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Lifeward Ltd

For the period ended Sep 30, 2024. Filed Nov 12, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 12, 2024

LFWD$5.81+1.2%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30,2024 or

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number:001-36612

Lifeward Ltd.

(Exact name of registrant as specified in charter)

IsraelNot applicable
(State or other jurisdiction of incorporation or organization) · (I.R.S. Employer Identification No.)
200 Donald Lynch Blvd. Marlborough, MA01752
(Address of principal executive offices)(Zip Code)

+508.251.1154

Registrant's telephone number, including area code

Rewalk Robotics Ltd.

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act

Title of each classTrading SymbolName of each exchange on which registered
Ordinary shares, par value NIS 1.75LFWDNasdaq Capital Market

Indicate by a check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes ☒No☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Yes ☒No☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐Accelerated filer ☐
Non-accelerated filer ☒Smaller reporting company ☒
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes☐No☒

As of November 7, 2024, the registrant had outstanding 8,808,143 ordinary shares, par value NIS 1.75 per share.

LIFEWARD LTD. FORM 10-QFOR THE QUARTER ENDED SEPTEMBER 30, 2024 TABLE OF CONTENTS
Page No.
GENERAL AND WHERE YOU CAN FIND MORE INFORMATION2
PART IFINANCIAL INFORMATION3
ITEM 1.FINANCIAL STATEMENTS3
CONDENSED CONSOLIDATED BALANCE SHEETS – SEPTEMBER 30, 2024 (unaudited) AND DECEMBER 31, 20233
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS – NINE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 (unaudited)5
CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY – SEPTEMBER 30, 2024 AND 2023 (unaudited)6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS – NINE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 (unaudited)7
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (unaudited)8
ITEM 2.MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS26
ITEM 3.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK35
ITEM 4.CONTROLS AND PROCEDURES35
PART IIOTHER INFORMATION36
ITEM 1.LEGAL PROCEEDINGS36
ITEM 1A.RISK FACTORS36
ITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS37
ITEM 3.DEFAULTS UPON SENIOR SECURITIES37
ITEM 4.MINE SAFETY DISCLOSURES37
ITEM 5.OTHER INFORMATION37
ITEM 6.EXHIBITS38
SIGNATURES39
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