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v3.26.1

Consolidated Statements of Changes in Shareholders’ Equity (deficit) - USD ($) $ in Thousands | Share capital | Premium and other capital reserves | Capital reserve for transactions with controlling shareholders | Accumulated loss | Total
--- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2022 | $ 52 | $ 16,658 | $ 1,542 | $ (17,454) | $ 798
Net income (loss) |  |  |  | (2,819) | (2,819)
Other comprehensive income/Loss |  | 6 |  |  | 6
Total comprehensive income/Loss |  | 6 |  | (2,819) | (2,813)
Stock-based compensation |  | 4,236 |  |  | 4,236
Balance at Dec. 31, 2023 | 52 | 20,900 | 1,542 | (20,273) | 2,221
Net income (loss) |  |  |  | (2,347) | (2,347)
Other comprehensive income/Loss |  | 3 |  |  | 3
Total comprehensive income/Loss |  | 3 |  | (2,347) | (2,344)
Issuance of ordinary shares in the Company’s initial public offering (“IPO”), net of underwriting commissions and offering costs |  | 4,354 |  |  | 4,354
Conversion share capital to non-par value | $ (52) | 52 |  |  |
SAFE conversion |  | 456 |  |  | 456
Stock-based compensation |  | 860 |  |  | 860
Balance at Dec. 31, 2024 |  | 26,625 | 1,542 | (22,620) | 5,547
Net income (loss) |  |  |  | (3,064) | (3,064)
Other comprehensive income/Loss |  | (20) |  |  | (20)
Total comprehensive income/Loss |  | (20) |  | (3,064) | (3,084)
Exercise of options |  | 49 |  |  | 49
Issuance of common stock, net |  | 2,392 |  |  | 2,392
Stock-based compensation |  | 540 |  |  | 540
Balance at Dec. 31, 2025 |  | $ 29,586 | $ 1,542 | $ (25,684) | $ 5,444

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