XML 47 R31.htm IDEA: XBRL DOCUMENT v3.25.4
General (Tables)
 12 Months Ended
Dec. 31, 2025
General [Abstract]  
Schedule of Fair Value of Acquired Identifiable Assets and Assumed Liabilities

The following sets forth the fair value of acquired identifiable assets and assumed liabilities of APT, after considering measurement period adjustment as described below, which includes adjustments to reflect the fair value of intangible assets acquired as of March 15, 2024:

 

   Amounts 
Cash and cash equivalents   509 
Restricted cash   154 
Other current assets   1,780 
Property, plant and equipment   3,748 
Operating lease right-of-use asset   7,953 
IPR&D assets and Goodwill   16,088 
Total assets   30,232 
      
Trade accounts payable   (3,667)
Other accounts payable   (2,895)
Operating lease liability   (7,819)
Total liabilities   (14,381)
Total consideration   15,851 
Schedule of Fair Value of the Consideration Transferred to Apt Shareholders for the Acquisition

The following table summarizes the fair value of the consideration transferred to APT shareholders for the Acquisition:

 

   Amounts 
Common Stock   3,041 
Redeemable Convertible Preferred Shares   12,610 
Merger Warrants   200 
    15,851 
Schedule of Fair Value of Black Scholes Model The Company determined the fair value of the Merger Warrants using the Black-Scholes model as of the Closing Date. The main assumptions used are as follows:
Underlying value of Common Stock ($)   70.3 
Exercise price ($)   950 
Expected volatility (%)   117.7 
Expected terms (years)   2.87 
Risk-free interest rate (%)   4.5 
Schedule of Consolidated Statements of Operations

The actual APT net loss included in the Company’s consolidated statements of operations for the year ended December 31, 2024, is as follows:

 

   December 31,
2024		 
Net loss attributable to APT*   16,792 

 

* Including impairments loss related to goodwill, IPR&D and long-lived assets of $801, $3,237 and $4,046, respectively.
Schedule of Pro Forma Financial Information

The following unaudited table provides certain pro forma financial information for the year ended December 31, 2025, as if the Acquisition occurred on January 1, 2024:

 

   December 31,
2024*		 
Net loss   21,369 

 

*The pro forma amounts above are derived from historical numbers of the Company and APT.