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LEASES
9 Months Ended
Sep. 30, 2025
Leases  
LEASES

NOTE 6 – LEASES

 

In March 2025, the Company entered into a lease agreement for its US office for the period from March 2025 until February 2027. The monthly lease payments are approximately $2.

 

In July 2025, the Subsidiary entered into a lease agreement for its Israel office for the period from July 2025 until October 2029. The monthly lease payments are approximately $19. To secure the lease payments, the Company issued a bank guarantee of $54 in favor of the facility’s lessor.

 

Additionally, the Company has several agreements for car leases.

 

Future minimum lease obligations under our non-cancelable lease agreements as of September 30, 2025 were as follows:

 

      
2025  $81 
2026   298 
2027   247 
2028   229 
2029   189 
Total future lease payments   1,044 
Less imputed interest   (145)
Total lease liabilities  $899 

 

The following table includes the weighted-average lease terms and discount rates for operating leases as of September 30, 2025:

 

SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO LEASES

Operating leases weighted average remaining lease term (in years)   3.82 
Operating leases weighted average discount rate   8.13%

 

The following table presents the components of the Company’s lease cost and the classification of such costs in the Company’s consolidated statements of comprehensive loss for the nine and three months ended September 30, 2025:

   Three months ended   Nine months ended 
   September 30, 2025   September 30, 2025 
Operating lease expenses  $94   $191 

 

Supplemental cash flow information related to operating leases for the nine months ended September 30, 2025 as follows:

 

      
Cash paid under operating lease agreements  $129 
Right-of-use assets obtained in exchange for lease liabilities  $893