v3.26.3
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (6,354) $ (6,398)  
Adjustments to reconcile net loss to net cash used by operating activities:      
Depreciation 200 73  
Capital loss (gain) (19) 7  
Share based compensation 756 1,838  
Revaluation of financial liability at fair value (550) (689)  
Prepayments of lease liabilities (10) (17)  
Increase in account receivables (573) 0  
Decrease in right of use assets 79 86  
Decrease (increase) in other current assets (174) 174  
Increase in trade accounts payable 359 16  
Increase in other accounts payable 2,071 111  
Decrease in deferred revenue (177) 0  
Financial expenses due to contingent consideration liability at fair value 40 0  
Decrease (increase) in inventory 443 (267)  
Unrealized foreign exchange (gain) loss 17 (21)  
Net cash used in operating activities (3,892) (5,087)  
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property, plant and equipment (86) (101)  
Business combination of AME and Fabrica Product Lines (2,000) 0  
Sale of property, plant and equipment 61 0  
Change in deposits, net 0 668  
Net cash provided by (used in) investing activities (2,025) 567  
CASH FLOWS FROM FINANCING ACTIVITIES:      
Issuance of ordinary shares, pre-funded warrants and ordinary warrants, net 13,415 0  
Issuance of ordinary shares pursuant to an at-the-market facility, net 0 1,511  
Exercise of warrants and pre-funded warrants, net 34 0  
Exercise of options 39 8  
Net cash provided by financing activities 13,488 1,519  
     
Effect of exchange rate changes on cash and cash equivalents (17) 21  
Net increase (decrease) in cash and cash equivalents and restricted cash 7,571 (3,001)  
Cash, cash equivalents and restricted cash at the beginning of the period 3,257 5,201 $ 5,201
Cash, cash equivalents and restricted cash at the end of the period 10,811 2,221 3,257
Cash and cash equivalents 10,666 2,126 $ 3,159
Restricted Cash 145 95  
Total cash, cash equivalents and restricted cash shown in the statement of cash flows 10,811 2,221  
Accrued issuance expenses (6) 0  
Reclassification of private warrants from liability to equity following change of terms 385 0  
Issuance of ordinary shares- commitment fee 147 0  
Interest paid 108 $ 32  
AME AND FABRICA PRODUCT LINES [Member]      
     
Right of use assets, net 1,482    
Inventory 2,520    
Fixed assets 2,251    
Accounts Receivable 252    
Lease liabilities (1,482)    
Deferred Revenue (1,377)    
Royalty-bearing grant liability (690)    
Contingent consideration liability (956)    
Total cash paid $ 2,000