Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets (Unaudited)

v3.26.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 4,831 $ 4,057
Restricted cash and bank deposits 64 381
Trade receivables, net of allowance for credit losses of $163 as of September 30, 2026, and $168 as of December 31, 2025 748 1,058
Inventories 2,305 2,461
Prepaid expenses and other current assets 534 634
TOTAL CURRENT ASSETS 8,482 8,591
NON-CURRENT ASSETS:    
Property and equipment, net 100 26
Prepaid expenses and other assets 437 459
Restricted bank deposits 29 30
Funds in respect of employee rights upon retirement 187 264
Operating lease right-of-use assets 393 69
Long-term deposits 67 91
TOTAL NON-CURRENT ASSETS 1,213 939
TOTAL ASSETS 9,695 9,530
CURRENT LIABILITIES:    
Credit line 479
Short-term loan 350
Trade payables 495 817
Deferred revenues 340 223
Employee and employee-related obligations 622 624
Accrued royalties 625 612
Current maturities of operating lease liabilities 270 14
Other current liabilities 392 373
TOTAL CURRENT LIABILITIES 2,744 3,492
NON-CURRENT LIABILITIES:    
Long-term loan 150 150
Deferred revenues 10 20
Operating lease liabilities 123 23
Liability for employee rights upon retirement 213 292
Pre-funded warrants and warrant liability 200 750
Other non-current liabilities 3 6
TOTAL NON-CURRENT LIABILITIES 699 1,241
TOTAL LIABILITIES 3,443 4,733
COMMITMENTS AND CONTINGENCIES (Note 5)
SHAREHOLDERS’ EQUITY:    
Common stock value 1 1
Additional paid-in capital 63,670 57,119
Accumulated deficit (57,419) (52,323)
TOTAL SHAREHOLDERS’ EQUITY 6,252 4,797
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 9,695 9,530
Non-voting Common Stock    
SHAREHOLDERS’ EQUITY:    
Common stock value
TOTAL SHAREHOLDERS’ EQUITY