LEASES |
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||
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| LEASES | NOTE 6 – LEASES
In March 2025, the Company entered into a lease agreement for its US office for a term beginning in March 2025 and ending in February 2027. In September 2026, the Company extended the lease agreement until December 2027. The monthly lease payments are approximately $2.
In July 2025, Microbot Israel entered into a lease agreement for its Israel office for the period from July 2025 until October 2029. The monthly lease payments are approximately $20. To secure the lease payments, the Company issued a bank guarantee of $62 in favor of the facility’s lessor.
Additionally, the Company has several agreements for car leases.
Future minimum lease payments under the Company’s non-cancelable operating leases as of September 30, 2026 were as follows:
The following table includes the weighted-average remaining lease term and weighted-average discount rate for operating leases as of September 30, 2026:
The Company’s lease cost for the three and nine months ended September 30, 2026 was $105 and $322, respectively. This cost is classified as operating lease expense in the Company’s consolidated statements of comprehensive loss for the three and nine months ended September 30, 2026.
Cash paid under operating lease agreements for the nine months ended September 30, 2026 was $283.
Right-of-use assets obtained in exchange for lease liabilities for the nine months ended September 30, 2026 were $164. |