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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,286) $ (5,475)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Share-based compensation 836 816
Depreciation 270 286
Financial income, net (mainly exchange differences) (198) (168)
Changes in accrued liability for employee rights upon retirement 75 42
Loss (gain) on amounts funded in respect of employee rights upon retirement 10 (14)
Gain on sale of fixed assets   (51)
Amortization of debt issuance costs and debt discount 75 945
Changes in operating assets and liabilities:    
Decrease in contracts liability (including non-current portion) (2,644) (3,692)
Increase in accounts receivable and other assets (2,314) (2,282)
Changes in right of use assets (2) 42
Decrease (increase) in inventories 1,360 (833)
Increase (decrease) in accounts payable and accruals (1,011) 575
Decrease in other long term liabilities   (25)
Net cash used in operating activities (5,829) (9,834)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in bank deposits (16,000) (37,835)
Proceeds from sale of short-term deposits   7,500
Purchase of property and equipment (229) (386)
Proceeds from sale of property and equipment   53
Decrease in restricted deposit   12
Amounts funded in respect of employee rights upon retirement, net (28) (28)
Net cash used in investing activities (16,257) (30,684)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment for promissory note   (4,086)
Proceeds from issuance of common stock and warrants, net   37,625
Proceeds from issuance of common stock under the Sales Agreement, net   8,575
Net cash provided by financing activities   42,114
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (11) (31)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (22,097) 1,565
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 38,985 18,265
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF PERIOD 16,888 19,830
SUPPLEMENTARY INFORMATION ON INVESTING AND FINANCING ACTIVITIES NOT INVOLVING CASH FLOWS:    
Purchase of property and equipment 67 202
Right of use assets obtained in exchange for new operating lease liabilities 99 122
SUPPLEMENTARY DISCLOSURE ON CASH FLOWS    
Interest paid 1,120  
Interest received $ 36 $ 136