v3.26.1
Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
$ in Thousands
Ordinary shares
Preferred shares
Additional paid-in capital
Accumulated comprehensive loss
Accumulated equity (deficit)
Total
Balance at Dec. 31, 2022 [1] $ 116,082 $ (2,007) $ (115,835) $ (1,760)
Balance (in Shares) at Dec. 31, 2022 989,290,784        
Exercise of warrants, net of issuance costs of $263 801 801
Exercise of warrants, net of issuance costs of $263 (in Shares) 584,015,200        
Vested RSU’s
Vested RSU’s (in Shares) 8,108,400        
Issuance of warrants and shares, net of issuance costs of $86 1,086 1,086
Issuance of warrants and shares, net of issuance costs of $86 (in Shares) 160,000,000        
Reclassification of warrant’s liability to equity   398 398
Share-based compensation 869 869
Shares issued for services 270 270
Shares issued for services (in Shares) 115,755,600        
Other comprehensive income 267 267
Net Income (Loss) (6,500) (6,500)
Balance at Dec. 31, 2023 [1] 119,506 (1,740) (122,335) (4,569)
Balance (in Shares) at Dec. 31, 2023 1,857,169,984        
Exercise of warrants, net of issuance costs of $263 1,441 1,441
Exercise of warrants, net of issuance costs of $263 (in Shares) 1,042,620,000        
Exercise of prefunded warrant  
Exercise of prefunded warrant (in Shares) 448,620,800        
Loan conversion into preferred shares $ 5,627   5,627
Loan conversion into preferred shares (in Shares) 1,000        
Vested RSU’s
Vested RSU’s (in Shares) 63,572,800        
Share-based compensation 682 682
Issuance of prefunded warrants 2,000 2,000
Net Income (Loss)   4,796 4,796
Balance at Dec. 31, 2024 [1] $ 5,627 123,629 (1,740) (117,539) 9,977
Balance (in Shares) at Dec. 31, 2024 3,411,983,584 1,000        
Exercise of prefunded warrant  
Exercise of prefunded warrant (in Shares) 1,445,128,000        
Loan conversion into preferred shares  
Loan conversion into preferred shares (in Shares)          
Vested RSU’s
Vested RSU’s (in Shares) 32,816,000        
Share-based compensation 304 304
Issuance of ordinary shares   6,129
Issuance of ordinary shares (in Shares) 8,982,972,000          
Net Income (Loss)   (8,307) (8,307)
Balance at Dec. 31, 2025   $ 5,627 $ 130,062 $ (1,740) $ (125,846) $ 8,103
Balance (in Shares) at Dec. 31, 2025 13,872,899,584 1,000        
[1] Ordinary shares have no par value