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Supplementary Financial Statement Information (Tables)
6 Months Ended
Jun. 30, 2025
Supplementary Financial Statement Information [Abstract]  
Schedule of Prepaid Expenses and Other Receivables PREPAID EXPENSES AND OTHER RECEIVABLES (U.S. dollars in thousands):
   June 30,   December 31, 
   2025   2024 
Institutions  $342   $253 
Prepaid expenses   383    322 
Others   33    29 
   $758   $604 
Schedule of Other Payables OTHER PAYABLES (U.S. dollars in thousands):
   June 30,   December 31, 
   2025   2024 
Employees and employee institutions  $602   $933
Expenses payable   735    275 
Royalties payable   559    408 
Other liabilities   13    16 
   $1,909  $1,632
Schedule of Cost of Revenues, Research and Development, Selling and Marketing and General and Administrative COST OF REVENUES (U.S. dollars in thousands):
   Six months ended
June 30,
 
   2025   2024 
Consultants and subcontractors - thermal energy storage unit costs   426    
-
 
Write down of work-in-progress inventory to net realizable value   636    
-
 
Operating costs not attributed to projects (mainly salary and related expenses) *   793    408 
    1,855    408 

 

*Cost and expenses relating to periods in which the plant did not operate in full capacity.
RESEARCH AND DEVELOPMENT (U.S. dollars in thousands):
    Six months ended
June 30,
 
    2025    2024 
Salary and related expenses   1,514    1,363 
Consultants and subcontractors   131    210 
Expenditure on materials   269    39 
Office maintenance   200    177 
Other   297    19 
    2,411    1,808 
SELLING AND MARKETING (U.S. dollars in thousands):
   Six months ended
June 30,
 
   2025   2024 
           
Salary and related expenses   500    439 
Office maintenance   18    18 
Project Promotion   43    21 
Consultants   10    51 
Other   53    87 
    624    616 
GENERAL AND ADMINISTRATIVE (U.S. dollars in thousands):
   Six months ended
June 30,
 
   2025   2024 
         
Salary and related expenses   1,156    934 
Office maintenance   117    91 
Consultants and insurance   720    945 
Allowance for credit losses   
-
    289 
Depreciation and other   82    54 
    2,075    2,313 
Schedule of Other Financial Income (Expenses), Net OTHER FINANCIAL INCOME (EXPENSES), NET (U.S. dollars in thousands):
   Six months ended
June 30,
 
   2025   2024 
Interest income   27    76 
Fair value adjustments of warrants   6    4,114 
Warrants issuance costs   
-
    (473)
Exchange rate differences, Net   (644)   172 
Bank fees   (6)   (10)
    (617)   3,879 
Schedule of Basic and Diluted Loss Per Share

Basic and diluted loss per share is computed as follows:

 

   Six months ended
June 30,
 
Numerator ($ in thousands):  2025   *2024 
Net loss for the period, as reported, attributable to shareholders   (7,454)   (1,581)
Denominator (Ordinary Shares in thousands)          
Weighted average number of shares outstanding during the period   1,965,475    588,276 
Weighted average number of potential shares under prefunded warrants with token exercise price (“penny” warrants)   
-
    113,790 
Denominator for basic and diluted loss per share – weighted number of Ordinary Shares   1,965,475    702,066 
           
Basic and dilutive loss per Ordinary Share (in dollars)   (3.79)   (2.25)

 

*Post reverse split of shares – see Note 5A.