$MTTCF

Steakholder Foods Ltd.

CIK:0001828098|SEC Filings

Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income Statement [Abstract]
Revenue		$ 10
Cost of revenue		22
Gross loss		(12)
Research and development, net	2,189	3,518	7,095
Marketing	774	1,192	1,937
Marketing with related party		172	745
General and administrative	4,040	3,582	4,401
Other expense, net	413
Total operating loss	7,416	8,476	14,178
Financial expenses, net	145	45	1,369
Loss from continuing operations	7,561	8,521	15,547
Net loss from discontinued operations	3,686		1,317
Loss for the year	11,247	8,521	16,864
Other comprehensive income:
Foreign currency translation differences			(230)
Other comprehensive income for the year, net			(230)
Total comprehensive loss	$ 11,247	$ 8,521	$ 16,634
Net loss per share from continuing operations – basic (in Dollars per share)	$ (0.005)	$ (0.02)	$ (0.07)
Net loss per share from continuing operations – diluted (in Dollars per share)	(0.005)	(0.02)	(0.07)
Net loss per share from discontinued operations – basic (in Dollars per share)	(0.002)		(0.01)
Net loss per share from discontinued operations – diluted (in Dollars per share)	$ (0.002)		$ (0.01)
Weighted average shares outstanding – basic (in Shares)	1,488,257,310	417,642,811	236,645,676
Weighted average shares outstanding – diluted (in Shares)	1,488,257,310	417,642,811	236,645,676

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities:
Net Loss	$ (11,247)	$ (8,521)	$ (16,864)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	770	467	503
Change in fair value of financial liabilities			(4)
Change in fair value of other investment			1,148
Change in fair value of marketable securities	20	179	84
Change in lease right of use assets	2,818	424	417
Change in inventory	59
Change in lease liabilities	(2,812)	(356)	(524)
Share-based compensation	589	205	1,114
Share-based compensation with related party		172	745
Loss from lease remeasurement	302
Loss from the sale of fixed assets	287	23
Loss of control of discontinued operation	2,856		(178)
Decrease (increase) in prepaid expenses and other current assets	130	(30)	153
Interest expense, net	26
Foreign exchange gain or losses	91	(71)	162
Non-cash finance expenses	160
Decrease in trade payables	(108)	(41)	(460)
Increase (decrease) in accounts payables and accruals	(686)	(909)	977
Net cash used in operating activities	(6,745)	(8,458)	(12,727)
Cash flows from investing activities:
Acquisition of fixed assets	(113)	(985)	(270)
Increase (decrease) in restricted deposit	179	(14)	16
Investment in convertible loan	(1,740)	(54)
Proceeds from other investment			88
Acquisition of other investments, net of cash acquired	181
Proceeds from the sale of (Investment in) marketable securities	68	65	(435)
Proceeds from the sale of fixed assets	349	32
Net cash decrease from loss of control over discontinued operations	(198)		(163)
Net cash used in investing activities	(1,274)	(956)	(764)
Cash flows from financing activities:
Proceeds from issuance of shares and warrants	8,265	422	12,500
Proceeds from convertible loans	870
Issuance costs	(842)	(642)	(1,243)
Proceeds from exercise of warrants and stock options	1,499	6,604
Net cash provided by financing activities	9,792	6,384	11,257
Effect of exchange rate changes on cash and cash equivalents	54	42	198
Increase (decrease) in cash and cash equivalents	1,827	(2,988)	(2,036)
Cash and cash equivalents, beginning of the year	1,260	4,248	6,284
Cash and cash equivalents end of the year	3,087	1,260	4,248
Supplemental information for non-cash transactions
Non-cash purchase of property and equipment		52
Issuance costs		75
Acquisition of a subsidiary	965
Convertible loan conversion	1,793
Conversion of convertible loan to shares	$ 897

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
CURRENT ASSETS:
Cash and cash equivalents	$ 3,087	$ 1,260
Marketable securities	14	102
Restricted deposits	201
Prepaid expenses and other current assets	388	411
Total current assets	3,690	1,773
NON-CURRENT ASSETS:
Restricted deposits	27	314
Long-term loan		54
Long term receivables	10
Right-of-use asset		2,788
Property and equipment, net	1,566	2,858
Total non-current assets	1,603	6,014
Total assets	5,293	7,787
CURRENT LIABILITIES:
Accounts payables and accruals	778	927
Other liabilities	77	192
Trade payables	39	166
Current lease liability		386
Total current liabilities	894	1,671
NON-CURRENT LIABILITIES
Long term lease liability		2,069
Total non-current liabilities		2,069
COMMITMENTS AND CONTINGENT LIABILITIES (Note 12)
SHAREHOLDERS’ EQUITY
Ordinary shares – no par value, Authorized 50,000,000,000 shares. Issued and outstanding 5,438,836,659 and 349,603,759 at December 31, 2025 and December 31, 2024, respectively
Additional paid in capital	94,343	82,744
Accumulated deficit	(89,944)	(78,697)
Total shareholders’ equity	4,399	4,047
Total liabilities and shareholders’ equity	$ 5,293	$ 7,787