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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:          
Net income $ 4,841 $ 2,865 $ 12,096 $ 7,592  
Adjustments to reconcile net income to net cash used in operating activities:          
Depreciation and amortization 1,249 1,514 3,762 4,319 $ 5,455
Non-cash financial (income) expenses 126 220 634 (266)  
Change in allowance for credit losses (104) (40) (79) 0  
Share in profits of equity investment of affiliated companies (372) (169) (983) (601)  
Share based compensation 167 21 680 210  
Gain on disposal of property, plant and equipment 0 0 0 (355)  
Deferred income taxes, net 884 12 1,466 (91)  
Changes in operating assets and liabilities:          
Increase in trade accounts receivable (960) (3,456) (3,554) (9,706)  
Decrease (increase) in prepaid expenses and other current assets 281 (555) 1,464 (838)  
Increase in inventory (1,757) (5,112) (9,052) (10,655)  
Increase in trade accounts payable 1,334 3,825 4,740 2,916  
Increase (decrease) in accrued expenses and other 1,806 3,665 (1,765) 2,618  
Net cash provided by (used in) operating activities 7,495 2,790 9,409 (4,857)  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Purchase of property and equipment (2,743) (1,621) (8,910) (3,588)  
Proceeds from sale of property and equipment 0 0 0 1,306  
Net cash used in investing activities (2,743) (1,621) (8,910) (2,282)  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Repayments of long-term loans (473) (504) (1,560) (1,454)  
Proceeds from issuance of ordinary shares and exercise of the underwriters' option 0 9,923 48,550 9,923  
Issuance costs of ordinary shares and exercise of the underwriters' option (362) 0 (3,182) 0  
Net change in short term loans from banks 0 (10,072) (4,350) (9,404)  
Net cash provided by (used in) financing activities (835) (653) 39,458 (935)  
Net increase (decrease) in cash and cash equivalents and restricted cash 3,917 516 39,957 (8,074)  
Cash and cash equivalents and restricted cash at beginning of period 43,474 8,352 7,434 16,942 16,942
Cash and cash equivalents and restricted cash at the end of period 47,391 8,868 47,391 8,868 $ 7,434
Supplementary information on investing and financing activities not involving cash flows:          
Additions of operating lease right-of-use assets and operating lease liabilities 1,948 228 3,783 818  
Reclassification between inventory and property, plant and equipment 0 0 579 60  
Supplemental disclosure of cash flow information:          
Interest paid 430 437 946 1,289  
Income taxes paid $ 21 $ 0 $ 197 $ 0