Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,456) $ (1,860)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 2 6
Inventories write-downs 38 5
Financial expenses 6 15
Share-based compensation 70 79
Liability for commitment fee under ELOC agreement 625
Change in fair value of pre-funded warrant liability (124)
Changes in operating assets and liabilities:    
Trade receivables, net 128 382
Net change in operating lease assets and liabilities 29 (22)
Inventories 130 (76)
Prepaid expenses and other current assets 21 (94)
Trade payables (331) (128)
Deferred revenues (41) 11
Other current liabilities (8) (488)
Other long-term liabilities 9 (4)
Net cash used in operating activities (1,902) (2,174)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Short-term deposits (1) 1
Long-term deposit 5
Purchase of property and equipment (45)
Net cash provided by (used in) investing activities (41) 1
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance common stock – ATM 7,311 1,750
Offering cost from issuance of common stock – ATM (368) (170)
Credit lines with bank, net (427) (324)
Proceeds from short-term loans 75
Repurchase of common stock for retirement (1,039)
Repayment of short-term loan (350)
Net cash provided by financing activities 5,127 1,331
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS (1)
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS 3,184 (843)
BALANCE OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD 4,362 2,267
BALANCE OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 7,546 1,424
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Cash and cash equivalents 7,546 1,122
Restricted cash , current 302
Total cash, cash equivalents and restricted cash 7,546 1,424
SUPPLEMENTARY DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for interest 4 167
SUPPLEMENTARY INFORMATION ON INVESTING AND FINANCING ACTIVITIES NOT INVOLVING CASH FLOWS:    
Warrant to lender 22
Operating lease right of use assets obtained in exchange for operating lease liabilities 476
Other non-current assets $ 50