General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Balance Sheets (Unaudited)

v3.24.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:      
Cash and cash equivalents $ 682 $ 3,943 $ 693
Short term deposits 254 1,622
Restricted bank deposits 450 451
Trade receivables, net of allowance for credit losses 715 3,034 2,147
Inventories 2,698 1,179 897
Prepaid expenses and other current assets 616 678 398
TOTAL CURRENT ASSETS 5,415 10,907 4,135
NON-CURRENT ASSETS:      
Property and equipment, net 66 80 103
Prepaid expenses 592 492
Restricted cash 2,407 336
Restricted bank deposits 2,036 2,027 102
Severance pay fund 225 239 266
Operating lease right of use assets 403 726
Long term deposits 14 12 78
TOTAL NON-CURRENT ASSETS 5,743 3,912 549
TOTAL ASSETS 11,158 14,819 4,684
CURRENT LIABILITIES:      
Long-term loan, net of current maturities 3,175 4,625 5,473
Deferred revenues 164
Warrants   1,972
Convertible loan   4,905
Operating lease liabilities 129 237
Accrued severance 256 278 315
Other long-term liabilities 25 48 79
Current maturities of long-term loans 1,229 553 758
Warrants 8 8 177
Trade payables 2,192 1,781 1,920
Deferred revenues 386 484 673
Employee and employee-related obligations 732 793 703
Accrued royalties 924 900 818
Current maturities of operating lease liabilities 255 445
Other accrued liabilities 905 1,238 902
TOTAL CURRENT LIABILITIES 6,631 6,202 5,951
     
TOTAL NON-CURRENT LIABILITIES 3,585 5,352 12,744
TOTAL LIABILITIES 10,216 11,554 18,695
COMMITMENTS AND CONTINGENCIES (Note 10)  
     
Redeemable convertible preferred stock 5,585
WARRANTS TO PLACEMENT AGENT (Note 11(e)) 104  
TOTAL REDEEMABLE CONVERTIBLE PREFERRED STOCK   5,585
     
Common stock, value 1 [1] 1 [1] [2]
Additional paid-in capital 38,594 [1] 36,666 [1] 2,824
Accumulated deficit (37,757) [1] (33,402) [1] (22,420)
TOTAL SHAREHOLDERS’ EQUITY 838 3,265 (19,596)
TOTAL LIABILITIES AND REDEEMABLE CONVERTIBLE PREFERRED STOCK WARRANTS TO PLACEMENT AGENT AND SHAREHOLDERS’ EQUITY 11,158 14,819 4,684
Non-voting      
     
Common stock, value [1] [1] [2]
[1] Adjusted to reflect reverse stock split, see note 3(f).
[2] Represents an amount less than $1 thousands.