v3.26.3
Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Jun. 30, 2026
CURRENT ASSETS:    
Cash and cash equivalents $ 3,460 $ 3,529
Short-term bank deposits 4,218 4,275
Restricted cash 28 29
Customer receivables, net 372 87
Prepaid expenses and other current assets 861 810
Total current assets 8,939 8,730
LONG-TERM ASSETS:    
Restricted bank deposits 1,039 1,018
Severance pay fund 692 702
Property and equipment, net 1,784 1,566
Advances for property and equipment 840 861
Intangible assets, net 2,568 2,613
Goodwill 3,136 3,136
Operating lease right-of-use asset 5,906 6,164
Other long-term assets 25 88
Total long-term assets 15,990 16,148
Total assets 24,929 24,878
CURRENT LIABILITIES    
Trade payables 1,096 702
Accrued expenses 991 928
Operating lease liability 956 996
Accrued vacation and recuperation 697 911
Advances from customers 51 68
Loan from the European Investment Bank, or EIB 27,528 27,431
Other accounts payable 1,511 1,683
Total current liabilities 32,830 32,719
LONG-TERM LIABILITIES    
Accrued severance pay 665 678
Operating lease liability 5,993 6,487
Deferred tax liabilities 376 384
Simple Agreement for Future Equity, or SAFE 1,794 794
Advance towards share subscription 1,250
Total long-term liabilities 8,828 9,593
COMMITMENTS AND CONTINGENCIES
Share capital:    
Common shares, $0.00001 par value per share: Authorized: 37,500,000 as of September 30, 2026, and June 30, 2026; Issued and outstanding: 12,611,335 and 10,824,311 shares as of September 30, 2026, and June 30, 2026, respectively [1]
Additional paid-in capital 454,867 443,840
Accumulated deficit (477,266) (466,876)
Total shareholders’ deficit (22,399) (23,036)
Non-controlling interests 5,670 5,602
Total deficit (16,729) (17,434)
Total liabilities and deficit $ 24,929 $ 24,878
[1] Less than $1