v3.25.1
CONSOLIDATED STATEMENTS OF CHANGES IN REDEEMABLE CONVERTIBLE PREFERRED SHARES AND CAPITAL DEFICIENCY (DEFICIT) - USD ($)
$ in Thousands
Series A
Redeemable Convertible Preferred Shares
Series A -1
Redeemable Convertible Preferred Shares
Series A -2
Redeemable Convertible Preferred Shares
Series A -3
Redeemable Convertible Preferred Shares
Series A -4
Redeemable Convertible Preferred Shares
Contingently redeemable non- controlling interests Amount
Ordinary shares
Additional paid-in Capital
Accumulated deficit
Total capital deficiency
Total
Balance at Dec. 31, 2022 $ 7,307 $ 2,392 $ 2,264 $ 2,683 $ 0 $ 3,586 [1] $ 11,204 $ (21,869) $ (10,665) $ 7,567
Balance (in Shares) at Dec. 31, 2022 43,121 10,136 5,051 7,037 0   97,120        
Share-based compensation               130   130 130
Net loss           (166)     (4,942) (4,942) (5,108)
Issuance of preferred shares, net of issuance cost         $ 411     1   1 412
Issuance of Preferred shares, net of issuance cost (in Shares)         2,413            
Balance at Dec. 31, 2023 $ 7,307 $ 2,392 $ 2,264 $ 2,683 $ 411 3,420 [1] 11,335 (26,811) (15,476) 3,001
Balance (in Shares) at Dec. 31, 2023 43,121 10,136 5,051 7,037 2,413   97,120        
Exercise of options [1]                
Exercise of options (in Shares) [2]             13,780        
Share-based compensation             [1] 5,862   5,862 5,862
Share-based compensation (in Shares)             78,650        
Issuance of convertible preferred shares upon net exercise of warrants   $ 0     $ 334   $ 0 0     334
Issuance of convertible preferred shares upon net exercise of warrants (in Shares)   140     925            
Net loss           (76)     (16,443) (16,443) (16,519)
Conversion of convertible preferred shares and noncontrolling interests upon the effectiveness of the SPAC Merger $ (7,307) $ (2,392) $ (2,264) $ (2,683) $ (745) (3,344) $ 1 18,734   18,735 0
Conversion of convertible preferred shares and noncontrolling interests upon the effectiveness of the SPAC Merger (in shares) (43,121) (10,276) (5,051) (7,037) (3,338)   478,073        
Issuance of ordinary shares upon Transactions [1]                
Issuance of ordinary shares upon Transactions (in Shares)             417,375        
Issuance of ordinary shares for ELOC holders             $ 1 3,332   3,333 3,333
Issuance of ordinary shares for ELOC holders (in Shares)             763,713        
Balance at Dec. 31, 2024 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 2 $ 39,263 $ (43,254) $ (3,989) $ (3,989)
Balance (in Shares) at Dec. 31, 2024 0 0 0 0 0   1,848,711 [3]        
[1] Represents an amount less than $1
[2] ** Represents exercises of fully vested pre-funded options for the Company’s ordinary shares at an exercise price of $0.0226 or 0.0226 NIS per share
[3] **** Net of 421 treasury shares held by the Company as of December 31, 2024