Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.24.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Research and development (“R&D”) expenses, net $ 7,279 $ 5,641 $ 18,281 $ 14,023
General and administrative expenses 3,248 2,154 8,756 6,053
Goodwill impairment 801 801
Operating loss 11,328 7,795 27,838 20,076
Other income (84) (89) (2,189) (270)
Interest expenses 5 574 868 1,884
Income from change in fair value of Private Placement Warrants (20,559) (24,417)
Finance expense (income), net (332) (382) 1,104 (1,034)
Loss (income) before tax (9,642) 7,898 3,204 20,656
Tax expenses 8 10 22
Net loss (income) $ (9,642) $ 7,906 $ 3,214 $ 20,678
Basic loss (earnings) per share of Common Stock (in Dollars per share) [1] $ (0.31) $ 1.3 $ 0.32 $ 4.29
Diluted loss (earnings) per share of Common Stock (in Dollars per share) [1] $ (0.31) $ 1.3 $ 2.45 $ 4.29
Weighted average number of shares used in computing basic loss (earnings) per share of Common Stock (in Shares) 16,366,122 6,058,774 9,944,267 4,819,658
Weighted average number of shares used in computing diluted loss per share of Common Stock (in Shares) 16,387,633 6,058,774 11,294,880 4,819,658
[1] All share amounts have been retroactively adjusted to reflect a 1-for-10 reverse share split as discussed in Note 10A.