v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 31,023 $ 49,151
Short-term deposits 10,459
Accounts receivables net of allowance for credit losses of $371 as of June 30, 2026, and $367 December 31, 2025, respectively. 1,887 2,013
Inventories 3,418 3,070
Prepaid expenses 918 1,255
Other current assets 1,740 845
TOTAL CURRENT ASSETS 38,986 66,793
NON-CURRENT ASSETS:    
Restricted deposit 394 361
Property and equipment, net 31,614 29,677
Goodwill 316 316
Operating lease right-of-use asset 3,311 3,518
Intangible assets 14,164 59,868
Other non-current assets 2,400 1,632
TOTAL NON-CURRENT ASSETS 52,199 95,372
TOTAL ASSETS 91,185 162,165
CURRENT LIABILITIES:    
Short-term loan 2,919 3,136
Accounts payable 2,138 2,886
Accrued expenses 2,868 4,224
Deferred revenue 601 534
Contingent short-term earnout liability 293 304
Current maturities of operating lease liabilities 979 950
Other current liabilities 3,916 4,854
TOTAL CURRENT LIABILITIES 13,714 16,888
NON-CURRENT LIABILITIES:    
Non-current operating lease liabilities 3,829 3,765
Non-current deferred revenue 6 17
Contingent long-term earnout liability 84 173
Deferred tax liability 411 600
Other long-term liabilities 673 990
TOTAL NON-CURRENT LIABILITIES 5,003 5,545
TOTAL LIABILITIES 18,717 22,433
COMMITMENTS AND CONTINGENCIES (Note 3)
SHAREHOLDERS’ EQUITY:    
Ordinary Shares, par value NIS 0.01 per share 100,000,000 authorized at June 30, 2026 and December 31, 2025, 70,061,338 and 69,590,228 issued and outstanding at June 30, 2026 and December 31, 2025, respectively 199 198
Additional paid-in capital 590,788 588,301
Accumulated deficit (518,519) (448,767)
TOTAL SHAREHOLDERS’ EQUITY 72,468 139,732
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 91,185 $ 162,165