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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 11,362 $ 8,939
Marketable securities 30,208 45,272
Accounts receivable:    
Trade, net 2,381 2,168
Other 407 400
Prepaid expenses 1,200 1,296
Inventory 3,036 3,396
TOTAL CURRENT ASSETS 48,594 61,471
NON-CURRENT ASSETS:    
Long term deposit 446 442
Property, plant and equipment, net 3,651 3,584
Operating lease right of use assets 2,595 2,758
Fund in respect of employee rights upon retirement 1,185 1,149
TOTAL NON-CURRENT ASSETS 7,877 7,933
TOTAL ASSETS 56,471 69,404
Accounts payable and accruals:    
Trade 1,954 1,255
Other 7,489 9,457
TOTAL CURRENT LIABILITIES 9,443 10,712
LONG-TERM LIABILITIES-    
Operating lease liabilities net of current maturities 2,042 2,224
Liability for employee rights upon retirement and others 1,369 1,267
TOTAL LONG-TERM LIABILITIES 3,411 3,491
TOTAL LIABILITIES 12,854 14,203
COMMITMENTS AND CONTINGENT LIABILITIES
EQUITY:    
Common stock, par value $0.0001 per share; 150,000,000 shares authorized at March 31, 2026 and December 31, 2025; 46,838,963 and 43,532,281 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 4 4
Preferred C shares, par value $0.0001 per share; 1,172,000 shares authorized at March 31, 2026 and December 31, 2025; 1,718 shares issued and outstanding at March 31, 2026 and December 31 2025 [1]
Additional paid-in capital 359,594 357,489
Accumulated deficit (315,981) (302,292)
Total equity 43,617 55,201
Total liabilities and equity $ 56,471 $ 69,404
[1] Represents an amount less than $1 thousand