v3.26.1
Consolidated Balance Sheets
€ in Thousands, $ in Thousands
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Current Assets    
Cash and cash equivalents $ 3,832 $ 1,923
Restricted cash (Note 2D) 37
Investment in Marketable Securities (Note 6 (2)) 239 307
Accounts receivable 134 137
Short term loan (Note 6 (1)) 396 234
Prepaid expenses 961 450
Other current assets (Note 3) 166 1
Assets of discontinued operations (Note 11A) 31
Assets held for sale (Note 11B) 249 369
Total Current assets 6,014 3,452
Long term prepaid expenses 161 244
Right-of-use asset arising from operating leases (Note 14) 16 8
Property and equipment, net (Note 5) 26
Investment in nonconsolidated affiliate (Note 10) 603
Long term loan (Note 6 (1)) 350
Solar photovoltaic joint venture project (Note 7) 2,744 808
Solar projects under development (Note 9) 725
Goodwill (Note 4) 6,291
Intangible asset (Note 4) 4,428
Total Assets 20,405 5,465
Current Liabilities    
Short term loan (Note 15 (7)) 740
Accounts payable 6 19
Other liabilities (Note 12) 416 266
Current warrant liabilities (Note 8) 78 312
Liabilities of discontinued operations (Note 11A) 100
Liabilities held for sale (Note 11B) 194 195
Total current liabilities 1,434 892
Non current operating lease liabilities (Note 14) 8
Credit facility (Note 8) 237
Stock purchase warrants liability (Note 15 (11)) 113
Contingent considerations (Note 4) 2,141
Deferred taxes liability (Note 4) 742
Total Liabilities 4,675 892
Commitment and contingent liabilities (Note 13)
Stockholders’ Equity (Note 15)    
Common stock of $ 0.0001 par value (“Common Stock”): 495,000,000 shares authorized as of December 31, 2025 and 2024; issued and outstanding 2,772,883 and 344,741 shares as of December 31, 2025 and 2024, respectively. [1],[2]
Preferred stock of $ 0.0001 par value (“Preferred Stock”): 5,000,000 shares authorized as of December 31, 2025 and 2024; no shares issued and outstanding as of December 31, 2025 and 2024. [1]
Additional paid-in capital [1] 54,605 39,328
Foreign currency translation adjustments [1] (38) (26)
Accumulated deficit [1] (38,557) (34,553)
Total Company’s stockholders’ equity [1] 16,010 4,749
Non-controlling interest [1] (280) (176)
Total stockholders’ equity [1] 15,730 4,573
Total liabilities and stockholders’ equity [1] $ 20,405 $ 5,465
[1] Adjusted to reflect one (1) for thirty-five (35) reverse stock split in September 2025 (see note 1B).
[2] Less than $1 thousand.