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Condensed Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 1,780,031 $ 221,961
Short-term deposits 5,081,331 9,084,082
Trade receivables, net 750,686 1,606,495
Other receivables 656,886 359,591
Inventories 1,385,736 981,729
Total current assets 9,654,670 12,253,858
Non-current assets    
Restricted deposits 31,927 33,569
Property, plant and equipment, net 327,850 283,790
Severance pay deposits 152,237 156,723
Operating lease right-of-use assets 570,432 635,976
Total non-current assets 1,082,446 1,110,058
Total assets 10,737,116 13,363,916
Current liabilities    
Trade payables 675,586 1,083,345
Current maturities of long-term loans from related party 226,719  
Other current liabilities 897,597 727,560
Total current liabilities 1,799,902 1,810,905
Long-term liabilities    
Long-term loans from related party, net of current maturities 861,531 1,088,250
Non-current operating lease liabilities 368,021 442,166
Accrued severance pay 405,875 425,742
Total long-term liabilities 1,635,427 1,956,158
Total liabilities 3,435,329 3,767,063
Commitments and contingencies
Shareholders’ equity (capital deficiency)    
Ordinary shares, no par value per share: authorized - 100,000,000 as of June 30, 2023 and December 31, 2022; issued and outstanding: 7,878,501 and 7,999,216 shares as of June 30, 2023 and December 31, 2022, respectively.
Treasury stock 120,715 shares as of June 30, 2023. (119,536)
Additional paid-in capital 17,877,877 17,789,380
Accumulated deficit (10,456,554) (8,192,527)
Total shareholders’ equity 7,301,787 9,596,853
Total liabilities and equity $ 10,737,116 $ 13,363,916