v3.26.3
Interim Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2026
Sep. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (15,392) $ (6,132)
Adjustments to reconcile loss to net cash used in operating activities:    
Depreciation and amortization 131 130
Acquired IPR&D related to Fishway Transaction (defined below) 10,915
Share-based compensation to employees, directors and non-employee consultants 238 1,350
Increase in customer receivable (285) (58)
Decrease (increase) in prepaid expenses and other current assets and other long-term assets 194 (659)
Increase in trade payables 256 101
Decrease in other accounts payable, accrued vacation and recuperation, deferred tax liabilities and accrued expenses (441) (410)
Increase (decrease) in operating lease right-of-use asset and liability, net (276) 88
Decrease in advances from customers (17) (43)
Increase in interest receivable on short-term deposits and restricted bank deposits (8) (24)
Effect of exchange rate changes on cash, cash equivalents, deposits, restricted cash and restricted bank deposits 46 1
Increase in short-term interest payable and exchange rate differences related to the EIB loan, net 96 252
Decrease in accrued severance pay, net (3) (24)
Net cash used for operating activities (4,546) (5,428)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (3) (116)
Proceeds from short-term deposits, net 46 3,966
Cash related to Fishway Transaction (defined below) 46
Net cash provided by investing activities 89 3,850
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance of common shares, pre-funded warrants and warrants, net of issuance costs 3,574
Repayment of convertible loan related to Fishway Transaction (defined below) (139)
Proceeds from SAFE 1,000
Net cash provided by financing activities 4,435
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS, restricted cash And restricted bank deposits (27) (22)
Decrease in cash, cash equivalents, restricted cash and restricted bank deposits (49) (1,600)
Cash, cash equivalents, restricted cash and restricted bank deposits at the beginning of the period 4,576 7,196
Cash, cash equivalents, restricted cash and restricted bank deposits at the end of the period 4,527 5,596
Reconciliation of cash, cash equivalents, restricted cash and restricted bank deposits reported in the consolidated balance sheets:    
Cash and cash equivalents 3,460 4,259
Restricted cash 28 428
Long-term restricted bank deposits 1,039 909
Total cash, cash equivalents, restricted cash and restricted bank deposits 4,527 5,596
(a) Supplemental disclosure of non-cash activities:    
Lease liabilities arising from obtaining right-of-use assets 49 48
Fishway Transaction (see note 1e.) 11,035
Reclassification of advance towards share subscription from liability to equity (see note 8(3)) $ 1,250