- ZOOZ Power Ltd. reported a **net loss of $(7,045) thousand** for the six months ended June 30, 2025, compared to $(5,237) thousand for the same period in 2024, with **negative cash flows from operating activities of $(4,950) thousand**.  **[1992818_0001641172-25-025985_ex99-1.htm:0]** **[1992818_0001641172-25-025985_ex99-1.htm:4]** **[1992818_0001641172-25-025985_ex99-2.htm:8]** **[1992818_0001641172-25-025985_ex99-2.htm:9]** 
- The company's cash balance of **$2,452 thousand** as of June 30, 2025, is not sufficient to continue operations for at least 12 months, raising **substantial doubt about its ability to continue as a going concern**.  **[1992818_0001641172-25-025985_ex99-1.htm:0]** **[1992818_0001641172-25-025985_ex99-1.htm:4]** **[1992818_0001641172-25-025985_ex99-2.htm:9]** 
- In July 2025, ZOOZ adopted **Bitcoin as its primary treasury reserve asset** and anticipates receiving approximately **$180 million** in gross proceeds from a Subsequent Private Placement, with the majority intended for building a Bitcoin reserve.  **[1992818_0001641172-25-025985_ex99-2.htm:0]** **[1992818_0001641172-25-025985_ex99-2.htm:2]** **[1992818_0001641172-25-025985_ex99-1.htm:3]** 
- To address liquidity and fund operations, the company completed an Initial Private Placement in July 2025, raising **$5.0 million** in gross proceeds, and is conducting an At-the-Market offering, having sold **119,820 ordinary shares** as of August 27, 2025.  **[1992818_0001641172-25-025985_ex99-2.htm:1]** **[1992818_0001641172-25-025985_ex99-2.htm:6]** **[1992818_0001641172-25-025985_ex99-1.htm:9]**

ZOOZ Power (ZOOZ)