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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 1,187 $ 4,595
Restricted cash 35 25
Prepaid expenses 966 335
Other current assets 62 24
TOTAL CURRENT ASSETS 2,250 4,979
NON-CURRENT ASSETS:    
Restricted cash 48 25
Long-term deposit 5 5
Property and equipment, net 30 49
Operating lease right-of-use asset 530 198
TOTAL NON-CURRENT ASSETS 613 277
TOTAL ASSETS 2,863 5,256
CURRENT LIABILITIES:    
Trade payables 929 319
Current maturities of operating lease liability 158 112
Warrants to preferred shares (including $0 and $186 due to related party, as of December 31, 2024 and December 31, 2023, respectively) 0 200
Employee related obligations 642 207
Accrued expenses and other accounts payable 788 1,358
Private warrants to purchase ordinary shares (including $1 and $0 due to related party, as of December 31, 2024 and December 31, 2023, respectively) 2 0
Underwriters Promissory Note 1,004 0
TOTAL CURRENT LIABILITIES 3,523 2,196
NON-CURRENT LIABILITIES:    
Long-term operating lease liability 368 59
Related Party Promissory Note 2,961 0
TOTAL NON-CURRENT LIABILITIES 3,329 59
TOTAL LIABILITIES 6,852 2,255
COMMITMENTS AND CONTINGENT LIABILITIES
TOTAL REDEEMABLE CONVERTIBLE PREFERRED SHARES 0 15,057
CONTINGENTLY REDEEMABLE NON-CONTROLLING INTERESTS 0 3,420
TOTAL REDEEMABLE CONVERTIBLE PREFERRED SHARES AND CONTINGENTLY REDEEMABLE NON-CONTROLLING INTERESTS 0 18,477
CAPITAL DEFICIENCY:    
Ordinary shares ($0.0009 par value per share, 22,222,222 shares authorized as of December 31, 2024 and 2023; 1,848,711 and 97,120 shares issued and outstanding as of December 31, 2024 and 2023, respectively) 2 [1]
Additional paid-in capital 39,263 11,335
Accumulated deficit (43,254) (26,811)
TOTAL CAPITAL DEFICIENCY (3,989) (15,476)
TOTAL REDEEMABLE CONVERTIBLE PREFERRED SHARES AND CONTINGENTLY REDEEMABLE NON-CONTROLLING INTERESTS, NET OF CAPITAL DEFICIENCY (3,989) 3,001
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED SHARES AND NON-CONTROLLING INTEREST, NET OF CAPITAL DEFICIENCY $ 2,863 $ 5,256
[1] Represents an amount less than $1