v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Jun. 30, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 3,529 $ 5,895
Short-term bank deposits 4,275 14,718
Restricted cash 29 422
Customer receivables, net 87 236
Prepaid expenses and other current assets 810 824
Total current assets 8,730 22,095
LONG-TERM ASSETS:    
Restricted bank deposits 1,018 879
Severance pay fund 702 610
Property and equipment, net 1,566 1,823
Advances for property and equipment 861 420
Intangible assets, net 2,613 2,793
Goodwill 3,136 3,136
Operating lease right-of-use asset 6,164 6,900
Other long-term assets 88 27
Total long-term assets 16,148 16,588
Total assets 24,878 38,683
CURRENT LIABILITIES    
Trade payables 702 866
Accrued expenses 928 1,178
Operating lease liability 996 659
Accrued vacation and recuperation 911 859
Advances from customers 68 148
Loan from the European Investment Bank, or EIB 27,431 27,289
Other accounts payable 1,683 1,329
Total current liabilities 32,719 32,328
LONG-TERM LIABILITIES    
Accrued severance pay 678 703
Operating lease liability 6,487 6,102
Deferred tax liabilities 384 415
Simple Agreement for Future Equity, or SAFE 794
Advance towards share subscription 1,250
Total long-term liabilities 9,593 7,220
COMMITMENTS AND CONTINGENCIES
Share capital:    
Common shares, $0.00001 par value per share: authorized: 37,500,000 as of June 30, 2026 and 2025; issued and outstanding: 10,824,311 and 7,893,767 shares as of June 30, 2026 and 2025, respectively [1]
Additional paid-in capital 443,840 436,213
Accumulated deficit (466,876) (443,055)
Total shareholders’ deficit (23,036) (6,842)
Non-controlling interests 5,602 5,977
Total deficit (17,434) (865)
Total liabilities and deficit $ 24,878 $ 38,683
[1] Less than $1