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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (3,131) $ (2,286)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Share-based compensation 546 836
Depreciation 280 270
Financial income, net (mainly exchange differences) (91) (198)
Changes in accrued liability for employee rights upon retirement 19 75
Loss on amounts funded in respect of employee rights upon retirement 1 10
Amortization of debt issuance costs and debt discount 80 75
Changes in operating assets and liabilities:    
Decrease in contracts liability (including non-current portion) (1,388) (2,644)
Decrease (increase) in accounts receivable-trade and other assets 3,823 (2,314)
Changes in operating lease right of use assets, net 9 (2)
Decrease (increase) in inventories (3,499) 1,360
Increase (decrease) in accounts payable and accruals 353 (1,011)
Net cash used in operating activities (2,998) (5,829)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in bank deposits   (16,000)
Proceeds from sale of short-term deposits 5,000  
Purchase of property and equipment (248) (229)
Amounts funded in respect of employee rights upon retirement, net (20) (28)
Net cash provided by (used in) investing activities 4,732 (16,257)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock under the Sales Agreement, net 14,233  
Net cash provided by financing activities 14,233  
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (42) (11)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 15,925 (22,097)
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 17,111 38,985
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF PERIOD 33,036 16,888
SUPPLEMENTARY INFORMATION ON INVESTING AND FINANCING ACTIVITIES NOT INVOLVING CASH FLOWS:    
Purchase of property and equipment 326 67
Operating lease right of use assets obtained in exchange for new operating lease liabilities 312 99
SUPPLEMENTARY DISCLOSURE ON CASH FLOWS    
Interest paid 1,078 1,120
Interest received $ 78 $ 36