v3.26.1

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 45	$ 19
Other current assets	6	6
Total current assets	51	25
Non-Current assets:
Fixed asset, net	2	2
Total assets	53	27
Current liabilities:
Other accounts payable and accrued expenses	506	500
Total current liabilities	1,486	769
Stockholders’ equity (deficit):
Common stock, $0.01 par value: Authorized: 21,020,560 shares; Issued and outstanding: 20,176,418 and 18,701,418 as of December 31, 2025 and December 31, 2024, respectively	202	187
Receivable on account of shares
Additional paid-in capital	8,533	7,960
Accumulated deficit	(10,168)	(8,889)
Total stockholders’ equity (deficit)	(1,433)	(742)
Total liabilities and stockholders’ equity	53	27
Related Party
Current liabilities:
Short-term credit from a related party	34	41
Payable to related party	$ 946	$ 228

Amount of liabilities incurred to vendors for goods and services received, and accrued liabilities classified as other, payable within one year or the normal operating cycle, if longer.

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Raphael Pharmaceutical Inc. 10-K