Year ended December 31,

2025

2024

2023

a.

Research and development expenses:

Wages and related expenses

$

329

$

390

$392

Share-based payment

85

45

34

Regulatory, professional and other expenses

980

681

719

Research and preclinical studies

364

211

101

Clinical studies

266

276

254

Chemistry and formulations

73

104

141

2,097

1,707

1,641

b.

Sales and marketing expenses:

Advertising

$

155

$

367

$576

Amazon fees

331

495

1,042

Amortization

194

366

486

Storage and shipping

112

167

145

Management fees

120

235

912

1,515

2,484

c.

General and administrative expenses:

Wages and related expenses

458

507

415

Share-based payment

1,103

419

68

Professional and directors’ fees

2,823

3,009

2,594

Deemed issuance listing expenses

1,410

-

Business development expenses

89

108

86

Regulatory expenses

222

158

202

Office maintenance, rent and other expenses

152

128

110

Investor relations and business expenses

114

197

369

6,371

4,526

3,844

d.

Other income, net:

Loss from sale of property and equipment

-

17

-

Gain on settlement of legal dispute

(464

)

-

Other income

(26

)

-

Gain on sale of patent license, net (net of Polyrizon Ltd. holdings sold) (See also Note 24g)

-

(1,287

)

-

(490

)

(1,270

)

-

e.

Finance income:

Net change in fair value of financial liabilities designated at fair value through profit or loss

(1

)

(191

)

(2,205)

Finance income due to cancellation of warrant liability

(1,568

)

-

Finance income due to revaluation of convertible debentures

(422

)

-

Interest from loans to related parties and deposits

(207

)

(421

)

-

Exchange rate differences

(80

)

-

(14)

(2,278

)

(612

)

(2,219)

f.

Finance expenses:

Impairment of loan (see note 8c)

5,973

-

Issuance expenses

410

-

Exchange rate differences

14

18

-

Losses from remeasurement of investment in financial assets

1,791

305

1,046

Finance expense in respect of leases

5

8

9

Finance expenses from interest and commissions

6

22

-

$

8,199

$

353

$1,055