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Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 6,704 $ 3,114
Marketable securities 73,454 2,356
Restricted cash 54 49
Prepaid expenses and other current assets 573 300
Total current assets 80,785 5,819
Property and equipment, net 78 80
Operating right-of-use assets 897 132
Total assets 81,760 6,031
Current liabilities:    
Accounts payable 509 165
Lease liabilities 297 70
Accrued liabilities 2,128 2,225
Total current liabilities 2,934 2,460
Non-current liabilities:    
Long-term lease liabilities 602 41
Total liabilities 3,536 2,501
Shareholders’ equity:    
Common stock; $0.01 par value; 120,000,000 and 60,000,000 shares authorized as of September 30, 2025 and December 31, 2024, respectively; 65,833,556 and 19,399,513 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively. 659 195
Additional paid-in capital 178,187 94,279
Accumulated deficit (100,622) (90,944)
Total shareholders’ equity 78,224 3,530
Total liabilities and shareholders’ equity $ 81,760 $ 6,031