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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Taxes [Abstract]

Schedule of Theoretical Income Tax and Effective Income Tax

The following table presents the reconciliation between the Company’s theoretical income tax and effective income tax for the year ended December 31, 2025 after the adoption of ASU 2023-09:

		2025								2024
		$				%				$				%
U.S. federal Statutory tax rate			(7,600	)			(21	)			(3,720	)			(21	)
Foreign tax effects:
Israel
Statutory tax rate difference			(481	)			(1.33	)			(428	)			(2.42	)
Change in valuation allowance			5,336				14.74				4,190				23.65
Stock-based compensation			428				1.18				329				1.86
Other nondeductible items			(18	)			(0.05	)			(18	)			(0.1	)
Nontaxable or Nondeductible items:
Stock-based compensation			-				-				154				0.87
Gain from early lease termination			(819	)			(2.26	)			-				-
Change in valuation allowance			3,440				9.5				(924	)			(5.22	)
Other adjustments			(279	)			(0.76	)			430				2.43
Total Effective Tax Rate			7				0.02				13				0.07

Schedule of Loss Before Taxes on Income

Loss before taxes on income, consists of the following:

		Year ended December 31,
		2025				2024
Domestic - United States			12,145				(3,511	)
Foreign - Israel			24,047				21,225
			36,192				17,714

Schedule of Net Deferred Tax Assets

Net deferred tax assets as of December 31, 2025 and 2024 consisted of the following:

		As of December 31,
		2025				2024
Deferred tax assets:
Net operating loss carryforwards			51,579				42,454
Research and development expenses, net			8,737				10,898
Lease liability			-				785
Research and development tax credits (*)			601				601
Fixed assets			310				-
IPR&D - Intangible Asset			2,192				-
Other			1,038				838
Total deferred tax assets			64,457				55,576
Deferred tax liabilities:
Right of use assets			-				(847	)
IPR&D - Intangible Asset			-				(127	)
Private Placement Warrants			(6,840	)			(5,571	)
Fixed assets			-				(190	)
Total deferred tax liabilities			(6,840	)			(6,735	)
Valuation allowance			(57,617	)			(48,841	)
Net deferred tax assets			-				-

(*) Research and development tax credits will begin to expire in 2038.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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