NEXR · Nexera Technologies Ltd

Fort Technology Inc., the entity whose financials are attached to this 6-K filing by Jeffs' Brands Ltd (formerly Jeffs' Brands Ltd), reported a significant swing to a net loss of $5.83 million for the year ended December 31, 2025, compared to net income of $0.36 million in 2024. The loss was primarily driven by $3.78 million in listing expenses related to the reverse recapitalization transaction with Nexera Technologies Ltd (formerly Jeffs' Brands Ltd) completed on July 7, 2025. Revenue grew 10% to $10.85 million, supported by strong sales of Roshield and Entopest product lines and expansion into European markets. However, gross profit margin contracted sharply from 16.7% to 9.9%, as cost of revenues increased disproportionately due to higher sales fulfillment commissions, freight costs, and storage expenses. Operating expenses more than doubled, with sales and marketing up 76% to $1.16 million and general and administrative expenses surging to $1.18 million from $0.33 million, reflecting the costs of becoming a public operating company. Financial expenses also rose to $0.96 million from $0.03 million, largely due to interest on convertible debentures issued in August 2025. The company's balance sheet as of December 31, 2025, showed total assets of $7.49 million, including $2.29 million in convertible loan receivable, and total liabilities of $4.70 million, with $3.13 million in convertible debentures. Shareholders' equity stood at $2.79 million, down from $1.40 million at year-end 2024, after the net loss and various equity transactions. The filing also includes an MD&A and a press release from Nexera regarding its subsidiary KeepZone AI receiving authorization to market a fuel tank protection system in the Gulf region, indicating the parent company's diversification into homeland security.