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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 8,939 $ 18,916
Marketable securities 45,272 15,721
Accounts receivable:    
Trade, net 2,168 1,572
Other 400 682
Prepaid expenses 1,296 1,060
Inventory 3,396 2,570
TOTAL CURRENT ASSETS 61,471 40,521
NON-CURRENT ASSETS:    
Long term deposit 442 426
Property, plant and equipment, net 3,584 2,371
Operating lease right of use assets 2,758 2,360
Fund in respect of employee rights upon retirement 1,149 1,129
TOTAL NON-CURRENT ASSETS 7,933 6,286
TOTAL ASSETS 69,404 46,807
Accounts payable and accruals:    
Trade 1,255 1,254
Other 9,457 6,424
TOTAL CURRENT LIABILITIES 10,712 7,678
LONG-TERM LIABILITIES:    
Operating lease liabilities net of current maturities 2,224 1,796
Liability for employee rights upon retirement and others 1,267 1,247
TOTAL LONG-TERM LIABILITIES 3,491 3,043
TOTAL LIABILITIES 14,203 10,721
COMMITMENTS AND CONTINGENT LIABILITIES
EQUITY:    
Common stock, par value $0.0001 per share; 150,000,000 shares authorized at December 31, 2025 and 2024; 43,532,281 and 26,611,033 shares issued and outstanding at December 31, 2025 and 2024, respectively 4 3
Preferred C shares, par value $0.0001 per share; 1,172,000 shares authorized at December 31, 2025 and 2024; 1,718 shares issued and outstanding at December 31, 2025 and 2024, respectively [1]
Additional paid-in capital 357,489 289,589
Accumulated deficit (302,292) (253,506)
Total equity 55,201 36,086
Total liabilities and equity $ 69,404 $ 46,807
[1] Represents an amount less than $1thousand