Six months ended
June 30,

Three months ended
June 30,

2026

2025

2026

2025

USD thousands

Revenues

$

3,268

$

2,591

$

1,853

$

1,331

Less:

Cost of revenues

496

409

304

213

R&D expenses- excluding stock-based compensation expenses

4,737

2,825

1,922

1,510

S&M expenses- excluding stock-based compensation expenses

2,470

2,787

1,308

1,277

G&A expenses- excluding stock-based compensation expenses

5,069

1,772

1,216

884

Stock based compensation expenses

5,440

2,255

223

866

Operating loss

14,944

7,457

3,120

3,419

Finance expenses (income)

(799

)

(1,716

)

255

(992

)

Taxes on income

64

19

64

19

Net loss

14,209

5,760

3,439

2,446

Cash and cash equivalents

$

794

$

183

$

794

$

183