ACTELIS NETWORKS INC
For the period ended Dec 31, 2024. Filed Mar 24, 2025.
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FY2024 · Filed Mar 24, 2025
ASNS$0.080.0%Stored close · as of Jul 8, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance sheets
CONSOLIDATED BALANCE SHEETS
| Note | 2024 | 2023 | |
|---|---|---|---|
| Assets | |||
| CURRENT ASSETS: | |||
| Cash and cash equivalents | 1,967 | 620 | |
| Restricted cash equivalents | 300 | 1,565 | |
| Short-term deposits | - | 197 | |
| Trade receivables, net of allowance for credit losses of $168 as of December 31, 2024, and December 31, 2023. | 1,616 | 664 | |
| Inventories | 3 | 2,436 | 2,526 |
| Prepaid expenses and other current assets, net of allowance for doubtful debts of $181 and $144 as of December 31, 2024, and December 31, 2023, respectively | 4 | 584 | 340 |
| TOTAL CURRENT ASSETS | 6,903 | 5,912 | |
| NON-CURRENT ASSETS: | |||
| Property and equipment, net | 5 | 38 | 61 |
| Prepaid expenses | 492 | 592 | |
| Restricted cash and cash equivalents | - | 3,330 | |
| Restricted bank deposits | 91 | 94 | |
| Severance pay fund | 205 | 238 | |
| Operating lease right of use assets | 6 | 410 | 918 |
| Long-term deposits | 86 | 78 | |
| TOTAL NON-CURRENT ASSETS | 1,322 | 5,311 | |
| TOTAL ASSETS | 8,225 | 11,223 | |
CONSOLIDATED BALANCE SHEETS (continued)
| Note | 2024 | 2023 | |
|---|---|---|---|
| Liabilities, Mezzanine Equity and shareholders’ equity | |||
| CURRENT LIABILITIES: | |||
| Credit lines | 8 | 774 | - |
| Current maturities of long-term loans | 8 | - | 1,335 |
| Trade payables | 982 | 1,769 | |
| Deferred revenues | 246 | 389 | |
| Employee and employee-related obligations | 688 | 737 | |
| Accrued royalties | 9 | 673 | 1,062 |
| Current maturities of operating lease liabilities | 6 | 415 | 498 |
| Other current liabilities | 7 | 805 | 1,122 |
| TOTAL CURRENT LIABILITIES | 4,583 | 6,912 | |
| NON-CURRENT LIABILITIES: | |||
| Long-term loans, net of current maturities | 8 | 150 | 3,154 |
| Deferred revenues | 92 | 71 | |
| Operating lease liabilities, net of current maturities | 6 | 405 | |
| Accrued severance | 229 | 270 | |
| Other long-term liabilities | 180 | 23 | |
| TOTAL NON-CURRENT LIABILITIES | 657 | 3,923 | |
| TOTAL LIABILITIES | 5,240 | 10,835 | |
| COMMITMENTS AND CONTINGENCIES | 9 | ||
| MEZZANINE EQUITY | |||
| Redeemable Convertible Preferred Stock $0.0001 par value, 10,000,000authorized as of December 31, 2024 and December 31, 2023. None issued and outstanding as of December 31, 2024 and December 31, 2023. | - | - | |
| Warrants to Placement Agent | 11d | 228 | 159 |
| SHAREHOLDERS’ EQUITY : | 11 | ||
| Common stock, $0.0001 par value: 30,000,000 shares authorized; 7,623,159 and 3,007,745 shares issued and outstanding as of December 31, 2024, and December 31, 2023, respectively. | 1 | 1 | |
| Non-voting common stock, $0.0001 par value: 2,803,774 shares authorized; No shares issued and outstanding as of December 31, 2024, and December 31, 2023. | - | - | |
| Additional paid-in capital | 46,818 | 39,916 | |
| Accumulated deficit | (44,062) | (39,688) | |
| TOTAL SHAREHOLDERS’ EQUITY | 2,757 | 229 | |
| TOTAL LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITY | 8,225 | 11,223 | |
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