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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Taxes [Abstract]

Schedule of Net Deferred Tax Assets

Net deferred tax assets consist of the following components:

		Year ended December 31,
		2025				2024				2023
Deferred tax assets:
NOL carryforwards – Israel (at 23%)		$	29,799			$	29,247			$	27,258
NOL carryforwards – U.S. (at 21%)			-				-				3
Total gross deferred tax asset		$	29,799			$	29,247			$	27,261
Valuation Allowance		$	(29,799	)		$	(29,247	)		$	(27,261	)
Net Deferred Tax Asset		$	-			$	-			$	-

Schedule of Accumulated Israeli Net Operating Loss

Movement in accumulated Israeli net operating loss carryforwards:

		December 31,
		2025				2024
Israeli NOL Rollforward (USD thousands)
Opening accumulated Israeli NOL		$	127,162			$	118,512
Current year estimated tax loss		$	2,397			$	8,650
Closing accumulated Israeli NOL		$	129,559			$	127,162

Schedule of Movement in Valuation Allowance

Movement in valuation allowance:

		December 31,
		2025				2024
Valuation Allowance Rollforward (USD thousands)
Opening valuation allowance		$	(29,247	)		$	(27,258	)
Increase — current year tax loss × 23%		$	(551	)		$	(1,989	)
Closing accumulated Israeli NOL		$	(29,799	)		$	(29,247	)

Schedule of Provision for Income Taxes

The provision for income taxes consists of the following:

			December 31,
			2025				2024
Current:
Federal (U.S.)		$	-			$	-
State (U.S.)			-				-
Foreign — Israel			-				-
Total current tax provision		$	-			$	-
Deferred:
Federal (U.S.)		$	-			$	-
State (U.S.)			-				-
Foreign — Israel			-				-
Total deferred tax benefit		$	-			$	-
Total provision (benefit) for income taxes		$	-			$	-

Schedule of Statutory Israeli Corporate Tax Rate

The following table reconciles the statutory Israeli corporate tax rate to the Company’s effective tax rate:

		2025				2024
Statutory Israeli corporate tax rate			23	%			23	%
Effect of full valuation allowance on NOL carryforwards			(23	)%			(23	)%
Other permanent differences (immaterial)			-				-
Effective tax rate			0	%			0	%

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

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-Topic 740
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-Section 50
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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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Tabular disclosure of pertinent information, such as tax authority, amounts, and expiration dates, of net operating loss carryforwards, including an assessment of the likelihood of utilization.

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Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance.

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