XML 52 R26.htm IDEA: XBRL DOCUMENT
v3.26.1

TAXES ON INCOME | 12 Months Ended
--- | ---
Dec. 31, 2025
Income Tax Disclosure [Abstract] |
TAXES ON INCOME | NOTE 19 - TAXES ON INCOME:
| A. | Taxes on income:
The Israeli corporate tax rate was 23% in 2025 and 2024.
| B. | Net operating losses carry forwards:
Carryforward tax losses of the Company as of December 31, 2023, amounted to approximately $24,000; however, a full valuation allowance of $7,000 was recorded against the potential future tax benefits. Carryforward tax losses of the Company as of December 31, 2024, amounted to approximately $29,000; however, a full valuation allowance of $8,000 was recorded against the potential future tax benefits. Carryforward tax losses of the Company as of December 31, 2025, amounted to approximately $41,000; however, a full valuation allowance of $11,000 was recorded against the potential future tax benefits. The deferred tax assets and liabilities are composed of the following:
|  | December 31, 2025 |  |  | December 31, 2024 |
Deferred tax assets: |  |  |  |  |  |
Net operating loss carryforward |  |  | 9,404 |  |  |  | 6,739 |
Accrued expenses |  |  | 86 |  |  |  | 97 |
R&D temporary differences |  |  | 1,310 |  |  |  | 1,218 |
Fund raising costs 2023 |  |  | - |  |  |  | 35 |
Operating lease liability |  |  | 10 |  |  |  | 8 |
Total deferred tax assets |  |  | 10,810 |  |  |  | 8,097 |
Valuation allowance |  |  | (10,810 | ) |  |  | (8,097 | )
Deferred tax liabilities: |  |  |  |  |  |  |  |
Total deferred tax liabilities |  |  | - |  |  |  | - |
Net deferred taxes |  |  | - |  |  |  | - |
| C. | Theoretical tax:
|  | Year ended December 31, 2025 |  |  | Year ended December 31, 2024 |  |  | Year ended December 31, 2023 |
Loss before taxation |  |  | (13,220 | ) |  |  | (11,053 | ) |  |  | (11,286 | )
Theoretical tax credit at applicable statutory rate: 23% |  |  | (3,041 | ) |  |  | (2,542 | ) |  |  | (2,596 | )
Non-allowable expenses |  |  | (704 | ) |  |  | (391 | ) |  |  | (244 | )
Temporary differences and tax losses for which no Deferred Tax Asset is recognized |  |  | (2,337 | ) |  |  | (2,151 | ) |  |  | (2,352 | )
Income tax benefit |  |  | - |  |  |  | - |  |  |  | - |
| D. | Effective tax rate reconciliation:
|  | Year ended December 31, 2025 |
|  | Tax |  |  | Rate |
IL statutory tax rate |  |  | (3,041 | ) |  |  | 23 | %
Non-taxable or non-deductible items: |  |  |  |  |  |  |  |
Share-based compensation |  |  | 747 |  |  |  | (5.7 | %)
Revaluation of financial liabilities at fair value through profit or loss |  |  | (166 | ) |  |  | 1.3 | %
Others |  |  | 123 |  |  |  | (0.9 | %)
Changes in valuation allowances |  |  | 2,713 |  |  |  | (20.5 | %)
Other adjustments |  |  | (376 | ) |  |  | 2.8 | %
Effective tax rate |  |  | - |  |  |  | - |
The primary reconciling item between the Company’s statutory tax rate and the effective tax rate is the recognition of a valuation allowance against of deferred tax assets related to accumulated net operating losses carried forward, due to uncertainty regarding their realization.

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for income tax. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 740 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477617/942-740-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 740 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478822/944-740-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12C -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12C Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12B Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 270 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477891/740-270-50-1 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 6.I.5.Q1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479360/740-10-S99-1 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480990/946-20-50-13 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/740/tableOfContent Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-14 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-21 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 17 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-17 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 11.C) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479360/740-10-S99-2 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482603/740-30-50-2 + Details
Name: | us-gaap_IncomeTaxDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration