Report of foreign issuer [Rules 13a-16 and 15d-16]

Condensed Consolidated Balance Sheets (Unaudited)

v3.25.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 6,454 $ 4,825
Short-term investment 2 5
Short term deposits 3,057
Prepaid expenses and other current assets 1,168 1,095
Total current assets 7,624 8,982
NON-CURRENT ASSETS:    
Operating lease right of use assets 91 111
Property, plant and equipment, net 5 27
Total non-current assets 96 138
Total assets 7,720 9,120
CURRENT LIABILITIES:    
Trade payables 1,152 618
Current maturity of operating lease liability 57 53
Deferred revenues 405 405
Other accounts payable 506 976
Total current liabilities 2,120 2,052
NON-CURRENT LIABILITIES:    
Long - term operating lease liability 33 51
Deferred revenues 1,383 1,581
Total long-term liabilities 1,416 1,632
CONTIGENT LIABILITIES AND COMMITMENTS
SHAREHOLDERS’ EQUITY:    
Ordinary shares of no-par value - Authorized: 20,000,000,000 and 10,000,000,000 shares at June 30, 2025 and December 31, 2024, respectively; Issued and outstanding: 3,967,407,393 and 2,983,181,793 shares as of June 30, 2025 and December 31, 2024, respectively
Additional paid-in capital 174,294 170,670
Accumulated other comprehensive income 1,127 1,127
Accumulated deficit (171,237) (166,361)
Total shareholders’ equity 4,184 5,436
Total liabilities and shareholders’ equity $ 7,720 $ 9,120