Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Balance Sheets

v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 4,057 $ 1,967
Restricted cash equivalents 305 300
Restricted bank deposit 76
Trade receivables, net of allowance for credit losses of $168 as of December 31, 2025, and December 31, 2024 respectively. 1,058 1,616
Inventories 2,461 2,436
Prepaid expenses and other current assets 634 584
TOTAL CURRENT ASSETS 8,591 6,903
NON-CURRENT ASSETS:    
Property and equipment, net 26 38
Prepaid expenses 459 492
Restricted bank deposits 30 91
Severance pay fund 264 205
Operating lease right of use assets 69 410
Long-term deposits 91 86
TOTAL NON-CURRENT ASSETS 939 1,322
TOTAL ASSETS 9,530 8,225
CURRENT LIABILITIES:    
Credit lines 479 774
Short term Loans 350
Trade payables 817 982
Deferred revenues 223 246
Employee and employee-related obligations 624 688
Accrued royalties 612 673
Current maturities of operating lease liabilities 14 415
Other current liabilities 373 805
TOTAL CURRENT LIABILITIES 3,492 4,583
NON-CURRENT LIABILITIES:    
Long-term loans, net of current maturities 150 150
Deferred revenues 20 92
Operating lease liabilities, net of current maturities 23 6
Accrued severance 292 229
Pre-funded Warrants Liability 750
Other long-term liabilities 6 180
TOTAL NON-CURRENT LIABILITIES 1,241 657
TOTAL LIABILITIES 4,733 5,240
COMMITMENTS AND CONTINGENCIES  
SHAREHOLDERS’ EQUITY (*):    
Common stock, value [1] 1 1
Additional paid-in capital [1] 57,119 47,046
Accumulated deficit [1] (52,323) (44,062)
TOTAL SHAREHOLDERS’ EQUITY [1] 4,797 2,985
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 9,530 8,225
Non-voting Common Stock    
SHAREHOLDERS’ EQUITY (*):    
Common stock, value [1]
[1] Adjusted to reflect reverse stock split, see note 2(bb).