Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets (Unaudited)

v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 5,748 $ 4,057
Restricted cash and bank deposits 66 381
Trade receivables, net of allowance for credit losses of $166 as of June 30, 2026, and $ 168 as of December 31, 2025 1,371 1,058
Inventories 2,291 2,461
Prepaid expenses and other current assets 582 634
TOTAL CURRENT ASSETS 10,058 8,591
NON-CURRENT ASSETS:    
Property and equipment, net 108 26
Prepaid expenses and other 458 459
Restricted bank deposits 30 30
Funds in respect of employee rights upon retirement 191 264
Operating lease right-of-use assets 452 69
Long-term deposits 63 91
TOTAL NON-CURRENT ASSETS 1,302 939
TOTAL ASSETS 11,360 9,530
CURRENT LIABILITIES:    
Credit line 8 479
Short-term loan 350
Trade payables 368 817
Deferred revenues 480 223
Employee and employee-related obligations 701 624
Accrued royalties 735 612
Current maturities of operating lease liabilities 294 14
Other current liabilities 375 373
TOTAL CURRENT LIABILITIES 2,961 3,492
NON-CURRENT LIABILITIES:    
Long-term loan 150 150
Deferred revenues 14 20
Operating lease liabilities 174 23
Liability for employee rights upon retirement 221 292
Liability for commitment fee under ELOC agreement 625  
Pre-funded warrants liability 750
Other long-term liabilities 5 6
TOTAL NON-CURRENT LIABILITIES 1,189 1,241
TOTAL LIABILITIES 4,150 4,733
COMMITMENTS AND CONTINGENCIES (Note 5)
SHAREHOLDERS’ EQUITY:    
Common stock value 1 1
Additional paid-in capital 63,381 57,119
Accumulated deficit (56,172) (52,323)
TOTAL SHAREHOLDERS’ EQUITY 7,210 4,797
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 11,360 9,530
Non-voting Common Stock    
SHAREHOLDERS’ EQUITY:    
Common stock value
TOTAL SHAREHOLDERS’ EQUITY