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

Consolidated Statements of Shareholders??? Equity

v3.26.1
Consolidated Statements of Shareholders’ Equity - USD ($)
$ in Thousands
Common Stock
Additional paid-in capital
Accumulated deficit
Non-voting Common Stock
Total
Balance at Dec. 31, 2023 $ 1 $ 40,075 $ (39,688) $ 388
Balance (in Shares) at Dec. 31, 2023 [1] 300,774      
CHANGES DURING THE YEAR ENDED DECEMBER 31, 2024:          
Share Based Compensation 337 337
Vesting of RSUs [2] [2]
Vesting of RSUs (in Shares) [1] 2,823      
Warrant to lender   84 84
Issuance of common stock, net of offering costs – ATM [2] 1,938 1,938
Issuance of common stock, net of offering costs – ATM (in Shares) [1] 159,485      
Exercise of Pre funded warrants into common stock [2] [2]
Exercise of Pre funded warrants into common stock (in Shares) [1] 97,019      
Warrant inducement agreement, net of offering costs [2] 1,978 1,978
Warrant inducement agreement, net of offering costs (in Shares) [1] 99,967      
Warrant inducement agreement, net of offering costs [2] 2,602 2,602
Warrant inducement agreement, net of offering costs (in Shares) [1] 99,967      
Exercise of options into common stock [2] 32 32
Exercise of options into common stock (in Shares) [1] 2,281      
Net comprehensive loss for the year   (4,374) (4,374)
Balance at Dec. 31, 2024 $ 1 47,046 (44,062)   2,985 [3]
Balance (in Shares) at Dec. 31, 2024 [1] 762,316      
CHANGES DURING THE YEAR ENDED DECEMBER 31, 2024:          
Share Based Compensation 309 309
Issuance of common stock and warrants net of offering costs(see note 11d)- July PIPE   839 839
Issuance of common stock and warrants net of offering costs(see note 11d)- July PIPE (in Shares) [1] 162,602      
Issuance of common stock and prefunded warrants, net of offering costs (see note 11f)- September PIPE   790 790
Issuance of common stock and prefunded warrants, net of offering costs (see note 11f)- September PIPE (in Shares) [1] 87,177      
Issuance of common stock and prefunded warrants, net of offering costs (see note 11h)- December Follow on   4,295 4,295
Issuance of common stock and prefunded warrants, net of offering costs (see note 11h)- December Follow on (in Shares) [1] 4,352,500      
Issuance of ordinary shares for ELOC holders [2] 56 56
Issuance of ordinary shares for ELOC holders (in Shares) [1] 21,000      
Reverse split share round-up adjustments [2]
Reverse split share round-up adjustments (in Shares) [1] 51,363      
Vesting of RSUs [2] [2]
Vesting of RSUs (in Shares) [1] 3,168      
Warrant to lender   22 22
Issuance of common stock, net of offering costs – ATM [2] 2,375 2,375
Issuance of common stock, net of offering costs – ATM (in Shares) [1] 305,120      
Exercise of Pre funded warrants into common stock [2] [2] [2]
Exercise of Pre funded warrants into common stock (in Shares) [1] 1,886,127      
Warrant inducement agreement, net of offering costs [2] 1,387 1,387
Warrant inducement agreement, net of offering costs (in Shares) [1] 427,020      
Net comprehensive loss for the year   (8,261) (8,261)
Balance at Dec. 31, 2025 $ 1 $ 57,119 $ (52,323)   $ 4,797 [3]
Balance (in Shares) at Dec. 31, 2025 [1] 8,058,392      
[1] Adjusted to reflect reverse stock split, see note 2(bb).
[2] Represents an amount less than $1 thousand.
[3] Adjusted to reflect reverse stock split, see note 2(bb).