v3.25.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 393 $ 1,967
Restricted cash equivalents 302 300
Restricted bank deposits 71
Trade receivables, net of allowance for credit losses of $168 as of June 30, 2025, and December 31, 2024. 943 1,616
Inventories 2,519 2,436
Prepaid expenses and other current assets, net of allowance for doubtful debts of $181 as of June 30, 2025, and December 31, 2024. 600 584
TOTAL CURRENT ASSETS 4,828 6,903
NON-CURRENT ASSETS:    
Property and equipment, net 33 38
Prepaid expenses and other 534 492
Restricted bank deposits 30 91
Severance pay fund 223 205
Operating lease right of use assets 241 410
Long-term deposits 93 86
TOTAL NON-CURRENT ASSETS 1,154 1,322
TOTAL ASSETS 5,982 8,225
CURRENT LIABILITIES:    
Credit line 236 774
Short-term loan 305
Trade payables 1,020 982
Deferred revenues 325 246
Employee and employee-related obligations 858 688
Accrued royalties 731 673
Current maturities of operating lease liabilities 229 415
Other current liabilities 535 805
TOTAL CURRENT LIABILITIES 4,239 4,583
NON-CURRENT LIABILITIES:    
Long-term loan 150 150
Deferred revenues 74 92
Accrued severance 250 229
Other long-term liabilities 17 186
TOTAL NON-CURRENT LIABILITIES 491 657
TOTAL LIABILITIES 4,730 5,240
COMMITMENTS AND CONTINGENCIES (Note 5)  
MEZZANINE EQUITY    
Redeemable convertible preferred stock - $0.0001 par value, 10,000,000 authorized as of June 30, 2025 and December 31, 2024. None issued and outstanding as of June 30, 2025 and December 31, 2024.
WARRANTS TO PLACEMENT AGENT 228 228
SHAREHOLDERS’ EQUITY:    
Common stock, value 1 1
Additional paid-in capital 48,846 46,818
Accumulated deficit (47,823) (44,062)
TOTAL SHAREHOLDERS’ EQUITY 1,024 2,757
TOTAL LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITY 5,982 8,225
Non-voting Common Stock    
SHAREHOLDERS’ EQUITY:    
Common stock, value

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