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REPORTING SEGMENT AND GEOGRAPHIC INFORMATION | 12 Months Ended
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Dec. 31, 2025
Segment Reporting [Abstract] |
REPORTING SEGMENT AND GEOGRAPHIC INFORMATION | REPORTING SEGMENT AND GEOGRAPHIC INFORMATION The Company operates as a single operating segment, with its Chief Executive Officer acting as the Chief Operating Decision Maker (CODM). The CODM regularly reviews the financial information on a consolidated basis and evaluates the segment's performance based on its operating loss and net loss, as reported in the consolidated statements of comprehensive loss. This financial metric is used to assess overall business performance, support resource allocation decisions and annual budgeting process. The CODM does not review segment-specific asset information when evaluating the Company's performance, and therefore, such details are not presented. The following table presents financial information with respect to the Company’s single operating segment for the years ended December 31, 2025, 2024 and 2023:
| Year ended December 31,
| 2025 |  | 2024 |  | 2023
Revenues | $ | 1,297 |  |  | $ | 183 |  |  | $ | 1,608 |
Cost of revenues non-recurring costs (1) | 15,936 |  |  | — |  |  | — |
Cost of revenues | 1,635 |  |  | 3,681 |  |  | 3,270 |
Gross loss | $ | (16,274) |  |  | $ | (3,498) |  |  | $ | (1,662) |
Research and development employee labor costs (excluding share based compensation expenses) | 19,167 |  |  | 21,821 |  |  | 24,068 |
Other research and development expenses | 24,579 |  |  | 29,131 |  |  | 37,959 |
Research and development share based compensation expenses | 2,444 |  |  | 4,205 |  |  | 8,397 |
Research and development non-recurring expenses (2) | (758) |  |  | (5,697) |  |  | 12,238 |
Selling, general and administrative employee labor costs (excluding share based compensation expenses) | 7,884 |  |  | 10,609 |  |  | 11,330 |
Other selling, general and administrative expenses | 8,990 |  |  | 10,182 |  |  | 15,707 |
Selling, general and administrative share based compensation expenses | 2,623 |  |  | 5,380 |  |  | 7,881 |
Selling, general and administrative non-recurring expenses (3) | 491 |  |  | — |  |  | 650 |
Impairment of long-lived assets (4) | 24,716 |  |  | — |  |  | — |
Total operating expenses | 90,136 |  |  | 75,631 |  |  | 118,230 |
Operating loss | $ | (106,410) |  |  | $ | (79,129) |  |  | $ | (119,892) |
Income (Loss) from warrants remeasurement | 37,953 |  |  | (22,750) |  |  | 396 |
Financial income (expenses), net | 10,658 |  |  | (7,812) |  |  | 3,928 |
Net loss before income tax | (57,799) |  |  | (109,691) |  |  | (115,568) |
Taxes on income (tax benefit) | (1,992) |  |  | 2,063 |  |  | (1,360) |
Net loss | $ | (55,807) |  |  | $ | (111,754) |  |  | $ | (114,208) |
NOTE 18. REPORTING SEGMENT AND GEOGRAPHIC INFORMATION (cont.) (1) Includes inventory write-downs to net realizable value and write-offs of inventory that currently has no operational use and one-time costs related to the pause in production. (2) Includes one-time expenses related to reduction-in-force of R&D employees in the amount of $1,610 and R&D tax credit income in the amount of $2,368 during the year ended December 31, 2025 and R&D tax credit income during the year ended December 31, 2024. (3) Includes one-time expenses related to reduction-in-force of SG&A employees during the year ended December 31, 2025. (4) Impairment charges of long-lived assets and loss from lease termination (see Note 5 and Note 6). Entity wide disclosures The Company attributes revenues from external customers to individual countries based on the customer’s billing address. Net sales attributed to countries that represent a significant portion of consolidated net sales are as follows:
| Year ended December 31,
| 2025 |  | 2024 |  | 2023
Germany | $ | 801 |  |  | $ | — |  |  | $ | — |
Japan | $ | 408 |  |  | $ | — |  |  | $ | — |
France | $ | 60 |  |  | $ | 11 |  |  | $ | 1,398 |
United States | 28 |  |  | 172 |  |  | 210 |
Total | $ | 1,297 |  |  | $ | 183 |  |  | $ | 1,608 |
Long-lived assets other than financial instruments attributed to countries that represent a significant portion of consolidated assets are as follows:
| December 31, 2025 |  | December 31, 2024
Israel | 17 | % |  | 14 | %
United Kingdom | 53 | % |  | 64 | %
United States | 30 | % |  | 22 | %

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- Definition The entire disclosure for reporting segments including data and tables. 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