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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Mar. 24, 2025
Cash flows from Operating Activities              
Net loss   $ 12,418 $ 8,199 $ 16,262 $ 9,374    
Adjustments to reconcile net income to net cash provided by operating activities:              
Depreciation and amortization   781 821 1,500 1,555    
Share-based compensation   75 11 78 29    
Deferred taxes   (104) (78) (180) (159)    
Accrued interest, net   3 20 (17) 34    
Interest income   (25) (40) (63) (79)    
Amortization of loan discounts   16 13 38 15    
Change in the fair value of financial assets at fair value through profit or loss (see note 8)   7,398 10,121    
Amortization of deferred debt issuance costs (see notes 7.E. 7.F, 7.G)   66 6 134 6    
Goodwill Impairment (see note 5)   3,150 4,739 3,150 4,739 $ 7,675  
Equity based debt issuance costs (see note 7.E)   26 26    
Loss from substantial debt terms modification (see note 7.D)   2,515 2,515    
Loss on sale and disposal of property and equipment   72 72    
Loss from termination of lease agreement   8 8    
Changes in assets and liabilities items:              
Decrease (increase) in accounts receivable   (12) 931 783 5,286    
Decrease (increase) in other current assets   225 (89) 204 59    
Increase in operating lease right-of-use asset   (23)    
Increase (decrease) in accounts payable   574 433 (392) (3,519)    
Decrease (increase) in other payables   (156) 158 70 243    
Decrease in operating lease liabilities     25    
Net cash provided by (used in) operating activities   (427) 1,349 (836) 1,456    
Cash flows from Investing Activities              
Net cash from acquisition of a subsidiary (see appendix A)   12    
Net cash provided by investing activities   12    
Cash flows from Financing Activities              
Receipt of short-term convertible loans $ 630 630 350 630 350    
Receipt of short-term bank loans   2,418 1,650 4,447 1,750    
Repayment of short-term bank loans   (1,841) (3,968) (3,263) (4,711)    
Repayment of long-term bank loans   (669) (320) (1,327) (320)    
Increase in loan to parent company (see note 3)   (10) (17) (4) (34)    
Receipts on account of shares and warrants (see note 10.B)   237 237    
Proceeds from exercise of warrants 1,820 1,820 1,820    
Net cash provided by (used in) financing activities   2,348 (2,068) 2,303 (2,728)    
Increase (decrease) in cash and cash equivalents and restricted cash   1,921 (719) 1,479 (1,272)    
Cash and cash equivalents and restricted cash at beginning of period   240 1,370 682 1,923 1,923  
Cash and cash equivalents and restricted cash at end of period 2,161 2,161 651 2,161 651 682  
Cash paid during the period              
Taxes paid   4 26 5 80    
Interest paid   124 184 265 389    
 Total Cash paid during the period   128 210 270 469    
Substantial non-cash activities:              
Deemed extinguishment and re-issuance of debt (see note 7.D)   500 500    
Termination of operating lease agreement (see note 4)   389 389    
Redeem of loan to parent company   4,048 4,048    
Conversion of loans into shares and warrants   922 922    
Other current assets             $ 18
Property and equipment             106
Goodwill $ 6,554 $ 6,554   $ 6,554   $ 4,579 5,125
Technology, net of deferred taxes             585
Customer Relations, net of deferred taxes             323
Earn-out liability             (1,010)
Consideration paid in Company’s shares             (5,159)
Balance as of March 24, 2025             $ (12)