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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 15,301 $ 20,772
Short-term bank deposits 10 10,291
Trade receivables 1,091 357
Other receivables and prepaid expenses 2,064 2,973
Deferred expenses related to issuance of warrants 1,304 0
Inventories 1,819 76
Total current assets 21,589 34,469
LONG-TERM ASSETS:    
Long-term deposits and other receivables 12 28
Investment in an associate 82 0
Deferred expenses related to issuance of warrants 1,735 0
Right-of-use-assets 2,447 980
Property, plant and equipment, net 1,804 2,455
Intangible assets, net 12,195 13,169
Total long term assets 18,275 16,632
TOTAL ASSETS 39,864 51,101
CURRENT LIABILITIES:    
Trade payables [1] 1,228 1,785
Employees and payroll accruals 1,869 2,537
Lease liabilities 589 853
Liabilities in respect of government grants 323 388
Deferred revenues and other advances 360 362
Warrants and pre-funded warrants liability 2,876 0
Convertible SAFE 10,371 0
Other payables 1,079 1,019
Total current liabilities 18,695 6,944
LONG-TERM LIABILITIES:    
Lease liabilities 1,914 285
Liabilities in respect of government grants 4,327 4,426
Deferred revenues and other advances 90 393
Convertible SAFE 0 10,368
Total non-current liabilities 6,331 15,472
TOTAL LIABILITIES 25,026 22,416
SHAREHOLDERS' EQUITY:    
Ordinary shares of NIS 0.2 par value: Authorized - 15,000,000 ordinary shares; Issued and outstanding - 6,795,589 ordinary shares on December 31, 2024 and 5,079,313 ordinary shares on December 31, 2023 363 286
Share premium and other capital reserves 272,257 269,353
Accumulated deficit (274,071) (257,586)
Equity attributable to equity holders of the Company (1,451) 12,053
Non-controlling interests 16,289 16,632
TOTAL EQUITY 14,838 28,685
TOTAL LIABILITIES AND EQUITY $ 39,864 $ 51,101
[1] The Company engages with trade payables under the standard payment terms accepted in the relevant markets.