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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 5,728 $ 6,746
Restricted cash 194 197
Trade receivables, net of credit losses of $216 and $160, respectively 5,165 6,004
Prepaid expenses and other current assets 1,929 1,624
Inventories 6,802 6,723
Total current assets 19,818 21,294
LONG-TERM ASSETS    
Restricted cash and other long-term assets 219 240
Operating lease right-of-use assets 457 548
Property and equipment, net 777 867
Goodwill 7,538 7,538
Total long-term assets 8,991 9,193
Total assets 28,809 30,487
CURRENT LIABILITIES:    
Trade payables 4,466 5,022
Employees and payroll accruals 1,174 1,332
Deferred revenues 1,327 1,248
Current maturities of operating leases liability 571 858
Earnout liability 608 608
Other current liabilities 925 1,157
Total current liabilities 9,071 10,225
LONG-TERM LIABILITIES    
Deferred revenues 1,173 1,324
Non-current operating leases liability 48 22
Other long-term liabilities 61 67
Total long-term liabilities 1,282 1,413
Total liabilities 10,353 11,638
COMMITMENTS AND CONTINGENT LIABILITIES
Shareholders’ equity:    
Ordinary share of NIS 1.75 par value-Authorized: 25,000,000 shares at March 31, 2025 and December 31, 2024;Issued: 11,204,939 and 9,382,801 shares at March 31, 2025 and December 31, 2024, respectively; Outstanding:10,630,281 and 8,808,143 shares as of March 31, 2025 and December 31, 2024 respectively 5,461 4,590
Additional paid-in capital 285,857 282,287
Treasury Shares at cost, 574,658 ordinary shares at March 31, 2025 and December 31, 2024 (3,203) (3,203)
Accumulated deficit (269,659) (264,825)
Total shareholders' equity 18,456 18,849
Total liabilities and shareholders' equity $ 28,809 $ 30,487