v3.26.3
Condensed Consolidated Interim Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,454 $ 4,221
Accounts receivable, net 1,400 1,264
Unbilled revenue 16 16
Prepaid expenses and other current assets 575 753
Customer incentive asset, current 193
Total current assets 3,638 6,254
Property and equipment, net 244 305
Customer incentive asset, non-current 364
Intangible assets, net 259 206
Deferred tax assets 11 11
Operating lease right-of-use assets 482 744
Other assets 11 16
Total assets 5,009 7,536
Current liabilities:    
Accounts payable 4,527 5,012
Accrued expenses and other current liabilities 4,734 4,618
Convertible notes payable, current 1,245
Related party loan payable, current 300 300
Forward purchase derivative liability 708 9,692
Operating lease liability, current 45 85
Short term debt 64 342
Cumulative mandatorily redeemable common and preferred stock liability, current 1,063  
Total current liabilities 12,686 20,049
Accounts payable non-current 143
Warrant liability 30 121
Cumulative mandatorily redeemable common and preferred stock liability, non-current 1,048
Operating lease liability 508 751
Total liabilities 13,224 22,112
Commitments and Contingencies
Stockholder’s deficit:    
Convertible preferred stock ($0.0001 par value, 5,000,000 shares authorized as of September 30, 2026 and December 31, 2025, respectively; Nil shares issued as of September 30, 2026 and December 31, 2025, respectively; Nil shares outstanding as of September 30, 2026 and December 31, 2025)
Common stock ($0.0001 par value, 500,000,000 shares authorized as of September 30, 2026 and December 31, 2025; 32,424,711 shares and 28,938,266 shares issued and outstanding as of September 30,2026 and December 31, 2025, respectively) 4 3
Additional paid in capital 35,821 31,311
Share subscription receivable (738) (11,005)
Accumulated deficit (43,573) (35,145)
Accumulated other comprehensive income 271 260
Total stockholders’ deficit (8,215) (14,576)
Total liabilities and stockholders’ deficit $ 5,009 $ 7,536