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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Loss for the year $ (1,027) $ (1,782) $ (1,348)
Adjustments to reconcile net income (loss) to net cash used in operating activities (a) (591) 1,075 447
Net cash used in operating activities (1,618) (707) (901)
Cash flows from investing activities:      
Purchase of fixed assets (54)
Interest from bank deposit 34 41 36
Investment in long-term deposits (14)
Acquisition of subsidiary, consolidated for the first time (see Note 5) (410)
Loan provided to subsidiary prior to acquisition (400)
Net cash provided by (used in) investing activities (844) 41 36
Cash flows from financing activities:      
Loan repayment (13)
Issuance of shares and warrants 1,460
Net cash provided by financing activities 1,447
Decrease in cash and cash equivalents (1,015) (666) (865)
Losses from exchange rate differences on cash and cash equivalents (15) (27) (10)
Cash and cash equivalents at beginning of year 1,401 2,094 2,969
Cash and cash equivalents at end of year 371 1,401 2,094
Income and expenses not involving operating cash flows:      
Depreciation and amortization 199 1
Change in deferred taxes (130)
Revaluation of marketable securities (167) 1,022 1,531
Revaluation of warrants (926) (1,054)
Share-based payment expense 264 3 14
Finance expense 14 27 10
Interest income (34) (41) (36)
Net income and expenses not involving operating cash flows (780) 1,011 466
Changes in operating asset and liability items:      
Decrease (increase) in prepaid expenses and other current assets (58) 45 25
Decrease in trade receivables 39
Increase (decrease) in accounts payable 208 19 (44)
Net operating asset and liability 189 64 (19)
Net cash provided by (used in) operating activities $ (591) $ 1,075 $ 447