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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (7,620) $ (16,716)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Share-based compensation 1,124 1,394
Depreciation 538 574
Financial income, net (mainly exchange differences) (952) (121)
Changes in accrued liability for employee rights upon retirement (449) 70
Loss (gain) on amounts funded in respect of employee rights upon retirement 16 (56)
Gain on sale of fixed assets   (51)
Amortization of debt issuance costs and debt discount 146 1,928
Changes in operating assets and liabilities:    
Increase (decrease) in contracts liability (including non-current portion) (2,644) 12,268
Decrease (increase) in accounts receivable and other assets 76 (1,587)
Changes in right of use assets (3) 94
Decrease (increase) in inventories 1,447 (558)
Decrease in accounts payable and accruals (4,864) (544)
Decrease in other long term liabilities   (13)
Net cash used in operating activities (13,185) (3,318)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in bank deposits (16,000) (37,835)
Proceeds from sale of short-term deposits   15,000
Purchase of property and equipment (357) (667)
Proceeds from sale of property and equipment   53
Decrease in restricted deposit   359
Amounts paid (funded) in respect of employee rights upon retirement, net 457 (54)
Net cash used in investing activities (15,900) (23,144)
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 2,641 8,575
Exercise of warrants 2  
Net cash provided by financing activities 2,643 42,114
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (51) (35)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (26,493) 15,617
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 38,985 18,265
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF PERIOD 12,492 33,882
SUPPLEMENTARY INFORMATION ON INVESTING AND FINANCING ACTIVITIES NOT INVOLVING CASH FLOWS:    
Purchase of property and equipment 81 372
Right of use assets obtained in exchange for new operating lease liabilities 99 232
SUPPLEMENTARY DISCLOSURE ON CASH FLOWS    
Interest paid 1,120 2,172
Interest received $ 93 $ 307