v3.26.3
Unaudited condensed consolidated interim balance sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Mar. 31, 2026
Current assets    
Cash and cash equivalents $ 1,437 $ 473
Accounts receivable, net of allowance for expected credit losses of $7 and $6 968 1,635
Inventories 584 728
Deferred offering costs 1,014 988
Prepayments 2,657 1,466
Other current assets 994 469
Total current assets 7,654 5,759
Non-current assets    
Property, plant, and equipment, net of accumulated depreciation of $553 and $542 990 991
Intangible assets, net of accumulated amortization of $11 and $11 1 1
Operating lease right-of-use asset 744 777
Total non-current assets 1,735 1,769
Total assets 9,389 7,528
Current liabilities    
Accounts payable 3,663 3,904
Short-term debt 335 155
Current portion of long-term debt 1,645 1,159
Current portion of operating lease liability 167 169
Simple Agreements for Future Equity (“SAFEs”) 25,210
Convertible notes 33,260
Deferred revenue 1,510 467
Employee benefits payable 8 9
Federal and other taxes on income 31 12
Other current liabilities 906 529
Total current liabilities 8,265 64,874
Non-current Liabilities    
Long-term debt 371 681
Non-current portion of operating lease liability 635 657
Total non-current liabilities 1,006 1,338
Total liabilities 9,271 66,212
Commitments and contingencies (see Note 16)
Stockholders’ equity (deficit)    
Common stock ($0.0001 par value, 2,000,000 authorized shares; issued and outstanding 1,243,795 and 912,584 shares as of June 30, 2026 and March 31, 2026, respectively) 530
Convertible securities 936
Additional paid-in capital 61,628 3,520
Accumulated deficit (61,338) (63,512)
Accumulated other comprehensive loss (172) (158)
Total stockholders’ equity (deficit) 118 (58,684)
Total liabilities and stockholders’ equity $ 9,389 $ 7,528