$AZ
A2Z CUST2MATE SOLUTIONS CORP.
CIK:0001866030|SEC Filings
Consolidated Statement of Cash Flows - USD ($) $ in Thousands |
12 Months Ended | ||||||
|---|---|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| Cash flows from operating activities | |||||||
| Loss for the year | $ (38,484) | $ (19,263) | [1] | $ (18,057) | [1] | ||
| Adjustments to reconcile net loss to net cash provided by operating activities: | |||||||
| Amortization and depreciation | 815 | 862 | 1,027 | ||||
| Share based compensation | 20,357 | 1,913 | 5,324 | ||||
| Share based compensation to service providers | 1,286 | ||||||
| Loss on deconsolidation of a subsidiary | 461 | ||||||
| Loss on impairment | 1,727 | [1] | 1,027 | [1] | |||
| Loss (gain) on revaluation of warrant liability | (998) | 4,389 | (1,255) | ||||
| Gain from revaluation of investment in associate | (133) | (123) | |||||
| Changes in employee benefits | 12 | 26 | 88 | ||||
| Changes in inventory | (3,113) | (546) | 125 | ||||
| Changes in short term and long term trade receivables | (2,535) | (547) | (104) | ||||
| Changes in other account receivables | (2,491) | 79 | 1,910 | ||||
| Accrued interest on loans and leases | 191 | 149 | 9 | ||||
| Changes in provision | (169) | (85) | |||||
| Changes in accounts payable | 1,592 | 92 | (482) | ||||
| Changes in bank overdraft | 30 | ||||||
| Changes in deferred revenues | (1,373) | ||||||
| Changes in other accounts payable | 1,419 | (1,616) | 459 | ||||
| Cash flow used in operating activities | (22,907) | (11,711) | (11,387) | ||||
| Cash flows from investing activities | |||||||
| Change in deposits | (241) | (129) | (69) | ||||
| Divestment in a subsidiary | (47) | ||||||
| Investment in financial asset at fair value | (55,642) | (77) | |||||
| Purchase of Intangible asset | (637) | ||||||
| Purchase of property and equipment | (452) | (140) | (174) | ||||
| Cash flow used in investing activities | (57,019) | (269) | (320) | ||||
| Cash flows from financing activities | |||||||
| Transactions with non-controlling parties | (1,850) | ||||||
| Issuance of shares and warrants, net | 65,727 | 24,435 | 10,317 | ||||
| Change in other accounts payables | 1,119 | ||||||
| Exercise of options | 548 | ||||||
| Exercise of warrants | 18,433 | 576 | 102 | ||||
| Repayment of contingent liability | (1,136) | ||||||
| Lease payments | (745) | (583) | (336) | ||||
| Repayment of loans | (808) | (580) | (476) | ||||
| Proceeds from receipt of loans | 95 | 167 | |||||
| Cash flows from financing activities | 81,305 | 22,807 | 10,893 | ||||
| Increase (decrease) in cash and cash equivalents | 1,379 | 10,827 | (814) | ||||
| Effect of changes in foreign exchange rates | (1,380) | 308 | 465 | ||||
| Cash at beginning of year | 13,526 | 2,267 | 2,616 | ||||
| Cash at the end of the year | 13,525 | 13,526 | 2,267 | ||||
| Interest paid during the year | 29 | 64 | 80 | ||||
| Recognition of a lease liability and right-of-use asset | $ 2,381 | $ 283 | |||||
| |||||||
Consolidated Statements of Financial Position ₪ in Thousands, $ in Thousands |
Dec. 31, 2025
USD ($)
|
Dec. 31, 2024
USD ($)
|
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 13,525 | $ 13,526 |
| Short-term deposits | 384 | 206 |
| Financial assets at fair value (note 5) | 55,642 | |
| Inventories (note 6) | 3,891 | 796 |
| Short term trade receivables, net (note 7) | 3,034 | 2,024 |
| Other accounts receivable (note 8) | 2,937 | 581 |
| Total current assets | 79,413 | 17,133 |
| Non-current assets | ||
| Intangible assets (note 9) | 637 | |
| Long term financial assets at fair value (note 10) | 333 | 200 |
| Long term trade receivables (note 7) | 1,221 | |
| Property, equipment and right of use assets, net (note 11) | 3,556 | 1,545 |
| Total non-current assets | 5,747 | 1,745 |
| Total Assets | 85,160 | 18,878 |
| Current liabilities | ||
| Short term loan and current portion of long-term loans (note 12) | 9 | 826 |
| Lease liability (note 13) | 819 | 217 |
| Trade payables | 3,348 | 1,834 |
| Other accounts payable (note 14) | 2,200 | 918 |
| Warrant Liability (note 16) | 576 | 7,743 |
| Total current liabilities | 6,952 | 11,538 |
| Non-current liabilities | ||
| Lease liability (note 13) | 1,758 | 241 |
| Long term loans (note 15) | 29 | 108 |
| Severance payment, net | 147 | |
| Total non-current liabilities | 1,787 | 496 |
| Total liabilities | 8,739 | 12,034 |
| Equity (note 18) | ||
| Share capital and additional paid in capital | 206,953 | 83,120 |
| Warrant Reserve | 10,147 | 30,863 |
| Accumulated other comprehensive loss | (1,872) | (549) |
| Reserve with respect to transactions with non-controlling interests | 927 | 927 |
| Accumulated losses | (138,187) | (100,452) |
| Total equity attributable to Company shareholders | 77,968 | 13,909 |
| Non-controlling interests (note 20) | (1,547) | (7,065) |
| Total equity | 76,421 | 6,844 |
| Total liabilities and equity | $ 85,160 | $ 18,878 |