Travel expenses $ 113 $ 84 Rent and office maintenance $ 158 $ 138 Depreciation $ 6 $ 13 Marketing and other $ 344 $ 488 Total $ 5,423 $ 4,175 Comparison of the Year Ended December 31, 2025, to the Year Ended December 31, 2024 Results of Operations December 31 December 31, (in thousands of USD) 2025 2024 Revenues $ 1,487 $ 1,300 Cost of revenues $ (935 ) $ (850 )

filing / Mar 31, 2026 / receipt

Travel expenses 113 84 61 Rent and office maintenance 158 138 139 Depreciation 6 13 20 Marketing and others 344 488 457 General and administrative expenses $ 5,423 $ 4,175 $ 4,339 NOTE 12 - OTHER FINANCING INCOME (EXPENSES), NET SCHEDULE OF OTHER FINANCING INCOME (EXPENSES), NET Year ended December 31, 2025 2024 2023 Amortization of a discount related to a converti

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significantly reduce costs for the railway operators through real-time detection and actionable data insights. Since our founding in April 2016, we have developed proprietary railway detection systems designed to enhance railway safety and operational efficiency.

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to raise additional capital or reduce discretionary spending to provide the required liquidity beyond the next twelve months.

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related personnel expenses, reflecting an increase in headcount and salary levels, the impact of the depreciation of the U.S.

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will decrease in the near future as our operations expand globally, therefore reducing our exposure to exchange rate fluctuations.

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David BenDavid | 54 | Chief Executive Officer

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Ofer Naveh | 54 | Chief Financial Officer

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Noam Shloper | 52 | Chief Operating Officer

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Doron Cohadier | 52 | Vice President of Business Development and Marketing

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Amit Klir | 56 | Vice President of Research and Development

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Shahar Hania | 53 | Class II Director

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