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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenues $ 6,623 $ 5,724 $ 10,546 $ 10,758
Cost of revenues [1] 3,914 3,213 6,495 6,125
Gross profit 2,709 2,511 4,051 4,633
Operating expenses:        
Research and development, net 1,754 767 7,599 1,685
Sales and marketing 3,531 3,785 6,802 7,622
General and administrative 1,576 1,739 4,141 3,959
Impairment charges 0 2,783 0 2,783
Total operating expenses 6,861 9,074 18,542 16,049
Operating loss (4,152) (6,563) (14,491) (11,416)
Financial expense (income), net [2] 7,357 (1) 7,805 (31)
Loss before income taxes (11,509) (6,562) (22,296) (11,385)
Taxes on income 10 0 16 11
Net loss $ (11,519) $ (6,562) $ (22,312) $ (11,396)
Net loss per ordinary share, basic $ (4.12) $ (7.01) $ (10.09) $ (12.59)
Net loss per ordinary share, diluted $ (4.12) $ (7.01) $ (10.09) $ (12.59)
Weighted average number of shares used in computing net loss per ordinary share, basic [3] 2,796,621 935,785 2,210,280 904,881
Weighted average number of shares used in computing net loss per ordinary share, diluted [3] 2,796,621 935,785 2,210,280 904,881
[1] Includes revenue sharing expense attributable to Oramed Pharmaceuticals Inc., a related party, of $97 for the three and six months ended June 30, 2026.
[2] Includes net financing expense comprised of interest expense and changes in fair value of warrant and derivative liabilities related to Oramed Pharmaceuticals Inc., a related party, of $7,074 and $7,470 for the three and six months ended June 30, 2026, respectively.
[3] Reflects the one-for-twelve reverse share split that became effective on February 24, 2026. See Note 8a to the condensed consolidated financial statements.