XML 26 R14.htm IDEA: XBRL DOCUMENT v3.25.2
SEGMENT REPORTING
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING

NOTE 5 – SEGMENT REPORTING

 

Segment information is prepared on the same basis that the Company’s chief operating decision maker (“CODM”), the Chief Executive Officer, manages the business, makes business decisions and assesses performance. The Company has one operating and reportable segment, which is the development of robotic devices for endoluminal surgery. See Note 1A for further details.

 

The CODM assesses performance for this segment and decides how to allocate resources based on net loss. The measure of segment assets is reported on the balance sheet as cash and cash equivalents and marketable securities. The chief executive officer performs the assessment of segment performance by using the reported measure of segment loss to monitor actual results.

 

The table below summarizes the significant expense categories regularly reviewed by the CODM for the three and six months ended June 30, 2025, and 2024:

 

   2025   2024   2025   2024 
   Three Months Ended
June 30,		  

Six Months Ended

June 30,

 
   2025   2024   2025   2024 
Significant segment expenses:                    
Payroll and payroll related  $1,576   $1,117   $3,124   $2,184 
Materials and subcontractors   665    380    943    644 
Share-based compensation   237    330    493    784 
Other segment items (*)   1,022    638    1,541    1,224 
Net loss  $3,500   $2,465   $6,101   $4,836 

 

(*) Other segment items included within net loss include professional services, patents, overhead and depreciation, travel expenses, insurance expenses, financial income, net, other income and other miscellaneous expenses net of grants received. See the consolidated financial statements for other financial information regarding the Company’s operating segment.