Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Taxes on Income (Tables)

v3.26.1
Taxes on Income (Tables)
12 Months Ended
Dec. 31, 2025
Taxes on Income [Abstract]  
Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets and liabilities are as follows:

 

    December 31,  
    2025     2024  
Deferred tax assets:            
Net operating loss carry forward   $ 32,815     $ 26,998  
Temporary differences mainly relating to Research and Development     1,279       1,062  
                 
Deferred tax asset before valuation allowance     34,094       28,060  
Valuation allowance     (34,094 )     (28,060 )
Deferred tax asset, net   $ -     $ -  
Schedule of Reconciliation Statutory Israeli Income Tax Rate

A reconciliation of the provision for income taxes to the amount computed by applying the 23% statutory Israeli income tax rate to income before income taxes after the adoption of ASU 2023-09 is as follows:

 

    December 31, 2025  
    $     %  
             
Tax at Israeli Statutory Rate     (2,260 )     23  
Effect of benefitted income preferred technological enterprise in Israel     688       (7 )
Changes in Valuation Allowances     1,524       (16 )
Share-based payment awards     48       (0 )
Effective Tax Rate     -       -