<SEC-DOCUMENT>0001723464-26-000030.txt : 20260514
<SEC-HEADER>0001723464-26-000030.hdr.sgml : 20260514
<ACCEPTANCE-DATETIME>20260514155950
ACCESSION NUMBER:		0001723464-26-000030
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20260514
FILED AS OF DATE:		20260514
DATE AS OF CHANGE:		20260514

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BIOHARVEST SCIENCES INC.
		CENTRAL INDEX KEY:			0001723464
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		ORGANIZATION NAME:           	03 Life Sciences
		EIN:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-42389
		FILM NUMBER:		26978484

	BUSINESS ADDRESS:	
		STREET 1:		1140 - 625 HOWE STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2T6
		BUSINESS PHONE:		6046221186

	MAIL ADDRESS:	
		STREET 1:		1140 - 625 HOWE STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2T6

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CANNA-V-CELL SCIENCES INC.
		DATE OF NAME CHANGE:	20191008

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Midnight Star Ventures Corp.
		DATE OF NAME CHANGE:	20171121
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>bhsc_6k.htm
<DESCRIPTION>REPORT
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<DIV style=margin-left:72pt;width:468pt><TABLE align=center style=border-collapse:collapse;width:100%><TR><TD valign=top style=width:467.5pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'> &nbsp;</P>
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<P align=center style='font:10pt Times New Roman;margin:0'><B>UNITED STATES</B></P>
<P align=center style='font:10pt Times New Roman;margin:0'><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P align=center style='font:10pt Times New Roman;margin:0'><B>WASHINGTON, DC 20549</B></P>
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<P align=center style='font:14pt Times New Roman;margin:0'><B>FORM 6-K</B></P>
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<P align=center style='font:10pt Times New Roman;margin:0'><B>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934</B></P>
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<P align=center style='font:10pt Times New Roman;margin:0'>For the month of <B>May 2026</B></P>
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<P align=center style='font:10pt Times New Roman;margin:0'>Commission file number: <B>001-42389</B></P>
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<P align=center style='font:16pt Times New Roman;margin:0'><B>BIOHARVEST SCIENCES INC.</B></P>
<P align=center style='font:10pt Times New Roman;margin:0'>(Exact name of Registrant as specified in its charter)</P>
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<P align=center style='font:10pt Times New Roman;margin:0'><B>Not applicable</B></P>
<P align=center style='font:10pt Times New Roman;margin:0'>(Translation of Registrant&#8217;s name into English)</P>
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<P align=center style='font:10pt Times New Roman;margin:0'><B>1140-625 Howe Street, Vancouver, British Columbia V6C 2T6, Canada</B></P>
<P align=center style='font:10pt Times New Roman;margin:0'>(Address of principal executive offices)</P>
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<P align=justify style='font:10pt Times New Roman;margin:0'>Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</P>
<P align=center style='font:10pt Times New Roman;margin:0'><FONT style='font-family:Segoe UI Symbol'>&#9744;</FONT> Form 20-F&nbsp;<FONT style='font-family:Segoe UI Symbol'>&#9746;</FONT> Form 40-F</P>
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<P align=justify style='font:10pt Times New Roman;margin:0'>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): <FONT style='font-family:Segoe UI Symbol'>&#9744;</FONT></P>
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<P align=justify style='font:10pt Times New Roman;margin:0'>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): <FONT style='font-family:Segoe UI Symbol'>&#9744;</FONT></P>
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<P align=center style='font:10pt Times New Roman;margin:0'><A name=_PART_III /><A name=_ITEM_19._EXHIBITS /><B>SUBMITTED HEREWITH</B></P>
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<P align=justify style='font:10pt Times New Roman;margin:0'><B>Exhibits:</B></P>
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</TD><TD valign=bottom style=width:396.15pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'><B>Description</B></P>
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<TR><TD valign=bottom bgcolor=#DBE5F1 style=width:71.85pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'><FONT style='color:#215E99;border-bottom:1px solid #215E99'><A href=bhsc_ex991.htm style=text-decoration:none>99.1</A></FONT></P>
</TD><TD valign=top bgcolor=#DBE5F1 style=width:396.15pt;padding-left:5.4pt;padding-right:5.4pt><P align=justify style='font:10pt Times New Roman;margin:0'>News Release dated May 14, 2026</P>
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<P align=center style='font:10pt Times New Roman;margin:0'><A name=_SIGNATURES /><A name=_Toc169189235 /><A name=_Toc172699253 /><B>SIGNATURES</B></P>
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<P align=justify style='font:10pt Times New Roman;margin:0'>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>
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</TD><TD valign=top style=width:233.75pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'><B>BIOHARVEST SCIENCES INC.</B></P>
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</TD><TD valign=top style=width:233.75pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'>(Registrant)</P>
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<TR><TD valign=top style=width:233.75pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'>Date: May 14, 2026</P>
</TD><TD valign=top style='width:233.75pt;padding-left:5.4pt;padding-right:5.4pt;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0'><I>/s/ David Ryan</I></P>
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</TD><TD valign=top style='width:233.75pt;padding-left:5.4pt;padding-right:5.4pt;border-top:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>Name: David Ryan</P>
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</TD><TD valign=top style=width:233.75pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0'>Title: Vice-President, Investor Relations &amp; Secretary</P>
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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>bhsc_ex991.htm
<DESCRIPTION>NEWS RELEASE DATED MAY 14, 2026
<TEXT>
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<TITLE>News Release dated May 14, 2026</TITLE>
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<DIV style=margin-left:72pt;width:468pt><P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
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<P align=center style='font:14pt Times New Roman;margin:0;color:#000000;background-color:#FFFFFF'><B>BioHarvest Sciences Reports First Quarter 2026 Financial Results </B></P>
<P align=center style='font:14pt Times New Roman;margin:0;color:#000000;background-color:#FFFFFF'><B>and Provides Business Update</B></P>
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<P style='font:12pt Times New Roman;margin:0;margin-left:36pt'><KBD style='position:absolute;font:12pt Symbol;margin-left:-18pt'><FONT style='font:11pt Symbol'>&#183;</FONT></KBD><I>Quarterly revenue up 8% year over year; Annual revenue guidance range remains at $42-$48 million &nbsp;</I>&nbsp;</P>
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<P style='font:12pt Times New Roman;margin:0;margin-left:36pt'><KBD style='position:absolute;font:12pt Symbol;margin-left:-18pt'><FONT style='font:11pt Symbol'>&#183;</FONT></KBD><I>CDMO fragrance and Saffron projects reach successful milestones; First quarter CDMO revenue grew 135% YoY </I>&nbsp;</P>
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<P style='font:12pt Times New Roman;margin:0;margin-left:36pt'><KBD style='position:absolute;font:12pt Symbol;margin-left:-18pt'><FONT style='font:11pt Symbol'>&#183;</FONT></KBD><I>VINIA brand customer base grows to 90,000 active users as of the end of April</I>&nbsp;</P>
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<P style='font:12pt Times New Roman;margin:0;margin-left:36pt'><KBD style='position:absolute;font:12pt Symbol;margin-left:-18pt'><FONT style='font:11pt Symbol'>&#183;</FONT></KBD><I>Two-lens framework enacted in Q1 to optimize performance across CDMO and D2C businesses </I>&nbsp;</P>
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<P align=justify style='font:12pt Times New Roman;margin:0'><B>Vancouver, British Columbia and Rehovot, Israel &#8211; </B>May 14, 2026 -- <FONT style='color:#467886;border-bottom:1px solid #467886'>BioHarvest Sciences Inc</FONT>. (&#8220;BioHarvest&#8221; or the &#8220;Company&#8221;), (Nasdaq: BHST) (FSE: 8MV0), a leader in Botanical Synthesis&#8482; technology and sustainable plant-based molecule development, today announced its first quarter 2026 financial results. The Company will hold a conference call this morning at 8:00 am Eastern Daylight Time (EDT) to discuss the results and provide an update on business operations.</P>
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<P align=justify style='font:12pt Times New Roman;margin:0'>Dr. Zaki Rakib, Chief Executive Officer of BioHarvest stated, &#8220;I am highly confident in the prospects of BioHarvest. We made significant progress across both sides of our business during the quarter. On the CDMO side, we successfully advanced two major Botanical Synthesis programs into Stage 2 development with combined agreements valued at over $2 million. The programs include cell bank creations for our rare fragrance and Saffron compounds. These milestones further validate the versatility and commercial potential of our Botanical Synthesis platform while expanding our future royalty and manufacturing revenue opportunities through our CDMO model.&#8221;</P>
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<P align=justify style='font:12pt Times New Roman;margin:0'>Dr. Rakib continued, &#8220;We believe BioHarvest is now approaching an important inflection point, where growth will increasingly be driven not only by VINIA manufacturing and sales, but also by the development and future production of multiple high-value plant-based compounds. This is the foundation of our &#8220;two-lens&#8221; strategy. Following last year&#8217;s investments to scale our R&amp;D infrastructure to support parallel project execution, our focus this year is on expanding the manufacturing infrastructure required to support multiple compounds at commercial scale. This focus will result in the new manufacturing site expected to be operational in the second half of 2027. Meanwhile, on the D2C side of the business, we are already seeing significant impact from our newly introduced blood flow hydration product. In Q1, we also started implementing important marketing adjustments designed to support sustainable growth with continued emphasis on improving the ratio of lifetime customer value to customer acquisition costs.&#8221;</P>
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<P style='font:12pt Times New Roman;margin:0'><B>First Quarter 2026 Financial Results Highlights</B></P>
<P style='font:12pt Times New Roman;margin:0'><I>All figures stated in this news release are in U.S. dollars unless stated otherwise.</I></P>
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<P align=justify style='font:12pt Times New Roman;margin:0;margin-left:36pt'><KBD style='position:absolute;font:12pt Symbol;margin-left:-18pt'><FONT style=font-family:Symbol>&#183;</FONT></KBD>Total revenues for the first quarter of 2026 were $8.5 million, an increase of 8% year-over-year, with gross margins of 59% of revenue compared to 58% for the same period last year.&nbsp;</P>
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<P align=justify style='font:12pt Times New Roman;margin:0;margin-left:36pt'><KBD style='position:absolute;font:12pt Symbol;margin-left:-18pt'><FONT style='font:10pt Symbol'>&#183;</FONT></KBD>Operating loss, total, for the first quarter of 2026 was $1.8 million compared to $1.7 million for the same period of 2025. &nbsp;Of this amount, operating loss for the CDMO services business for the first quarter of 2026 was $1.3 million, in line with the same period of 2025, and operating loss for the D2C products business for the first quarter of 2026 was $551,000 compared to $449,000 for the same period of 2025.&nbsp;</P>
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<P align=justify style='font:12pt Times New Roman;margin:0;margin-left:36pt'><KBD style='position:absolute;font:12pt Symbol;margin-left:-18pt'><FONT style='font:10pt Symbol'>&#183;</FONT></KBD>Total Adjusted EBITDA loss for the first quarter of 2026 was $1.2 million, in line with the same period of 2025. &nbsp;Adjusted EBITDA loss for the CDMO business for the first quarter of 2026 was $904,000 compared to $953,000 for the same period of 2025. Adjusted EBITDA loss for the D2C Products business for the first quarter of 2026 was $286,000 compared to $235,000 for the first quarter of 2025.&nbsp;</P>
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<P align=justify style='font:12pt Times New Roman;margin:0;margin-left:36pt'><KBD style='position:absolute;font:12pt Symbol;margin-left:-18pt'><FONT style='font:10pt Symbol'>&#183;</FONT></KBD>Net loss for the first quarter of 2026 was $2.6 million compared to $2.3 million in the same period last year.&nbsp;</P>
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<P style='font:12pt Times New Roman;margin:0'><B>First Quarter and Recent Operational Highlights</B></P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'><FONT style='border-bottom:1px solid #000000'>CDMO /Botanical Synthesis Business Highlights</FONT></P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0;margin-left:36pt'><KBD style='position:absolute;font:12pt Symbol;margin-left:-18pt'><FONT style=font-family:Symbol>&#183;</FONT></KBD>In March, BioHarvest completed Stage 1 of a multi-stage development program for a rare scent-producing plant used in the global fragrance industry. The program represents what BioHarvest believes to be the first-ever successful creation of a stable cell culture for this rare and endangered fragrance plant. This scent from this plant is widely regarded as one of the most valuable fragrance raw materials in the world, with premium grades commanding prices exceeding tens of thousands of U.S. dollars per kilogram and demand growing across the Middle East, Asia, and luxury Western perfume markets.&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0;margin-left:36pt;color:#232A31'>This month, BioHarvest announced that its CDMO division signed a $1.2 million Stage 2 contract as part of a multi-stage development program for this rare scent-producing plant. This contract follows completion of Stage 1 in March, where a stable cell bank of a unique cell culture-based composition containing rare molecules was produced<I>. </I>At the end of Stage 2, which will take approximately six to nine months, BioHarvest will have produced enough fragrance raw material for the purpose of conducting commercial trials. <FONT style=color:#000000>Under the terms of the Stage 2 agreement with this customer, BioHarvest retains 20% ownership of the compositions successfully developed and would also earn a second source of revenue as the manufacturing entity, creating a long-term, royalty-driven economic model as the cell bank under development advances toward commercialization.</FONT></P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<HR style='border:0;height:0;width:0;margin:14pt 0 0 0'><P align=center style='font:10pt Times New Roman;margin:0'>2</P>
<HR style='page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0'><P style=line-height:0;margin:0></P>
<P align=justify style='font:12pt Times New Roman;margin:0;margin-left:36pt'><KBD style='position:absolute;font:12pt Symbol;margin-left:-18pt'><FONT style=font-family:Symbol>&#183;</FONT></KBD>Additionally, this month, our CDMO division successfully completed Stage 1 of a multi-stage development program with Saffron Tech to research, develop and commercialize bioactive compounds in saffron, one of the world&#8217;s most valuable and health-promoting botanicals. SaffronTech is using BioHarvest&#8217;s patented Botanical Synthesis platform to produce these compounds consistently, economically, and sustainably &#8211; and thus eliminate the need for large-scale cultivation, seasonal constraints, and geopolitical dependencies. &nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0;margin-left:36pt'>The completion of Stage 1 has triggered the advancement to Stage 2 under this development agreement. &nbsp;The Stage 2 agreement is valued at over $1 million and will focus on generating enough biomass to support future pre-commercial testing and product development for nutraceutical and culinary applications.</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0;margin-left:36pt'><KBD style='position:absolute;font:12pt Symbol;margin-left:-18pt'><FONT style=font-family:Symbol>&#183;</FONT></KBD>As of the first quarter, BioHarvest&#8217;s VINIA manufacturing center of excellence is now incorporated into the CDMO organization to align its manufacturing capabilities under a single platform serving both the D2C products business and the Company&#8217;s external CDMO partners.&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'><FONT style='border-bottom:1px solid #000000'>Direct-to-Consumer (D2C) Products Business Highlights</FONT></P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'><B>VINIA-Branded Wellness Products </B></P>
<P align=justify style='font:12pt Times New Roman;margin:0;margin-left:36pt'><KBD style='position:absolute;font:12pt Symbol;margin-left:-18pt'><FONT style=font-family:Symbol>&#183;</FONT></KBD>VINIA is now the number one resveratrol polyphenol brand in the USA and contributed to 95% of total sales as of the end of Q1, 2026.&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0;margin-left:36pt'><KBD style='position:absolute;font:12pt Symbol;margin-left:-18pt'><FONT style=font-family:Symbol>&#183;</FONT></KBD>The VINIA Blood Flow Hydration product has achieved $920,000 in cumulative revenue realized since its launch in end November 2025. &nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0;margin-left:36pt'><KBD style='position:absolute;font:12pt Symbol;margin-left:-18pt'><FONT style=font-family:Symbol>&#183;</FONT></KBD>The VINIA Blood Flow Hydration product is now the number two contributor to incremental new customer sales with 20% of new customer revenue year-to-date on VINIA.com and Amazon, ahead of all other categories except VINIA capsules. &nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0;margin-left:36pt'><KBD style='position:absolute;font:12pt Symbol;margin-left:-18pt'><FONT style=font-family:Symbol>&#183;</FONT></KBD>As announced last quarter, BioHarvest is now pivoting the majority of its marketing budget to digital marketing efforts &#8211; a transition from primarily relying on television advertising that targeted a higher aged demographic to a stronger focus on recruiting a younger consumer base with greater disposable income with its broader VINIA portfolio of products. &nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>Dr. Rakib added, &#8220;In the first quarter, we continued to see an increased number of users for our newly introduced Blood Flow Hydration product. We believe this product will be a major contributor to our growth in 2026 and moving forward. In the first quarter we started implementing steps aimed at improving the profitability of the D2C business. We started shifting our marketing mix from TV to digital, and to a younger demographic. &nbsp;We are also unlocking the significant capabilities we built with our network of Health Pros who are helping us rapidly scale our Blood Flow Hydration product and provide a lower cost of customer acquisition for us.&#8221;</P>
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<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'><B>First quarter 2026 Financial Results Summary</B></P>
<P style='font:12pt Times New Roman;margin:0'><I>All figures stated in this news release are in U.S. dollars unless stated otherwise.</I></P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>Revenues for the first quarter of 2026 increased 8% year-over-year to $8.5 million from $7.9 million.</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>Cost of revenue was $3.5 million compared to $3.3 million for the same period last year.</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>Gross profit in the first quarter of 2026 was $5 million, or 59% of total revenue, compared to $4.6 million, or 58% of total revenue, for the same period last year.</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>Sales and marketing expenses totaled $4.1 million for the first quarter of 2026, compared to $3.7 million for the same period last year, to support the sales growth of the D2C business.</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>General and administrative expenses totaled $1.4 million for the first quarter of 2026, aligned with the same period last year, but on a percentage of revenue basis, reduced to 16% of revenues, as compared to 18% in the same period last year.</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>Total operating expenses for the first quarter were $6.9 million, compared to $6.3 million for the same quarter last year. The increase in operating expenses was primarily due to increased marketing spend and higher expenses from the CDMO services division.</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>Net loss for the first quarter of 2026 totaled $2.6 million, or $0.11 per basic and diluted share, as compared to a net loss of $2.3 million, or $0.13 per basic and diluted share, for the same period last year.</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>Adjusted EBITDA loss (a non-IFRS measure) totaled $1.2 million, aligned with previous period last year. Under the two-lens approach, the first &nbsp;quarter adjusted EBITDA losses of the CDMO Services and Products divisions are $904,000 and $286,000 respectively, as compared to $953,000 and $235,000 for the same period last year.</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>Cash and cash equivalents, together with bank deposits as of March 31, 2026, totaled $20.2 million, compared to $3.4 million as of March 31, 2026.</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'><FONT style='border-bottom:1px solid #000000'><B>First</B><B> </B><B>Quarter</B><B> </B><B>2026</B><B> </B><B>Earnings</B><B> </B><B>Call</B></FONT><A name=_Hlk16501064 /><FONT style='border-bottom:1px solid #000000'><B> </B><B>Information</B></FONT></P>
<TABLE bgcolor=#FFFFFF style=border-collapse:collapse;width:462.6pt><TR style=height:11.4pt><TD valign=middle bgcolor=#FFFFFF style=width:90.95pt;padding:0.75pt><P style='font:12pt Times New Roman;margin:0'>Date: </P>
</TD><TD valign=middle bgcolor=#FFFFFF style=width:371.65pt;padding:0.75pt><P style='font:12pt Times New Roman;margin:0'>Thursday, May 14, 2026</P>
</TD></TR>
<TR style=height:11.4pt><TD valign=middle bgcolor=#FFFFFF style=width:90.95pt;padding:0.75pt><P style='font:12pt Times New Roman;margin:0'>Time:</P>
</TD><TD valign=middle bgcolor=#FFFFFF style=width:371.65pt;padding:0.75pt><P style='font:12pt Times New Roman;margin:0'>8:00 a.m. Eastern Time</P>
</TD></TR>
<TR style=height:14.1pt><TD valign=middle bgcolor=#FFFFFF style=width:90.95pt;padding:0.75pt><P style='font:12pt Times New Roman;margin:0;color:#000000'>Webcast:</P>
</TD><TD valign=middle bgcolor=#FFFFFF style=width:371.65pt;padding:0.75pt><P style='font:12pt Times New Roman;margin:0'><FONT style='color:#467886;border-bottom:1px solid #467886'>https://events.q4inc.com/attendee/387184352</FONT></P>
</TD></TR>
</TABLE>
<P style='font:12pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'>The earnings conference call webcast will be broadcast live, and attendees are encouraged to register via the webcast link at least 10 minutes prior to the call to ensure participation.</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'>A recording of the webcast will be available for replay on the Company&#8217;s website within the <FONT style='color:#467886;border-bottom:1px solid #467886'>Investor Relations/Events &amp; Presentations</FONT> section.</P>
<HR style='border:0;height:0;width:0;margin:14pt 0 0 0'><P align=center style='font:10pt Times New Roman;margin:0'>4</P>
<HR style='page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0'><P style=line-height:0;margin:0></P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'><B>Use of Non-IFRS Financial Measures</B></P>
<P align=justify style='font:12pt Times New Roman;margin:0'>This press release includes the following non-IFRS measure &#8211; Adjusted EBITDA, which is not a measure of financial performance under IFRS and should not be considered as an alternative to net income as a measure of financial performance. Adjusted EBITDA represents operating profit (loss) before interest, taxes, depreciation and amortization adjusted for stock-based compensation and fair value adjustment of convertible loan and or warrants, issuance of warrants as well as exchange rate impacts. The company believes this non-IFRS measure, when considered together with the corresponding IFRS measures, provides useful information to investors and management regarding financial and business trends relating to the company&#8217;s results of operations. However, this non-IFRS measure has significant limitations in that it does not reflect all the costs and other items associated with the operation of the company&#8217;s business as determined in accordance with IFRS. In addition, the company&#8217;s non-IFRS measures may be calculated differently and are therefore not comparable to similar measures by other companies. Therefore, investors should consider non-IFRS measures in addition to, and not as a substitute for, or superior to, measures of financial performance in accordance with IFRS. A reconciliation of Adjusted EBITDA to net income, its corresponding IFRS measure, is shown below.</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'><B>IFRS OPERATING LOSS TO ADJUSTED EBITDA RECONCILIATION</B></P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<TABLE style=border-collapse:collapse><TR><TD colspan=10 valign=top style=width:434.35pt><P align=center style='font:9pt Times New Roman;margin:0'><B>Unaudited</B></P>
<P align=center style='font:9pt Times New Roman;margin:0'><B>In USD thousands</B></P>
<P align=center style='font:9pt Times New Roman;margin:0'><B>For the three months period ended March 31,</B> </P>
</TD><TD valign=top style=width:33.65pt><P align=center style='font:9pt Times New Roman;margin:0'>&nbsp;</P>
</TD></TR>
<TR><TD valign=top bgcolor=#C1E4F8 style=width:64.15pt><P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD colspan=6 valign=top bgcolor=#C1E4F8 style=width:217.25pt><P align=center style='font:10pt Times New Roman;margin:0'><B>2026</B></P>
</TD><TD colspan=4 valign=top bgcolor=#C1E4F8 style=width:186.6pt><P align=center style='font:10pt Times New Roman;margin:0'><B>2025</B></P>
</TD></TR>
<TR><TD valign=top style=width:64.15pt><P align=center style='font:9pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=bottom style=width:50.85pt><P align=center style='font:9pt Times New Roman;margin:0'><B>CDMO Services</B></P>
</TD><TD valign=bottom style=width:52.1pt><P align=center style='font:9pt Times New Roman;margin:0'><B>Products</B></P>
</TD><TD colspan=2 valign=bottom style=width:62.5pt><P align=center style='font:9pt Times New Roman;margin:0'><B>Elimination of inter-segment transactions</B></P>
</TD><TD valign=bottom style=width:40pt><P align=center style='font:9pt Times New Roman;margin:0'><B>Total</B></P>
</TD><TD colspan=2 valign=bottom style=width:50.55pt><P align=center style='font:9pt Times New Roman;margin:0'><B>CDMO Services</B></P>
</TD><TD valign=bottom style=width:51.8pt><P align=center style='font:9pt Times New Roman;margin:0'><B>Products</B></P>
</TD><TD valign=bottom style=width:62.4pt><P align=center style='font:9pt Times New Roman;margin:0'><B>Elimination of inter-segment transactions</B></P>
</TD><TD valign=bottom style=width:33.65pt><P align=center style='font:9pt Times New Roman;margin:0'><B>Total</B></P>
</TD></TR>
<TR><TD valign=top bgcolor=#C1E4F8 style=width:64.15pt><P style='font:9pt Times New Roman;margin:0'><B>Operating (Loss)</B></P>
</TD><TD valign=bottom bgcolor=#C1E4F8 style=width:50.85pt><P align=center style='font:9pt Times New Roman;margin:0'>(1,283)</P>
</TD><TD colspan=2 valign=bottom bgcolor=#C1E4F8 style=width:57.05pt><P align=center style='font:9pt Times New Roman;margin:0'>(551)</P>
</TD><TD valign=bottom bgcolor=#C1E4F8 style=width:57.55pt><P align=center style='font:9pt Times New Roman;margin:0'>-</P>
</TD><TD valign=bottom bgcolor=#C1E4F8 style=width:40pt><P align=center style='font:9pt Times New Roman;margin:0'>(1,834)</P>
</TD><TD colspan=2 valign=bottom bgcolor=#C1E4F8 style=width:50.55pt><P align=center style='font:9pt Times New Roman;margin:0'>(1,270)</P>
</TD><TD valign=bottom bgcolor=#C1E4F8 style=width:51.8pt><P align=center style='font:9pt Times New Roman;margin:0'>(449)</P>
</TD><TD valign=bottom bgcolor=#C1E4F8 style=width:62.4pt><P align=center style='font:9pt Times New Roman;margin:0'>-</P>
</TD><TD valign=bottom bgcolor=#C1E4F8 style=width:33.65pt><P align=center style='font:9pt Times New Roman;margin:0'>(1,719)</P>
</TD></TR>
<TR><TD valign=top style=width:64.15pt><P style='font:9pt Times New Roman;margin:0'><B>Depreciation and Amortization </B></P>
</TD><TD valign=bottom style=width:50.85pt><P align=center style='font:9pt Times New Roman;margin:0'>304</P>
</TD><TD colspan=2 valign=bottom style=width:57.05pt><P align=center style='font:9pt Times New Roman;margin:0'>124</P>
</TD><TD valign=bottom style=width:57.55pt><P align=center style='font:9pt Times New Roman;margin:0'>-</P>
</TD><TD valign=bottom style=width:40pt><P align=center style='font:9pt Times New Roman;margin:0'>428</P>
</TD><TD colspan=2 valign=bottom style=width:50.55pt><P align=center style='font:9pt Times New Roman;margin:0'>279</P>
</TD><TD valign=bottom style=width:51.8pt><P align=center style='font:9pt Times New Roman;margin:0'>120</P>
</TD><TD valign=bottom style=width:62.4pt><P align=center style='font:9pt Times New Roman;margin:0'>-</P>
</TD><TD valign=bottom style=width:33.65pt><P align=center style='font:9pt Times New Roman;margin:0'>399</P>
</TD></TR>
<TR><TD valign=top bgcolor=#C1E4F8 style='width:64.15pt;border-bottom:0.5pt solid #000000'><P style='font:9pt Times New Roman;margin:0'><B>Share Based Payment</B></P>
</TD><TD valign=bottom bgcolor=#C1E4F8 style='width:50.85pt;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'>75</P>
</TD><TD colspan=2 valign=bottom bgcolor=#C1E4F8 style='width:57.05pt;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'>141</P>
</TD><TD valign=bottom bgcolor=#C1E4F8 style='width:57.55pt;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'>-</P>
</TD><TD valign=bottom bgcolor=#C1E4F8 style='width:40pt;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'>216</P>
</TD><TD colspan=2 valign=bottom bgcolor=#C1E4F8 style='width:50.55pt;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'>38</P>
</TD><TD valign=bottom bgcolor=#C1E4F8 style='width:51.8pt;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'>94</P>
</TD><TD valign=bottom bgcolor=#C1E4F8 style='width:62.4pt;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'>-</P>
</TD><TD valign=bottom bgcolor=#C1E4F8 style='width:33.65pt;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'>132</P>
</TD></TR>
<TR><TD valign=top style='width:64.15pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:9pt Times New Roman;margin:0'><B>Adjusted EBITDA (Non-IFRS)</B></P>
</TD><TD valign=bottom style='width:50.85pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'><B>(904)</B></P>
</TD><TD colspan=2 valign=bottom style='width:57.05pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'><B>(286)</B></P>
</TD><TD valign=bottom style='width:57.55pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'><B>-</B></P>
</TD><TD valign=bottom style='width:40pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'><B>(1,190)</B></P>
</TD><TD colspan=2 valign=bottom style='width:50.55pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'><B>(953)</B></P>
</TD><TD valign=bottom style='width:51.8pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'><B>(235)</B></P>
</TD><TD valign=bottom style='width:62.4pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'><B>-</B></P>
</TD><TD valign=bottom style='width:33.65pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:9pt Times New Roman;margin:0'><B>(1,188)(*)</B></P>
</TD></TR>
</TABLE>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>(*) The Adjusted EBITDA figures for the three months ended March 31, 2025, as previously reported, included finance expenses of $220 thousand. These have been excluded from the restated comparative figures presented herein in order to align with the current period&#8217;s methodology and to ensure comparability between periods. Management believes this presentation more accurately reflects the Company&#8217;s underlying operational performance</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'> &nbsp;</P>
<HR style='border:0;height:0;width:0;margin:14pt 0 0 0'><P align=center style='font:10pt Times New Roman;margin:0'>5</P>
<HR style='page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0'><P style=line-height:0;margin:0></P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'><B>About BioHarvest</B></P>
<P align=justify style='font:12pt Times New Roman;margin:0'>BioHarvest (NASDAQ: BHST) (FSE: 8MV) is a leader in Botanical Synthesis, leveraging its patented technology platform to grow plant-based compounds, without the need to grow the underlying plant. BioHarvest is leveraging its botanical synthesis technology to develop the next generation of science-based and clinically proven therapeutic solutions within two major business verticals; as a contract development and manufacturing organization (CDMO) on behalf of customers seeking novel plant-based compounds, and as a creator of proprietary nutraceutical health and wellness products, which includes dietary supplements. To learn more, please visit <FONT style='color:#467886;border-bottom:1px solid #467886'>www.bioharvest.com</FONT>.</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'><B>Forward-Looking Statements</B></P>
<P align=justify style='font:12pt Times New Roman;margin:0'>This news release contains forward-looking statements within the meaning of applicable securities laws. These statements are based on management&#8217;s current expectations, beliefs, and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. For the CDMO Services Business Unit, there is no assurance of additional future contracts, and readers are cautioned that increased revenue is not necessarily an increase in net income or profitability as costs will likely increase as well. There is no assurance that signed research agreements will proceed past a contracted stage, or that a developed molecule or compound will be commercialized or will generate royalties to the Company. Successful commercialization of any compound developed will be subject to consumer preferences, advertising budgets and other factors affecting market acceptance of new products which are uncertain and cannot be assured. For the Products Business Unit, launching new products is subject to risks and uncertainties including the risk that the market will not accept the product or that government approvals required for sale or import of the products will not be obtained. There is never an assurance that any product set will successfully disrupt established product categories, or that increased marketing spend will successfully expand demographic appeal or market share. &nbsp;Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by applicable law. Additional information is contained in the Company&#8217;s SEC filings, available at <FONT style='color:#467886;border-bottom:1px solid #467886'>http://www.sec.gov</FONT>.</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'><B>BioHarvest Company Contact: </B></P>
<P style='font:12pt Times New Roman;margin:0'>Dave Ryan, VP Investor Relations</P>
<P style='font:12pt Times New Roman;margin:0'>(604) 622-1186</P>
<P style='font:12pt Times New Roman;margin:0'><FONT style='color:#467886;border-bottom:1px solid #467886'>info@bioharvest.com</FONT> </P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'><B>Investor Relations Contact:</B></P>
<P style='font:12pt Times New Roman;margin:0'>Chuck Padala, Managing Director</P>
<P style='font:12pt Times New Roman;margin:0'>LifeSci Advisors</P>
<P style='font:12pt Times New Roman;margin:0;color:#467886'><FONT style='border-bottom:1px solid #467886'>chuck@lifesciadvisors.com</FONT></P>
<P style='font:12pt Times New Roman;margin:0'> &nbsp;</P>
<HR style='border:0;height:0;width:0;margin:14pt 0 0 0'><P align=center style='font:10pt Times New Roman;margin:0'>6</P>
<HR style='page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0'><P style=line-height:0;margin:0></P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:11pt Times New Roman;margin:0'><FONT style=font-size:14pt><B>BioHarvest</B><B> </B><B>Sciences</B><B> </B><B>Inc.</B><B> </B><B>and</B><B> </B><B>its</B><B> </B><B>subsidiaries</B></FONT></P>
<P align=justify style='font:11pt Times New Roman;margin:0'><B>Unaudited Interim Condensed Consolidated Statements of Financial Position</B></P>
<P align=justify style='font:10pt Times New Roman;margin:0'><B>USD dollars in thousands</B></P>
<TABLE style=border-collapse:collapse;width:481.95pt><TR style=height:3.7pt><TD valign=middle style='width:233.9pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000' rowspan='2'><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=bottom style='width:35.45pt;border-top:0.5pt solid #000000' rowspan='2'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:2.85pt'><B>Note</B></P>
</TD><TD valign=bottom style='width:106.3pt;border-top:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-right:2.85pt'><B>As of March 31,</B></P>
</TD><TD valign=bottom style='width:106.3pt;border-top:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-right:2.85pt'><B>As of December 31,</B></P>
</TD></TR>
<TR style=height:3.7pt><TD valign=bottom style='width:106.3pt;border-bottom:1.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0'><B>2026</B></P>
</TD><TD valign=bottom style='width:106.3pt;border-bottom:1.5pt solid #000000;border-right:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0'><B>2025</B></P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><B>Assets</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:35.45pt;border-top:1.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt'>&nbsp;</P>
</TD><TD valign=bottom bgcolor=#C1E4F5 style='width:106.3pt;border-top:1.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:17pt;margin-right:17pt'>&nbsp;</P>
</TD><TD valign=bottom bgcolor=#C1E4F5 style='width:106.3pt;border-top:1.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:17pt;margin-right:17pt'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><B>Current assets</B></P>
</TD><TD valign=middle style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=bottom style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:17pt;margin-right:17pt;color:#000000'>&nbsp;</P>
</TD><TD valign=bottom style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:17pt;margin-right:17pt;color:#000000'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Cash and cash equivalents</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>$ 19,167</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>$ 23,025</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Bank deposits</P>
</TD><TD valign=middle style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>1,001</B></P>
</TD><TD valign=middle style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>-</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Trade accounts receivable</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>2,120</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>1,981</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Other accounts receivable</P>
</TD><TD valign=middle style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>1,061</B></P>
</TD><TD valign=middle style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>935</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Inventory</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:35.45pt;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-bottom:1pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>4,971</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-bottom:1pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>4,559</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><B>Total current assets</B></P>
</TD><TD valign=middle style='width:35.45pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:106.3pt;border-top:1pt solid #000000;border-bottom:1pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>28,320</B></P>
</TD><TD valign=middle style='width:106.3pt;border-top:1pt solid #000000;border-bottom:1pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>30,500</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:2.85pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:35.45pt;border-top:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-top:1pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-top:1pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><B>Non-current assets</B></P>
</TD><TD valign=middle style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Restricted cash</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>436</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>433</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Property, plant and equipment, net</P>
</TD><TD valign=middle style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>8,550</B></P>
</TD><TD valign=middle style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>8,326</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Right-of-use assets, net</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:35.45pt;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-bottom:1pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'><B>8,252</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-bottom:1pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>8,406</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><B>Total non-current assets</B></P>
</TD><TD valign=middle style='width:35.45pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:106.3pt;border-top:1pt solid #000000;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>17,238</B></P>
</TD><TD valign=middle style='width:106.3pt;border-top:1pt solid #000000;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>17,165</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000;border-bottom:1.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><B>Total assets</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:35.45pt;border-top:0.5pt solid #000000;border-bottom:1.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-top:0.5pt solid #000000;border-bottom:1.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>$ 45,558</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-top:0.5pt solid #000000;border-bottom:1.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>$ 47,665</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-top:1.5pt solid #000000;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:2.85pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:35.45pt;border-top:1.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:106.3pt;border-top:1.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD><TD valign=middle style='width:106.3pt;border-top:1.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><B>Liabilities</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:7.1pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><B>Current liabilities</B></P>
</TD><TD valign=middle style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Trade accounts payable</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>$ 2,682</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>$ 2,627</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Other accounts payable</P>
</TD><TD valign=middle style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>2,631</B></P>
</TD><TD valign=middle style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>2,173</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt'>Deferred revenue</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:0.15pt'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'><B>474</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>492</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt'>Lease liabilities</P>
</TD><TD valign=middle style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:0.15pt'>&nbsp;</P>
</TD><TD valign=middle style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'><B>1,271</B></P>
</TD><TD valign=middle style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>1,405</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt'>Loans</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:0.15pt'>3</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'><B>1,732</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>149</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt'>Liability for Agricultural Research Organization</P>
</TD><TD valign=middle style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:0.15pt;color:#000000'>6</P>
</TD><TD valign=middle style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'><B>457</B></P>
</TD><TD valign=middle style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>452</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Accrued liabilities</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:35.45pt;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-bottom:1pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'><B>331</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-bottom:1pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>386</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><B>Total current liabilities</B></P>
</TD><TD valign=middle style='width:35.45pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:106.3pt;border-top:1pt solid #000000;border-bottom:1pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>9,578</B></P>
</TD><TD valign=middle style='width:106.3pt;border-top:1pt solid #000000;border-bottom:1pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>7,684</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:2.85pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:35.45pt;border-top:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-top:1pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-top:1pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><B>Non-current liabilities</B></P>
</TD><TD valign=middle style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Lease liabilities</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>10,251</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>10,130</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Loans</P>
</TD><TD valign=middle style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:0.15pt;color:#000000'>3</P>
</TD><TD valign=middle style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:5.65pt;margin-right:5.65pt'><B>786</B></P>
</TD><TD valign=middle style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:5.65pt;margin-right:5.65pt'>2,420</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Liability for <FONT style=font-family:Aptos>Agricultural Research Organization</FONT></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:35.45pt;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:0.15pt;color:#000000'>6</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>1,920</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>1,983</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><B>Total non-current liabilities</B></P>
</TD><TD valign=middle style='width:35.45pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:106.3pt;border-top:1pt solid #000000;border-bottom:1pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>12,957</B></P>
</TD><TD valign=middle style='width:106.3pt;border-top:1pt solid #000000;border-bottom:1pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>14,533</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:35.45pt;border-top:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-top:1pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-top:1pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><B>Shareholders&#8217; equity</B></P>
</TD><TD valign=middle style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:0.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Share capital and contributed surplus</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:35.45pt><P align=center style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:0.15pt;color:#000000'>4</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:106.3pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>133,217</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>133,001</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Accumulated deficit</P>
</TD><TD valign=middle style='width:35.45pt;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:2.85pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:106.3pt;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>(110,194)</B></P>
</TD><TD valign=middle style='width:106.3pt;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;text-indent:-1.4pt;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>(107,553)</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><B>Total Shareholders&#8217; equity</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:35.45pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:2.85pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-top:0.5pt solid #000000;border-bottom:1pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>23,023</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-top:0.5pt solid #000000;border-bottom:1pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>25,448</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:233.9pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:2.85pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:35.45pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:2.85pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:106.3pt;border-top:1pt solid #000000;border-bottom:1pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD><TD valign=middle style='width:106.3pt;border-top:1pt solid #000000;border-bottom:1pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#C1E4F5 style='width:233.9pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><B>Total liabilities and shareholders&#8217; equity</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:35.45pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:2.85pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-top:1pt solid #000000;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>$ 45,558</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:106.3pt;border-top:1pt solid #000000;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>$ 47,665</P>
</TD></TR>
</TABLE>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'> &nbsp;</P>
<HR style='border:0;height:0;width:0;margin:14pt 0 0 0'><P align=center style='font:10pt Times New Roman;margin:0'>7</P>
<HR style='page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0'><P style=line-height:0;margin:0></P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=center style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:11pt Times New Roman;margin:0'><FONT style=font-size:14pt><B>BioHarvest</B><B> </B><B>Sciences</B><B> </B><B>Inc.</B><B> </B><B>and</B><B> </B><B>its</B><B> </B><B>subsidiaries</B></FONT></P>
<P align=justify style='font:11pt Times New Roman;margin:0'><B>Unaudited Interim Condensed Consolidated Statements of Loss and Other Comprehensive Loss</B></P>
<P align=justify style='font:10pt Times New Roman;margin:0'><B>USD in thousands, except per share data </B></P>
<TABLE style=border-collapse:collapse;width:481.95pt><TR style=height:2.2pt><TD valign=bottom style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000' rowspan='2'><P align=justify style='font:10pt Times New Roman;margin-top:7.2pt;margin-bottom:0pt;color:#000000'>&nbsp;</P>
</TD><TD valign=top style='width:42.5pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-right:2.85pt'>&nbsp;</P>
</TD><TD colspan=2 valign=bottom style='width:198.45pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000;border-bottom:1.5pt solid #000000;border-right:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-right:2.85pt'><B>Three Months Ended March 31,</B></P>
</TD></TR>
<TR style=height:11.9pt><TD valign=top style=width:42.5pt;padding-left:1.4pt;padding-right:1.4pt><P align=center style='font:10pt Times New Roman;margin:0;margin-right:2.85pt'>&nbsp;</P>
</TD><TD valign=bottom style='width:99.25pt;padding-left:1.4pt;padding-right:1.4pt;border-top:1.5pt solid #000000;border-bottom:1.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-right:2.85pt'><B>2026</B></P>
</TD><TD valign=bottom style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-top:1.5pt solid #000000;border-bottom:1.5pt solid #000000;border-right:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-right:2.85pt'><B>2025</B></P>
</TD></TR>
<TR style=height:17pt><TD valign=middle bgcolor=#C1E4F5 style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Revenues</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:42.5pt;padding-left:1.4pt;padding-right:1.4pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:99.25pt;padding-left:1.4pt;padding-right:1.4pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>$ 8,507</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>$ 7,860</P>
</TD></TR>
<TR style=height:17pt><TD valign=middle style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Cost of revenues</P>
</TD><TD valign=middle style='width:42.5pt;padding-left:1.4pt;padding-right:1.4pt;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:99.25pt;padding-left:1.4pt;padding-right:1.4pt;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>(3,470)</B></P>
</TD><TD valign=middle style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>(3,265)</P>
</TD></TR>
<TR style=height:17pt><TD valign=middle bgcolor=#C1E4F5 style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0'><B>Gross profit</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:42.5pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:99.25pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>5,037</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>4,595</P>
</TD></TR>
<TR style=height:17pt><TD valign=middle style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-left:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0'>&nbsp;</P>
</TD><TD valign=middle style=width:42.5pt;padding-left:1.4pt;padding-right:1.4pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style=width:99.25pt;padding-left:1.4pt;padding-right:1.4pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD></TR>
<TR style=height:17pt><TD valign=middle bgcolor=#C1E4F5 style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><FONT style=font-family:Aptos><B>Operating</B><B> </B><B>expenses</B></FONT></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:42.5pt;padding-left:1.4pt;padding-right:1.4pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:99.25pt;padding-left:1.4pt;padding-right:1.4pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD></TR>
<TR style=height:17pt><TD valign=middle style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Research and development</P>
</TD><TD valign=middle style=width:42.5pt;padding-left:1.4pt;padding-right:1.4pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style=width:99.25pt;padding-left:1.4pt;padding-right:1.4pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>(1,394)</B></P>
</TD><TD valign=middle style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>(1,245)</P>
</TD></TR>
<TR style=height:17pt><TD valign=middle bgcolor=#C1E4F5 style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Sales and marketing</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:42.5pt;padding-left:1.4pt;padding-right:1.4pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:99.25pt;padding-left:1.4pt;padding-right:1.4pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>(4,126)</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>(3,681)</P>
</TD></TR>
<TR style=height:17pt><TD valign=middle style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>General and administrative</P>
</TD><TD valign=middle style='width:42.5pt;padding-left:1.4pt;padding-right:1.4pt;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:99.25pt;padding-left:1.4pt;padding-right:1.4pt;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>(1,351)</B></P>
</TD><TD valign=middle style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>(1,388)</P>
</TD></TR>
<TR style=height:17pt><TD valign=middle bgcolor=#C1E4F5 style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0'><B>Total operating expenses</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:42.5pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:99.25pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>(6,871)</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>(6,314)</P>
</TD></TR>
<TR style=height:17pt><TD valign=middle style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-left:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0'>&nbsp;</P>
</TD><TD valign=middle style=width:42.5pt;padding-left:1.4pt;padding-right:1.4pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD><TD valign=middle style=width:99.25pt;padding-left:1.4pt;padding-right:1.4pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD><TD valign=middle style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD></TR>
<TR style=height:17pt><TD valign=middle bgcolor=#C1E4F5 style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-left:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0'><B>Operating loss</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:42.5pt;padding-left:1.4pt;padding-right:1.4pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:99.25pt;padding-left:1.4pt;padding-right:1.4pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>(1,834)</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>(1,719)</P>
</TD></TR>
<TR style=height:17pt><TD valign=middle style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Finance income</P>
</TD><TD valign=middle style=width:42.5pt;padding-left:1.4pt;padding-right:1.4pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style=width:99.25pt;padding-left:1.4pt;padding-right:1.4pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>114</B></P>
</TD><TD valign=middle style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>-</P>
</TD></TR>
<TR style=height:17pt><TD valign=middle bgcolor=#C1E4F5 style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Finance expenses</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:42.5pt;padding-left:1.4pt;padding-right:1.4pt;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:99.25pt;padding-left:1.4pt;padding-right:1.4pt;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>(875)</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>(581)</P>
</TD></TR>
<TR style=height:17pt><TD valign=middle bgcolor=#FFFFFF style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0'><B>Net loss before tax</B></P>
</TD><TD valign=middle bgcolor=#FFFFFF style='width:42.5pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#FFFFFF style='width:99.25pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>(2,595)</B></P>
</TD><TD valign=middle bgcolor=#FFFFFF style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>(2,300)</P>
</TD></TR>
<TR style=height:17pt><TD valign=middle bgcolor=#C1E4F5 style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Taxes on income</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:42.5pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:99.25pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>(46)</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>(38)</P>
</TD></TR>
<TR style=height:17pt><TD valign=middle bgcolor=#FFFFFF style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000;border-bottom:1.5pt solid #000000'><P style='font:10pt Aptos;margin:0'><B>Net loss and comprehensive loss</B></P>
</TD><TD valign=middle bgcolor=#FFFFFF style='width:42.5pt;padding-left:1.4pt;padding-right:1.4pt;border-top:0.5pt solid #000000;border-bottom:1.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#FFFFFF style='width:99.25pt;padding-left:1.4pt;padding-right:1.4pt;border-top:1pt solid #000000;border-bottom:1.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt;color:#000000'><B>(2,641)</B></P>
</TD><TD valign=middle bgcolor=#FFFFFF style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-top:1pt solid #000000;border-bottom:1.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>$ (2,338)</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle bgcolor=#FFFFFF style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-top:1.5pt solid #000000;border-left:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0'>&nbsp;</P>
</TD><TD valign=top bgcolor=#FFFFFF style='width:42.5pt;padding-left:1.4pt;padding-right:1.4pt;border-top:1.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#FFFFFF style='width:99.25pt;padding-left:1.4pt;padding-right:1.4pt;border-top:1.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#FFFFFF style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-top:1.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=middle style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>Basic and diluted loss per share</P>
</TD><TD valign=top style=width:42.5pt;padding-left:1.4pt;padding-right:1.4pt><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD><TD valign=middle style=width:99.25pt;padding-left:1.4pt;padding-right:1.4pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>(0.11)</P>
</TD><TD valign=middle style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'> (0.13)</P>
</TD></TR>
<TR style=height:5.4pt><TD valign=middle bgcolor=#FFFFFF style='width:241pt;padding-left:1.4pt;padding-right:1.4pt;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>Weighted average number of shares outstanding</P>
</TD><TD valign=top bgcolor=#FFFFFF style='width:42.5pt;padding-left:1.4pt;padding-right:1.4pt;border-bottom:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#FFFFFF style='width:99.25pt;padding-left:1.4pt;padding-right:1.4pt;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>22,667,365</P>
</TD><TD valign=middle bgcolor=#FFFFFF style='width:99.2pt;padding-left:1.4pt;padding-right:1.4pt;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:5.65pt'>17,327,716</P>
</TD></TR>
</TABLE>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0'> &nbsp;</P>
<HR style='border:0;height:0;width:0;margin:14pt 0 0 0'><P align=center style='font:10pt Times New Roman;margin:0'>8</P>
<HR style='page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0'><P style=line-height:0;margin:0></P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:14pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:11pt Times New Roman;margin:0'><FONT style=font-size:14pt><B>BioHarvest</B><B> </B><B>Sciences</B><B> </B><B>Inc.</B><B> </B><B>and</B><B> </B><B>its</B><B> </B><B>subsidiaries</B></FONT></P>
<P align=justify style='font:11pt Times New Roman;margin:0'><B>Unaudited Interim Condensed Consolidated Statements of Cash Flows</B></P>
<P align=justify style='font:10pt Times New Roman;margin:0'><B>USD in thousands</B></P>
<TABLE style=border-collapse:collapse;width:481.95pt><TR style=height:9.55pt><TD valign=bottom style='width:340.2pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD colspan=2 valign=middle style='width:141.75pt;border-top:0.5pt solid #000000;border-bottom:1.5pt solid #000000;border-right:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:2.85pt'><B>Three Months Ended March 31,</B></P>
</TD></TR>
<TR style=height:9.55pt><TD valign=bottom style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=bottom style='width:70.9pt;border-bottom:1.5pt solid #000000'><P align=center style='font:10pt Aptos;margin:0'><FONT style='font-family:Times New Roman'><B>2026</B></FONT></P>
</TD><TD valign=bottom style='width:70.85pt;border-top:1.5pt solid #000000;border-bottom:1.5pt solid #000000;border-right:0.5pt solid #000000'><P align=center style='font:10pt Aptos;margin:0'><FONT style='font-family:Times New Roman'><B>2025</B></FONT></P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0'><FONT style='font-family:Times New Roman'><B>Cash</B><B> </B><B>flows</B><B> </B><B>from</B><B> </B><B>operating</B><B> </B><B>activities:</B></FONT></P>
</TD><TD valign=top bgcolor=#C1E4F5 style='width:70.9pt;border-top:1.5pt solid #000000'><P align=center style='font:10pt Aptos;margin:0;margin-left:2.85pt'>&nbsp;</P>
</TD><TD valign=top bgcolor=#C1E4F5 style='width:70.85pt;border-top:1.5pt solid #000000;border-right:0.5pt solid #000000'><P align=center style='font:10pt Aptos;margin:0;margin-left:2.85pt'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0;margin-left:5.65pt'><FONT style='font-family:Times New Roman'>Net loss</FONT></P>
</TD><TD valign=top style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>$ (2,641)</B></P>
</TD><TD valign=top style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>$ (2,338)</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0'><B>Adjustments to reconcile net loss to net cash used in operating activities:</B></P>
</TD><TD valign=top bgcolor=#C1E4F5 style=width:70.9pt><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:13.85pt;color:#FF0000'>&nbsp;</P>
</TD><TD valign=top bgcolor=#C1E4F5 style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:13.85pt;color:#FF0000'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#FFFFFF style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt'>Depreciation and Amortization</P>
</TD><TD valign=bottom bgcolor=#FFFFFF style=width:70.9pt><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:7.15pt'><B>428</B></P>
</TD><TD valign=bottom bgcolor=#FFFFFF style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:7.15pt'><FONT style='font-family:Times New Roman'>399</FONT></P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Interest over Liability for Agricultural Research Organization</P>
</TD><TD valign=bottom bgcolor=#C1E4F5 style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>57</B></P>
</TD><TD valign=bottom bgcolor=#C1E4F5 style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>70</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#FFFFFF style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Finance expense (income), net</P>
</TD><TD valign=bottom bgcolor=#FFFFFF style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt'><B>552</B></P>
</TD><TD valign=bottom bgcolor=#FFFFFF style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt'>299</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Share based compensation</P>
</TD><TD valign=bottom bgcolor=#C1E4F5 style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>216</B></P>
</TD><TD valign=bottom bgcolor=#C1E4F5 style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>132</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0'><FONT style='font-family:Times New Roman'><B>Adjustments</B><B> </B><B>for</B><B> </B><B>changes</B><B> </B><B>in</B><B> </B><B>working</B><B> </B><B>capital</B><B>:</B></FONT></P>
</TD><TD valign=bottom style=width:70.9pt><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:7.15pt'>&nbsp;</P>
</TD><TD valign=bottom style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:7.15pt'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Change in Trade accounts receivable</P>
</TD><TD valign=top bgcolor=#C1E4F5 style=width:70.9pt><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:7.15pt'><B>(139)</B></P>
</TD><TD valign=top bgcolor=#C1E4F5 style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:7.15pt'><FONT style='font-family:Times New Roman'>(360)</FONT></P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Change in Other accounts receivable</P>
</TD><TD valign=top style=width:70.9pt><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:7.15pt'><B>(135)</B></P>
</TD><TD valign=top style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:7.15pt'><FONT style='font-family:Times New Roman'>(59)</FONT></P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Change in Inventory</P>
</TD><TD valign=top bgcolor=#C1E4F5 style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt'><B>(412)</B></P>
</TD><TD valign=top bgcolor=#C1E4F5 style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt'>(357)</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Changes in Trade accounts payable, Other accounts payable and Accrued liabilities</P>
</TD><TD valign=top style=width:70.9pt><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:7.15pt'><B>712</B></P>
</TD><TD valign=top style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:7.15pt'><FONT style='font-family:Times New Roman'>563</FONT></P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Changes in deferred revenue</P>
</TD><TD valign=top bgcolor=#C1E4F5 style='width:70.9pt;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt'><B>(17)</B></P>
</TD><TD valign=top bgcolor=#C1E4F5 style='width:70.85pt;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt'>224</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0'><B>Net cash </B><FONT style='font-family:Times New Roman'><B>used</B><B> </B><B>in</B></FONT><B> operating activities</B></P>
</TD><TD valign=middle style='width:70.9pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>(1,379)</B></P>
</TD><TD valign=middle style='width:70.85pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>(1,427)</B></P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.9pt;border-top:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.85pt;border-top:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;color:#000000'><B>Cash flow from investing activities:</B></P>
</TD><TD valign=bottom style=width:70.9pt><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:13.85pt'>&nbsp;</P>
</TD><TD valign=bottom style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:13.85pt'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Purchase of property and equipment</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>(593)</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>(684)</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Deposit of restricted cash for bank guarantee, net of drawing</P>
</TD><TD valign=middle style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt'><B>-</B></P>
</TD><TD valign=middle style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt'>4</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Deposits placed in short-term bank deposits</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.9pt;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt'><B>(1,000)</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.85pt;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt'>-</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0'><B>Net cash used in </B><FONT style='font-family:Times New Roman'><B>investing</B><B> </B></FONT><B>activities</B></P>
</TD><TD valign=middle style='width:70.9pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>(1,593)</B></P>
</TD><TD valign=middle style='width:70.85pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>(680)</B></P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.9pt;border-top:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.85pt;border-top:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0'><FONT style='font-family:Times New Roman'><B>Cash</B><B> </B><B>flow</B><B> </B><B>from</B><B> </B><B>financing</B><B> </B><B>activities</B></FONT></P>
</TD><TD valign=middle style=width:70.9pt><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:13.85pt'>&nbsp;</P>
</TD><TD valign=middle style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:13.85pt'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Repayments of lease liabilities</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>(507)</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>(221)</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Repayments of loans (principal and interest)</P>
</TD><TD valign=middle style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>(198)</B></P>
</TD><TD valign=middle style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>-</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Repayment of royalties&#8217; liability to the Agricultural Research Organization</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>(105)</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>-</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Proceeds from loans</P>
</TD><TD valign=middle style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>-</B></P>
</TD><TD valign=middle style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>3,343</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;color:#000000'>Payments of finder fees</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>(30)</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>-</B></P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0'><B>Net cash (used in) provided by financing activities</B></P>
</TD><TD valign=middle style='width:70.9pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>(840)</B></P>
</TD><TD valign=middle style='width:70.85pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>3,122</B></P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0;text-indent:-8.5pt;margin-left:11.35pt'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.9pt;border-top:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.85pt;border-top:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0;margin-left:5.65pt'><FONT style='font-family:Times New Roman'>Exchange rate differences on cash and cash equivalents</FONT></P>
</TD><TD valign=bottom style=width:70.9pt><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:7.15pt'><B>(46)</B></P>
</TD><TD valign=bottom style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Aptos;margin:0;margin-left:5.65pt;margin-right:7.15pt'><FONT style='font-family:Times New Roman'>(4)</FONT></P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0;margin-left:5.65pt'><FONT style='font-family:Times New Roman'>Increase (decrease) in cash and cash equivalents</FONT></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>(3,812)</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>1,015</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Aptos;margin:0;margin-left:5.65pt'><FONT style='font-family:Times New Roman'>Cash and cash equivalents at the beginning of the period</FONT></P>
</TD><TD valign=middle style='width:70.9pt;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>23,025</B></P>
</TD><TD valign=middle style='width:70.85pt;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>2,390</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-top:0.5pt solid #000000;border-left:0.5pt solid #000000;border-bottom:1.5pt solid #000000'><P style='font:10pt Aptos;margin:0'><FONT style='font-family:Times New Roman'><B>Cash</B><B> </B><B>and</B><B> </B><B>cash</B><B> </B><B>equivalents</B><B> </B><B>at</B><B> </B><B>the</B><B> </B><B>end</B><B> </B><B>of</B><B> </B><B>the</B><B> </B><B>period</B></FONT></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.9pt;border-top:0.5pt solid #000000;border-bottom:1.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>$ 19,167</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.85pt;border-top:0.5pt solid #000000;border-bottom:1.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>$ 3,401</P>
</TD></TR>
<TR style=height:2pt><TD valign=bottom style='width:340.2pt;border-top:1.5pt solid #000000;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
</TD><TD valign=middle style='width:70.9pt;border-top:1.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style='width:70.85pt;border-top:1.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0'><B>Supplemental disclosure of significant non-cash transactions:</B></P>
</TD><TD valign=middle bgcolor=#C1E4F5 style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=middle bgcolor=#C1E4F5 style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt'>Recognition of right-of-use assets and lease liabilities</P>
</TD><TD valign=bottom style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>127</B></P>
</TD><TD valign=bottom style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>-</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt'>&nbsp;</P>
</TD><TD valign=bottom bgcolor=#C1E4F5 style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>&nbsp;</P>
</TD><TD valign=bottom bgcolor=#C1E4F5 style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom style='width:340.2pt;border-left:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0'><B>Supplemental disclosure of cash flow information:</B></P>
</TD><TD valign=bottom style=width:70.9pt><P align=right style='font:10pt Times New Roman;margin:0;margin-right:7.15pt'>&nbsp;</P>
</TD><TD valign=bottom style='width:70.85pt;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-right:7.15pt'>&nbsp;</P>
</TD></TR>
<TR style=height:11.9pt><TD valign=bottom bgcolor=#C1E4F5 style='width:340.2pt;border-left:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-left:5.65pt'>Taxes paid</P>
</TD><TD valign=bottom bgcolor=#C1E4F5 style='width:70.9pt;border-bottom:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'><B>-</B></P>
</TD><TD valign=bottom bgcolor=#C1E4F5 style='width:70.85pt;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000'><P align=right style='font:10pt Times New Roman;margin:0;margin-left:5.65pt;margin-right:7.15pt;color:#000000'>-</P>
</TD></TR>
</TABLE>
<P align=center style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=center style='font:12pt Times New Roman;margin:0'> &nbsp;</P>
<HR style='border:0;height:0;width:0;margin:14pt 0 0 0'><P align=center style='font:10pt Times New Roman;margin:0'>9</P>
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