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Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 221,961 $ 785
Short-term bank deposits 9,084,082
Trade receivables 1,606,495 571,482
Other receivables 359,591 2,873
Inventories 981,729 391,484
Total current assets 12,253,858 966,624
NON-CURRENT ASSETS    
Restricted deposits 33,569 48,341
Deferred issuance costs 871,171
Property, plant and equipment, net 283,790 16,511
Severance pay deposits 156,723 136,620
Operating lease right-of-use assets 635,976
Total non-current assets 1,110,058 1,072,643
Total Assets 13,363,916 2,039,267
CURRENT LIABILITIES:    
Short-term bank credit and current maturities of long-term bank loans 410,324
Trade payables 1,083,345 463,653
Other current liabilities 727,560 791,038
Short-term liabilities due to a shareholder and a related party 296,459
Total current liabilities 1,810,905 1,961,474
LONG-TEM LIABILITIES:    
Long-term loans, net of current maturities 744,769
Long-term loans from related party 1,088,250 1,088,250
Warrants to purchase ordinary shares 351,845
Non-current operating lease liabilities 442,166
Accrued severance pay 425,742 272,509
Total long-term liabilities 1,956,158 2,457,373
Total Liabilities 3,767,063 4,418,847
COMMITMENT AND CONTINGENCIES (note 9)
SHAREHOLDERS’ EQUITY (CAPITAL DEFICIENCY)    
Ordinary shares, no par value: Authorized -100,000,000 and 12,500,000 shares as of December 31, 2022 and December 31, 2021, respectively; issued and outstanding: 7,999,216 and 3,085,000 shares as of December 31, 2022 and December 31, 2021, respectively
Preferred shares, no par value: Authorized - no shares and 1,250,000 shares as of December 31, 2022 and December 31, 2021, respectively; issued and outstanding: no shares and 489,812 shares as of December 31, 2022 and December 31, 2021, respectively
Additional paid-in capital 17,789,380 2,124,601
Accumulated deficit (8,192,527) (4,504,181)
Total Shareholders’ equity (capital deficiency) 9,596,853 (2,379,580)
Total Liabilities and equity (net of capital deficiency) $ 13,363,916 $ 2,039,267