v3.26.3
LIABILITIES IN RESPECT OF GOVERNMENT GRANTS
6 Months Ended
Jun. 30, 2026
Disclosure Of Liabilities In Respect Of Government Grant [Abstract]  
LIABILITIES IN RESPECT OF GOVERNMENT GRANTS

NOTE 5: - LIABILITIES IN RESPECT OF GOVERNMENT GRANTS

 

   

June 30,

2026

   

December 31,

2025

 
    Unaudited     Audited  
             
Balance at January 1,   $ 3,129     $ 4,650  
Grants received     101       106  
Royalties paid     (20 )     (461 )
Amounts recorded in profit or loss     9       (1,166 )
                 
    $ 3,219     $ 3,129  

 

The Company received research and development grants from the Israel Innovation Authority (“IIA”) and undertook to pay royalties of 3%-4% of revenues derived from research and development projects that were financed by the IIA, of up to 100% of the grants received (including accrued interest). As of June 30, 2026, the Company had received cumulative grants amounting to $9,856 (including accrued interest), of which $4,376 were repaid to date.