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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 11,509 $ 18,916
Marketable securities 7,865 15,721
Accounts receivable:    
Trade, net 1,592 1,572
Other 496 682
Prepaid expenses 947 1,060
Inventory 3,054 2,570
TOTAL CURRENT ASSETS 25,463 40,521
NON-CURRENT ASSETS:    
Long term deposit 433 426
Property, plant and equipment, net 3,101 2,371
Operating lease right of use assets 3,069 2,360
Funds in respect of employee rights upon retirement 1,276 1,129
TOTAL NON-CURRENT ASSETS 7,879 6,286
TOTAL ASSETS 33,342 46,807
Accounts payable and accruals:    
Trade 1,518 1,254
Other 7,550 6,424
TOTAL CURRENT LIABILITIES 9,068 7,678
LONG-TERM LIABILITIES-    
Operating lease liabilities net of current maturities 2,507 1,796
Liability for employees’ rights upon retirement and others 1,524 1,247
TOTAL LONG-TERM LIABILITIES 4,031 3,043
TOTAL LIABILITIES 13,099 10,721
COMMITMENTS AND CONTINGENT LIABILITIES
EQUITY:    
Common stock, par value $0.0001 per share; 150,000,000 shares authorized at June 30, 2025 and December 31, 2024; 32,552,888 and 26,611,033 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 3 3
Preferred C shares, par value $0.0001 per share; 1,172,000 shares authorized at June 30, 2025 and December 31, 2024; 1,718 shares issued and outstanding at June 30, 2025 and December 31 2024 [1]
Additional paid-in capital 298,063 289,589
Accumulated deficit (277,823) (253,506)
Total equity 20,243 36,086
Total liabilities and equity $ 33,342 $ 46,807
[1] Represents an amount less than $1 thousand