     250       -       -       250  

The Company’s financial liabilities that are measured at fair value on a recurring basis by level within the fair value hierarchy are as follows:

    As of June 30, 2026  
    Level 1     Level 2     Level 3     Total  
    US$  
                         
Liabilities:                        
Stock purchase warrant liabilities     -       -       124,387       124,387  
Total liabilities     -       -       124,387       124,387  

 

    As of December 31, 2025  
    Level 1     Level 2     Level 3     Total  
    US$  
                         
Liabilities:                        
Private Placement Warrant     -       -       24,521       24,521  
Total liabilities     -       -       24,521       24,521  

The Company’s financial assets that are measured at fair value on a recurring basis by level within the fair value hierarchy are as follows:

 

    As of December 31, 2025  
    Level 1     Level 2     Level 3     Total  
    US$  
Assets:                        
Marketable Securities     250       -       -       250  
Total assets     250       -       -       250  

 

The Company’s financial liabilities that are measured at fair value on a recurring basis by level within the fair value hierarchy are as follows:

 

    As of December 31, 2025  
    Level 1     Level 2     Level 3     Total  
    US$  
Liabilities:                        
September 2025 Private Placement Warrant     -       -       24,521       24,521  
Total liabilities     -       -       24,521       24,521  

 

    As of December 31, 2024  
    Level 1     Level 2     Level 3     Total  
    US$  
Liabilities:                        
Embedded Derivative Liability     -       -       848       848  
June 2024 Warrants     -       -       5,334       5,334  
November 2024 Warrant     -       -       12,468       12,468  
Pre-funded Warrants     -       -       52,682       52,682  
Private Placement Warrant     -       -       94,287       94,287  
Total liabilities     -       -       165,619       165,619  
Schedule of Fair Value of the Level 3 Liabilities was Determined using Valuation Models The fair value of the Level 3 liabilities was determined using valuation models. Significant unobservable inputs include expected volatility, expected term, risk-free interest rate and discount rates.
    Private
Placement
Warrant		     February
2026
Warrants		     Derivative
liabilities		     Total  
Liabilities:                        
Outstanding at December 31, 2025     24,521       -       -       24,521  
Additions     -       25,429       -       25,429  
Liabilities assumed as part of subsidiary consolidated for the first time     -       -       8,779       8,779  
Exercised     (17,758 )     -       (3,153 )     (20,911 )
Changes in fair value     (6,763 )     98,958       (5,626 )     86,569  
Outstanding at June 30, 2026     -       124,387       -       124,387  

The following table presents the changes in fair value of the level 3 fair value measurements of the Company’s liabilities for the period from December 31, 2024 through December 31, 2025.

    Embedded
Derivative Liability		     June
2024 Warrants		     November 2024 Warrants     Pre-funded Warrants     Common
Stock Warrant		     Private Placement Warrant     Total  
Liabilities:                                          
Outstanding at December 31, 2024     848       5,334       12,468       52,682       94,287       -       165,619  
Additions     -                       -       -       23,435       23,435  
Exercised     (260 )     (1,054 )     (2,079 )     (10,229 )     (18,557 )     -       (32,179 )
Changes in fair value     (588 )     (4,280 )     (10,389 )     (42,453 )     (75,730 )     1,086       (132,354 )
Outstanding at December 31, 2025     -       -       -       -       -       24,521       24,521  

 

 

    Embedded
Derivative Liability		     June
2024 Warrants		     November 2024 Warrants     Pre-funded Warrants     Common
Stock Warrant		     Private Placement Warrant     Total  
Liabilities:                                          
Outstanding at October 1, 2024     -       -       -       -       -          -       -  
Additions     223       283       664       5,085       18,153       -       24,408  
Changes in fair value     625       5,051       11,804       47,597       76,134       -       141,211  
Outstanding at December 31, 2024     848       5,334       12,468       52,682       94,287       -       165,619  
Schedule of Estimated Useful Lives  
    %  
Furniture and office equipment     7-15  
Leasehold improvements     (*)  
Computers     33  
Vehicle     15  

 

(*) Leasehold improvements are amortized on a straight-line basis over the shorter of the lease term (including the extension option held by the Group and intended to be exercised) and the expected life of the improvement.
Schedule of Intangible Assets and their Useful Lives  

Intangible assets and their useful lives are as follows:

 

    Useful Life
(in Years)		  
       
Customer relationships     11  
Developed technology     15