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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (37,025) $ (22,831)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation 333 205
Gain from sale of property, plant and equipment (15)
Changes in fair value of marketable securities, net of interest received (178) (757)
Change in liability for employees’ rights upon retirement 371 99
Other financial income (113) (8)
Change in operating right of use asset and operating leasing liability 480 (39)
Share-based compensation expenses 9,484 7,792
Loss (gain) on amounts funded in respect of employee rights upon retirement, net (121) 21
Changes in operating asset and liability items:    
Decrease (increase) in prepaid expenses 115 (698)
Decrease (increase) in trade receivables (389) 274
Decrease (increase) in other receivables 207 (93)
Increase in inventory (1,037) (339)
Increase in trade payables 499 366
Increase in other payables 1,631 890
Net cash used in operating activities (25,758) (15,118)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (1,264) (1,091)
Proceeds from sale of property, plant and equipment 15
Investments in marketable securities (11,749) (14,444)
Proceeds from matured marketable securities 27,648 20,000
Amounts funded in respect of employee rights upon retirement (75) (66)
Net cash provided by investing activities 14,575 4,399
CASH FLOWS FROM FINANCING ACTIVITIES:    
    Proceeds from exercise of warrants, net of $1,000 issuance costs 16,855 16,854
Proceeds from issuance of shares and pre-funded warrants, net of $3,148 and $1 issuance costs, respectively 38,714 35
Net cash provided by financing activities 55,569 16,889
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 101 8
INCREASE IN CASH AND CASH EQUIVALENTS 44,487 6,178
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD 18,916 9,640
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 63,403 15,818
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Acquisition of right-of-use assets by means of lease liabilities 994
Non- cash purchase of property and equipment $ 101