v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (25,369) $ (23,250)
Adjustments to reconcile loss to net cash used in operating activities:    
Depreciation and amortization 511 316
Loss on property and equipment 13
Share-based compensation to employees, directors and non-employee consultants 3,726 2,143
Increase in fair value of simple agreement for future equity, or SAFE, liability 80
Decrease in fair value of warrant and pre-funded warrant liability (556)
Decrease (increase) in customer receivable, net 149 (202)
Decrease (increase) in prepaid expenses, other current assets and other long-term assets (47) 1
Decrease in trade payables (77) (235)
Increase in other accounts payable, accrued vacation and recuperation, deferred tax liabilities and accrued expenses 124 377
Increase (decrease) in advances from customers (80) 105
Increase in operating lease right-of-use asset and liability, net 1,458 834
Decrease in interest receivable on short-term deposits and restricted bank deposits 27 91
Effect of exchange rate changes on cash, cash equivalents, deposits, restricted cash and restricted bank deposits (128) (1,055)
Increase in short-term interest payable and exchange rate differences related to the EIB loan, net 142 3,262
Decrease in accrued severance pay, net (117) (42)
Net cash used for operating activities (19,588) (18,211)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (633) (1,618)
Proceeds from sale of property and equipment 18
Proceeds from short-term deposits, net 10,518 9,271
Cash related to the Kokomodo Transaction (defined below) 373
Net cash provided by investing activities 9,903 8,026
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance of common shares, pre-funded warrants and warrants, net of issuance costs 5,074 9,580
Proceeds from the advance towards share subscription 1,250
Issuance costs related to issuance of shares in the Kokomodo Transaction (defined below) (47)
Proceeds from SAFE 714
Net cash provided by financing activities 7,038 9,533
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH 27 177
Decrease in cash, cash equivalents, restricted cash and restricted bank deposits (2,620) (475)
Cash, cash equivalents, restricted cash and restricted bank deposits at the beginning of the period 7,196 7,671
Cash, cash equivalents, restricted cash and restricted bank deposits at the end of the period 4,576 7,196
Reconciliation of cash, cash equivalents and restricted cash reported in the consolidated balance sheets:    
Cash and cash equivalents 3,529 5,895
Restricted cash 29 422
Long-term restricted bank deposits 1,018 879
Total cash, cash equivalents, restricted cash and restricted bank deposits 4,576 7,196
(a) Supplemental disclosure of non-cash activities:    
Purchase of property and equipment on credit 3 90
The Kokomodo Transaction (defined below) 4,686
Lease liabilities arising from obtaining right-of-use assets $ 250 $ 1,080