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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 12,202 $ 13,724
Short-term deposits 60,924 45,876
Restricted deposits 3,777 3,255
Prepaid expenses and other receivables 1,395 1,374
Total current assets 78,298 64,229
LONG-TERM ASSETS:    
Long-term prepaid expenses 479 432
Property and equipment, net 19,661 13,934
Operating lease right-of-use assets 7,214 7,609
Total long-term assets 27,354 21,975
Total assets 105,652 86,204
CURRENT LIABILITIES:    
Trade payables 3,868 3,531
Other payables and accrued expenses 5,508 4,133
Current maturities of operating lease liabilities 1,131 1,011
Total current liabilities 10,507 8,675
LONG-TERM LIABILITIES:    
Long-term loan 6,352 5,561
Warrants liability 5,354 3,338
Operating lease liabilities 6,243 5,964
Deferred tax liability 97
Total long-term liabilities 18,046 14,863
Total liabilities 28,553 23,538
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:    
Ordinary shares of no-par value per share – Authorized: 362,116,800 shares as of December 31, 2024 and 2025; Issued and outstanding: 70,380,570 and 88,009,737 shares as of December 31, 2024 and 2025, respectively
Additional paid-in capital 267,235 210,175
Accumulated deficit (190,136) (147,509)
Total shareholders’ equity 77,099 62,666
Total liabilities and shareholders’ equity $ 105,652 $ 86,204