v3.26.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net loss for the period $ (3,563) $ (4,709)
Adjustments:    
Depreciation and Amortization 8 8
Share-based compensation 899 306
Finance income, net 5
Changes in assets and liabilities:    
Decrease in operating right of use asset 170 42
Decrease in operating lease liability (170) (33)
Decrease in other receivables 25 141
Decrease in trade payables (15) (67)
Increase in other payables 651 312
Net cash used in operating activities (1,990) (4,000)
Cash flows from investing activities    
Change in restricted deposit (4) (8)
Purchase of property, plant and equipment (2) (5)
Net cash (used in investing activities (6) (13)
Cash flows from financing activities    
Exercise of options [1] 13
Issuance of shares 2,112 1,353
Issuance costs (46) (65)
Net cash provided by financing activities 2,066 1,301
Effects of exchange rate changes on cash and cash equivalents (5)
Net increase (decrease) in cash and cash equivalents 65 (2,712)
Cash and cash equivalents at beginning of the period 166 3,378
Cash and cash equivalents at end of the period 231 666
Non-cash financing activities:    
Issuance of shares to service provider $ 55
[1] less than 1 thousands.