v3.26.3
Interim Condensed Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2024 $ 195 $ 94,279 $ (90,944) $ 3,530
Balance, shares at Dec. 31, 2024 19,399,513      
Issuance of common stock and warrants, net [1] $ 139 25,778 25,917
Issuance of common stock and warrants, net, shares [1] 13,891,840      
Issuance of common stock under the at-the-market offering, net [2] $ 8 989 997
Issuance of common stock under the at-the-market offering, net, shares [2] 842,606      
Issuance of common stock upon exercise of warrants, net [3] $ 6 846 852
Issuance of common stock upon exercise of warrants, net, shares [3] 610,517      
Share-based compensation 256 256
Net loss (2,601) (2,601)
Ending balance, value at Mar. 31, 2025 $ 348 122,148 (93,545) 28,951
Balance, shares at Mar. 31, 2025 34,744,476      
Beginning balance, value at Dec. 31, 2024 $ 195 94,279 (90,944) 3,530
Balance, shares at Dec. 31, 2024 19,399,513      
Net loss       (9,678)
Ending balance, value at Sep. 30, 2025 $ 659 178,187 (100,622) 78,224
Balance, shares at Sep. 30, 2025 65,833,556      
Beginning balance, value at Dec. 31, 2024 $ 195 94,279 (90,944) 3,530
Balance, shares at Dec. 31, 2024 19,399,513      
Ending balance, value at Dec. 31, 2025 $ 672 180,968 (104,086) 77,554
Balance, shares at Dec. 31, 2025 67,158,044      
Beginning balance, value at Mar. 31, 2025 $ 348 122,148 (93,545) 28,951
Balance, shares at Mar. 31, 2025 34,744,476      
Issuance of common stock upon exercise of warrants, net [4] $ 32 4,474 4,506
Issuance of common stock upon exercise of warrants, net, shares [4] 3,213,840      
Share-based compensation 237 237
Net loss (3,500) (3,500)
Shares pending issuance on exercise of warrants [5] 163 163
Ending balance, value at Jun. 30, 2025 $ 380 127,022 (97,045) 30,357
Balance, shares at Jun. 30, 2025 37,958,316      
Issuance of common stock and warrants, net [6] $ 127 24,129 24,256
Issuance of common stock and warrants, net, shares [6] 12,664,627      
Issuance of common stock upon exercise of warrants, net [7] $ 151 26,708 26,859
Issuance of common stock upon exercise of warrants, net, shares [7] 15,063,395      
Share-based compensation 328 328
Net loss (3,577) (3,577)
Issuance of shares that were pending issuance on exercise of warrants $ 1 (1)
Issuance of shares that were pending issuance on exercise of warrants, shares 100,000      
Exercise of options [8] 1 1
Exercise of options, shares 47,218      
Ending balance, value at Sep. 30, 2025 $ 659 178,187 (100,622) 78,224
Balance, shares at Sep. 30, 2025 65,833,556      
Beginning balance, value at Dec. 31, 2025 $ 672 180,968 (104,086) 77,554
Balance, shares at Dec. 31, 2025 67,158,044      
Share-based compensation 222 222
Net loss (3,671) (3,671)
Ending balance, value at Mar. 31, 2026 $ 672 181,190 (107,757) 74,105
Balance, shares at Mar. 31, 2026 67,158,044      
Beginning balance, value at Dec. 31, 2025 $ 672 180,968 (104,086) 77,554
Balance, shares at Dec. 31, 2025 67,158,044      
Net loss       (15,140)
Ending balance, value at Sep. 30, 2026 $ 672 182,001 (119,226) 63,447
Balance, shares at Sep. 30, 2026 67,164,801      
Beginning balance, value at Mar. 31, 2026 $ 672 181,190 (107,757) 74,105
Balance, shares at Mar. 31, 2026 67,158,044      
Issuance of common stock under the at-the-market offering, net [9] 16 16
Issuance of common stock under the at-the-market offering, net, shares [9] 6,757      
Share-based compensation 433 433
Net loss (5,627) (5,627)
Ending balance, value at Jun. 30, 2026 $ 672 181,639 (113,384) 68,927
Balance, shares at Jun. 30, 2026 67,164,801      
Share-based compensation 362 362
Net loss (5,842) (5,842)
Ending balance, value at Sep. 30, 2026 $ 672 $ 182,001 $ (119,226) $ 63,447
Balance, shares at Sep. 30, 2026 67,164,801      
[1] Net of issuance costs in the amount of $2,683.
[2] Net of issuance costs in the amount of $65.
[3] Net of issuance costs in the amount of $64.
[4] Net of issuance costs in the amount of $340.
[5] Net of issuance costs in the amount of $12.
[6] Net of issuance costs in the amount of $2,249, of which $153 had not been paid as of September 30, 2025.
[7] Net of issuance costs in the amount of $1,954.
[8] Less than $1.
[9] Net of issuance costs in the amount of $1. See Note 4C.