Additively Manufactured Electronics and Fabrica Product Lines (Product Lines of Nano Dimension Ltd.) Combined Abbreviated Financial Statements

Manufactured Electronics and Fabrica Product Lines

(Product Lines of Nano Dimension Ltd.)

Abbreviated Financial Statements

31, 2025 and December 31, 2024

Manufactured Electronics and Fabrica Product Lines of Nano Dimension Ltd.

TO THE COMBINED ABBREVIATED FINANCIAL STATEMENTS

the Board of Directors of QTREX Quantum Ltd :

have audited the combined abbreviated financial statements of Additively Manufactured Electronics and Fabrica Product Lines of Nano Dimension

Ltd. (the "Company"), which comprise the combined statements of assets acquired and liabilities assumed as of December 31,

2025 and 2024, and the related combined statements of revenues and direct expenses for the years then ended, and the related notes to

the combined abbreviated financial statements (collectively referred to as the "financial statements").

our opinion, the accompanying financial statements present fairly, in all material respects, the assets acquired and liabilities assumed

of the Company as of December 31, 2025 and 2024, and its revenues and direct expenses for the years then ended in accordance with

accounting principles generally accepted in the United States of America.

conducted our audits in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities

under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section

of our report. We are required to be independent of the Company and to meet our other ethical responsibilities, in accordance with the

relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained is sufficient and appropriate

to provide a basis for our audit opinion.

discussed in Note 2 to the financial statements, the financial statements have been prepared for the purposes of complying with

the rules and regulations of the Securities and Exchange Commission and are not intended to be a complete presentation of the Company's

financial position or results of operations. Our opinion is not modified with respect to this matter.

Going Concern- Emphasis of Matter

The accompanying abbreviated financial statements

have been prepared assuming that the Acquired Operations will continue as a going concern. As discussed in Note 1(2) to the abbreviated financial

statements, the Acquired Operations has suffered recurring losses from operations and is dependent on the acquiring company for continued

financial support. These factors, among others raise substantial doubt about the Acquired Operation's ability to continue as a going

concern. Management's evaluation of the events and conditions and management's plans regarding these matters are also described

in Note 1(2). The abbreviated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Our opinion is not modified with respect to this matter.

of Management for the Financial Statements

is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally

accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation

and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate,

that raise substantial doubt about the Company's ability to continue as a going concern for one year after the date that the financial

statements are available to be issued.

Auditor's Responsibilities for the Audit

of the Financial Statements

objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement,

whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level

of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always

detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than

for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of

internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate,

they would influence the judgment made by a reasonable user based on the financial statements.

performing an audit in accordance with GAAS, we:

are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit,

significant audit findings, and certain internal control-related matters that we identified during the audit.

Manufactured Electronics and Fabrica Product Lines of Nano Dimension Ltd.

of Revenues and Direct Expenses

accompanying notes are an integral part of these combined abbreviated financial statements.

Manufactured Electronics and Fabrica Product Lines of Nano Dimension Ltd.

of Assets Acquired and Liabilities Assumed

accompanying notes are an integral part of these combined abbreviated financial statements.

Manufactured Electronics and Fabrica Product Lines of Nano Dimension Ltd.

to Abbreviated Financial Statements

1. OVERVIEW AND BASIS OF PRESENTATION

Dimension Ltd. (the "Seller" or "Nano Dimension") is an Israeli resident company incorporated in Israel. Nano

Dimension engages in industrial manufacturing solutions of multi-disciplinary technology - combining hardware, software, and materials

science. These solutions are used for design-to-manufacturing of electronics and mechanical parts by advanced industrial customers.

April 1, 2026, QTREX Quantum Ltd. (formerly: Inspira Technologies Oxy B.H.N. Ltd.) (the "Buyer" or "QTREX") entered

into an Asset Purchase Agreement (the "APA") with Nano Dimension to acquire certain of the assets and assume certain liabilities

related to the Seller's Additively Manufactured Electronics ("AME") and Fabrica businesses (collectively, the "Business").

The transaction closed on April 6, 2026 (the "Closing Date").

to the APA, the total potential consideration payable for the Business is up to $12,500 and consists of: (i) a cash payment of $2,000,

payable at closing; and (ii) potential contingent consideration of up to $10,500 (the "Contingent Consideration"), which

is based on net cash proceeds collected during the 12-months period following Closing Date (the "Contingent Consideration Period").

The Contingent Consideration will consist of: (i) 50% of net cash proceeds collected as part of the Business, up to a maximum amount

of $4,000; and (ii) 50% of aggregate Fabrica net cash proceeds, up to a maximum amount of $6,500.

acquired assets related to two lines of 3D printers business that develop, manufact and commercialize its products: (i) AME inkjet printers

known as DragonFly IV that produce printed circuit boards ("PCBs") and

electronic devices by simultaneously depositing proprietary conductive and dielectric substances while integrating in situ capacitors,

antennas, coils, transformers, and electromechanical components, and (ii) Micro Additive Manufacturing (Micro-AM) Digital Light Processing

printers known as Fabrica 2.0 that achieve production-grade micron-level resolution polymer and composite parts.

accompanying Combined Abbreviated Statement of Assets Acquired and Liabilities Assumed, and the related Abbreviated Statement of

Revenues and Direct Expenses (collectively, the "Combined Abbreviated Financial Statements") have been prepared for the

purpose of complying with Rule 3-05(e) "Financial statements of businesses acquired or to be acquired" of Regulation S-X

of the U.S. Securities and Exchange Commission ("SEC") for inclusion in the Buyer's filings with the SEC. The

Combined Abbreviated Financial Statements of the Business have been prepared in accordance with U.S. generally accepted accounting

principles (U.S. GAAP).

is impracticable to prepare complete financial statements related to the Business as it was not a separate legal entity of Nano

Dimension and never operated as a stand-alone business, division or subsidiary. The activity was distributed and executed by four

sister subsidiaries within the Nano Dimension's group. Nano Dimension has never prepared full stand-alone or full carve-out financial statements for

the Business and has never maintained distinct and separate accounts necessary to prepare such financial statements. These Combined

Abbreviated Financial Statements are not intended to be a complete presentation of the Business's financial position or

results of operations. The Combined Abbreviated Financial Statements have been derived from the historical accounting records of the

Seller and include only the assets, liabilities, revenues, and direct expenses specifically attributable to the Business.

Combined Abbreviated Financial Statements were prepared to present the purchased assets and the liabilities assumed pursuant to the APA

and the revenues and certain expenses related to the Business acquired, including cost of sales, general and administrative expenses,

sales and marketing expenses, research and development expenses, and equity-based compensation attributable to research and development

personnel. Certain assets and liabilities of the Business were not sold per the terms of the APA, and therefore, are not included in

the Statements of Assets Acquired and Liabilities Assumed including, but not limited to, certain trade receivables.

instances where customer contracts included performance obligations from both the Business and other product lines of Nano Dimension,

the total transaction price was allocated based on the relative stand-alone selling prices determined by the Seller. The accompanying

Combined Abbreviated Statement of Revenues and Direct Expenses includes only the revenue allocated to the performance obligations of