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Condensed Consolidated Interim Balance Sheets
€ in Thousands, $ in Thousands
Jun. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Current Assets      
Cash and cash equivalents   $ 2,185 $ 4,447
Cash and cash equivalents $ 3,138 2,154  
Restricted cash 25 24 31
Investment in marketable securities (Note 5 (2)) 271 307
Accounts receivable, net of allowance for doubtful account of $47 and $42 as of June 30, 2025 and December 31, 2024, respectively. 195 143 107
Short term loan (Note 4) 704 234
Inventories 16 21 122
Prepaid expenses 593 464 719
Other current assets 74 26 40
Assets of discontinued operations (Note 9) 31  
Total Current assets 5,016 3,404 5,466
Long term prepaid expenses 127 244
Right-of-use asset arising from operating leases 24 8 56
Property and equipment, net 43 48 67
Investment in nonconsolidated affiliate (Note 3) 603 1,655
Long term loan (Note 5 (1)) 451 350
Solar photovoltaic joint venture project (Note 6) 1,634 808
Solar projects under development (Note 8) 457  
Total assets 7,752 5,465 7,244
Current Liabilities      
Accounts payable 31 48 44
Other liabilities (Note 10)   532 735
Other liabilities 623 429  
Current warrant liabilities 406 312
Liabilities of discontinued operations (Note 9) 103  
Total current liabilities 1,060 892 779
Non current operating lease liabilities 13 7
Credit facility (Note 7) 699  
Stock purchase warrants liability (Note 10(1)) 429  
Total liabilities 2,201 892 786
Stockholders’ Equity      
Common stock, $ 0.0001 par value (“Common Stock”): 495,000,000 shares authorized as of June 30, 2025 and December 31, 2024; issued and outstanding 30,096,412 and 12,058,237 shares as of June 30, 2025 and December 31, 2024, respectively. 3 1 [1]
Preferred stock, $ 0.0001 par value (“Preferred Stock”): 5,000,000 shares authorized as of June 30, 2025 and December 31, 2024; issued and outstanding 0 shares as of June 30, 2025 and December 31, 2024.
Additional paid-in capital 46,053 39,327 35,866
Foreign currency translation adjustments (36) (26) (26)
Accumulated deficit (40,255) (34,553) (29,360)
Total Company’s stockholders’ equity 5,765 4,749 6,480
Non-controlling interests (214) (176) (22)
Total stockholders’ equity 5,551 4,573 6,458
Total liabilities and stockholders’ equity $ 7,752 $ 5,465 $ 7,244
[1] Less than $1 thousand.