v3.26.1
Segments of Operations (Tables)
 6 Months Ended
Jun. 30, 2026
Segments of Operations [Abstract]  
Schedule of Reportable Operating Segments Based on Net Sales and Operating Loss

The accounting policies of the various segments are the same as those described in Note 2, “Summary of Significant Accounting Policies” in the Annual Report.

 

    Six months ended June 30, 2026  
    Nanox.
ARC		     Radiology
Services		     AI and Software
Solutions		     Total  
Revenues     329       6,055       (*) 2,083       8,467  
Cost of revenues     3,713       4,785       5,536       14,034  
Cost of revenues – Impairment of intangible assets     -       -       40,695       40,695  
Segment gross profit (loss)     (3,384 )     1,270       (44,148 )     (46,262 )
Research and development, net     7,253       64       2,188       9,505  
Sales and Marketing     3,175       265       624       4,064  
General and administrative     9,037       919       728       10,684  
Other segment items (**)     (507 )     -       27       (480 )
Segment operating profit (loss)     (22,342 )     22       (47,715 )     (70,035 )
Financial income (expense), net                             308  
Loss before taxes on income                             (69,727 )
                                 
Depreciation expense     576       4       49       629  
Amortization expense    

-

       990       4,019       5,009  
Stock based compensation     1,310       302       98       1,710  
                                 
Total Assets     67,551       19,174       4,460       91,185  
Expenditures for segment’s assets     2,761       -       -       2,761  

 

(*) Including $1,844 thousand related to Nanox Health IT Inc.

 

(**)

Nanox.ARC - loss from disposal of property and equipment, rent income and remeasurement of a settlement with a shareholder.

AI and Software Solutions - change in the fair value of earn out liability obligation.

 

    Six months ended June 30, 2025  
    Nanox.
ARC		     Radiology
Services		     AI and
Software
Solutions		     Total  
Revenues     254       5,328       273       5,855  
Cost of revenues     3,570       4,402       4,172       12,144  
Segment gross profit (loss)     (3,316 )     926       (3,899 )     (6,289 )
Research and development, net     7,546       65       2,201       9,812  
Sales and Marketing     1,885       208       85       2,178  
General and administrative     8,522       1,606       137       10,265  
Other segment items (*)     37       -       -       37  
Segment operating loss     (21,306 )     (953 )     (6,322 )     (28,581 )
Financial income (expense), net                             616  
Loss before taxes on income                             (27,965 )
                                 
Depreciation expense     530       4       52       586  
Amortization expense     -       1,314       3,992       5,306  
Stock based compensation     1,817       370       90       2,277  
                                 
Total Assets     111,972       18,774       53,486       184,232  
Expenditures for segment’s assets     1,569       10       -       1,579  
(*) Nanox.ARC – loss from disposal of property and equipment and rent income.

 

    Three months ended June 30, 2026  
    Nanox.
ARC		     Radiology
Services		     AI and Software
Solutions		     Total  
Revenues     162       2,950       (*) 1,044       4,156  
Cost of revenues     1,948       2,077       3,110       7,135  
Cost of revenues – Impairment of intangible assets     -       -       40,695       40,695  
Segment gross profit (loss)     (1,786 )     873       (42,761 )     (43,674 )
Research and development, net     3,565       28       1,114       4,707  
Sales and Marketing     1,445       56       399       1,900  
General and administrative     4,563       458       423       5,444  
Other segment items (**)     (247 )     -       (1 )     (248 )
Segment operating profit (loss)     (11,112 )     331       (44,696 )     (55,477 )
Financial income (expense), net                             (61 )
Loss before taxes on income                             (55,538 )
                                 
Depreciation expense     286       3       25       314  
Amortization expense     -       495       2,009       2,505  
Stock based compensation     664       157       48       869  

 

(*) Including $934 thousand related to Nanox Health IT Inc.

 

(**)

Nanox.ARC – loss from disposal of property and equipment, rent income and remeasurement of a settlement with a shareholder.
    Three months ended June 30, 2025  
    Nanox.
ARC		     Radiology
Services		     AI and Software
Solutions		     Total  
Revenues     221       2,723       96       3,040  
Cost of revenues     1,961       2,242       2,077       6,280  
Segment gross profit (loss)     (1,740 )     481       (1,981 )     (3,240 )
Research and development, net     3,759       36       1,039       4,834  
Sales and Marketing     1,066       110       63       1,239  
General and administrative     4,322       734       71       5,127  
Other segment items (*)     51       -       -       51  
Segment operating loss     (10,938 )     (399 )     (3,154 )     (14,491 )
Financial income (expense), net                             (149 )
Loss before taxes on income                             (14,640 )
                                 
Depreciation expense     270       2       27       299  
Amortization expense     -       657       1,996       2,653  
Stock based compensation     882       186       43       1,111  

 

(*)

Nanox.ARC – loss from disposal of property and equipment and rent income.