v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 11,309 $ 7,108
Restricted cash 7,122 7,775
Other current assets 465 415
TOTAL CURRENT ASSETS 18,896 15,298
NON-CURRENT ASSETS:    
Property and equipment, net 121 134
Operating lease right-of-use assets 362 465
Restricted deposit 95 90
Funds in respect of employee rights upon retirement 6 6
TOTAL NON-CURRENT ASSETS 584 695
TOTAL ASSETS 19,480 15,993
CURRENT LIABILITIES:    
Accounts payable 575 448
Accrued expenses and other payables 1,330 1,525
Current maturities of operating lease 199 230
TOTAL CURRENT LIABILITIES 2,104 2,203
NON-CURRENT LIABILITIES:    
Operating lease liabilities 226 260
Other long-term liabilities 284 393
Liability for employee rights upon retirement 37 36
Pre-funded warrants liability 9,563 0
TOTAL NON-CURRENT LIABILITIES 10,110 689
TOTAL LIABILITIES 12,214 2,892
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:    
Ordinary shares, NIS 0.0000769 par value: Authorized - as of June 30, 2026 and December 31, 2025, 140,010,000 shares; issued and outstanding as of June 30, 2026 and December 31, 2025, 49,290,233 and 45,452,167 shares, respectively 1 1
Additional paid-in capital 143,407 138,425
Accumulated other comprehensive income 41 41
Accumulated deficit (136,183) (125,366)
TOTAL SHAREHOLDERS' EQUITY 7,266 13,101
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 19,480 $ 15,993