XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.2
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 3,466 $ 1,187
Restricted cash 25 35
Prepaid expenses 1,683 966
Other current assets 63 62
TOTAL CURRENT ASSETS 5,237 2,250
NON-CURRENT ASSETS:    
Restricted cash 53 48
Long-term deposit 5 5
Property and equipment, net 30 30
Operating lease right-of-use asset 472 530
TOTAL NON-CURRENT ASSETS 560 613
TOTAL ASSETS 5,797 2,863
CURRENT LIABILITIES:    
Trade payables 692 929
Current maturities of operating lease liability 171 158
Employee related obligations 628 642
Accrued expenses and other account payable 659 788
Private warrants to purchase ordinary shares (including $* and $1 due to related party, as of June 30, 2025 and December 31, 2024, respectively) [1] 2
Underwriters Promissory Note 0 1,004
TOTAL CURRENT LIABILITIES 2,150 3,523
NON-CURRENT LIABILITIES:    
Long-term operating lease liability 337 368
Related Party Promissory Note 3,190 2,961
TOTAL NON-CURRENT LIABILITIES 3,527 3,329
TOTAL LIABILITIES 5,677 6,852
SHAREHOLDERS' EQUITY (CAPITAL DEFICIENCY):    
Ordinary shares ($0.0135 par value per share, 1,481,482 shares authorized as of June 30, 2025 and December 31, 2024; 579,536 and 123,290** shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively) 8 2
Additional paid-in capital 47,604 39,263
Accumulated deficit (47,492) (43,254)
TOTAL SHAREHOLDERS' EQUITY (CAPITAL DEFICIENCY) 120 (3,989)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (CAPITAL DEFICIENCY) $ 5,797 $ 2,863
[1] Represents an amount less than $1