NXTS · Nexentis Technologies Inc.
$1.91
+0.03 (+1.60%)
At close · Aug 27
Going-concern doubt
— flagged Aug 13, 2026
Substantial doubt about the company's ability to continue as a going concern.
“As of June 30, 2026, we had an accumulated deficit of $56,282,000, and we expect to incur losses for the foreseeable future. We have financed our operations mainly through fundraising from various investors and have limited revenue from our products and therefore are dependent upon external sources to finance our operations. There can be no assurance that we will succeed in obtaining the necessary financing to continue our operations. These factors raise substantial doubt about our ability to continue as a going concern through at least twelve months from the date of this Quarterly Report.”View the 10-Q filed Aug 13, 2026
Market Cap
$2.72M
Shares
1.45M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| David Palach | Chief Executive Officer | $193,932 |
| Lital Barda | Chief Financial Officer) | $135,542 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| David Palach | Chief Executive Officer | $393,200 |
| Lital Barda | Chief Financial Officer) | $187,561 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| David Palach | Chief Executive Officer | $134,844 |
| Lital Barda | Chief Financial Officer) | $75,744 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Dan Sztybel | Former co-Chief Executive Officer, Chief Executive Officer of Save Foods Ltd. | $428,061 |
| Neta Matis | Chief Operating Officer of Save Foods Ltd. | $350,532 |
| Shlomo Zakai | Former Chief Financial Officer | $243,519 |
| David Palach | Chief Executive Officer | $164,017 |
| Vered Raz Avayo | Former Chief Financial Officer | $120,920 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Dan Sztybel | Former co-Chief Executive Officer, Chief Executive Officer of Save Foods Ltd. | $256,060 |
| Neta Matis | Chief Operating Officer of Save Foods Ltd. | $169,675 |
| Shlomo Zakai | Former Chief Financial Officer | $65,706 |
| Vered Raz Avayo | Former Chief Financial Officer | $16,462 |
| David Palach | Chief Executive Officer | $14,667 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Dr. Roy Borochov | Board | Resigned | 2023-12-26 |
| Asaf Itzhaik | Class II director | Appointed | 2023-12-26 |
| Dr. Roy Borochov | member of the board of directors | Resigned | 2023-12-18 |
| Liat Sidi | Class II director | Appointed | 2023-11-13 |
| David Palach | Interim Chief Financial Officer | Terminated | 2023-07-18 |
| Roy Borochov | director | Appointed | 2023-04-06 |
| Amitai Weiss | director | Appointed | 2023-04-06 |
| Dr. Roy Borochov | Class II director | Appointed | 2023-04-06 |
| David Palach | Interim Chief Financial Officer | Appointed | 2023-04-05 |
| Neta Matis, Ph.D. | Chief Operating Officer and Head of Science | Terminated | 2023-01-23 |
| Israel Berenshtein | Class I member of the Board | Appointed | 2022-08-30 |
| Ronen Rosenbloom | Class I member of the Board | Appointed | 2022-08-30 |
| Lital Barda | Chief Financial Officer | Appointed | 2022-04-18 |
| Omri Kanterovich | Interim Chief Financial Officer | Resigned | 2022-04-18 |
| Omri Kanterovich | interim Chief Financial Officer | Appointed | 2022-01-19 |
| Vered Raz-Avayo | Chief Financial Officer | Resigned | 2022-01-19 |
| Vered Raz Avayo | Chief Financial Officer | Appointed | 2021-05-19 |
| Benad Goldwasser | member of the Board | Resigned | 2021-05-19 |
| Vered Raz Avayo | member of the Board | Resigned | 2021-05-19 |
| Benad Goldwasser | Chairman of the Board | Resigned | 2021-05-19 |
| Udi Kalifi | member of the Board | Appointed | 2021-05-19 |
| Eliahou Arbib | member of the Board | Appointed | 2021-01-14 |
| David Palach | sole Chief Executive Officer | Appointed | 2021-01-06 |
| Dan Sztybel | co-Chief Executive Officer | Resigned | 2021-01-06 |
| David Palach | Co-Chief Executive Officer | Appointed | 2020-11-10 |