TRANSACTIONS AND BALANCES WITH RELATED PARTIES

12 Months Ended

Dec. 31, 2025

Disclosure of transactions between related parties [abstract]

TRANSACTIONS AND BALANCES WITH RELATED PARTIES

NOTE 18 – TRANSACTIONS AND BALANCES WITH RELATED PARTIES

Transactions with related parties

Expenses:

	Year ended December 31,
	2023		2024		2025
	in USD thousands
Benefits to related parties:
Compensation and benefits to senior management, including benefit component of equity instrument grants		3,155		2,396		1,398
Compensation and benefits to directors, including benefit component of equity instrument grants		587		415		473

Regarding transactions and balances related to Gloria, see Note 15.

Key management compensation

Key management includes directors and executive officers. The compensation paid or payable to key management for services during each of the years indicated is presented below.

	Year ended December 31,
	2023		2024		2025
	in USD thousands
Salaries and other short-term employee benefits		2,425		2,018		1,425
Post-employment benefits		256		394		116
Other long-term benefits		31		29		32
Share-based compensation		1,030		370		298
		3,742		2,811		1,871