Commitments and Contingencies |
9 Months Ended | ||||||
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Sep. 30, 2026 | |||||||
| Commitments and Contingencies [Abstract] | |||||||
| COMMITMENTS AND CONTINGENCIES |
NOTE 5 – COMMITMENTS AND CONTINGENCIES:
In October 2024, the Company entered into a payment plan with the Israel Innovation Authority (“IIA”) to settle the outstanding balance as of the prior year. Pursuant to the agreement, the IIA agreed to offset a delayed payment of approximately $50 against the total outstanding balance, and the Company paid $190. The remaining balance is payable in quarterly installments of approximately $106, commencing in October 2024. The outstanding balance continues to accrue interest and linkage differentials in accordance with applicable legal requirements until fully settled.
In addition, the Company is required to report and pay ongoing royalties commencing from the first half of 2024.
During the three and nine months ended September 30, 2026, the Company repaid $130 and $254, respectively and during the three and nine months ended September 30, 2025, the Company repaid $104 and $340, respectively.
As of September 30, 2026, and December 31, 2025, the Company had a liability to pay royalties in the amount of approximately $625 and $612, respectively.
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