XML 20 R6.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (4,595) $ (3,131)
Adjustments required to reconcile net loss to net cash provided by (used in) operating activities:    
Share-based compensation 981 546
Depreciation 322 280
Financial income, net (471) (91)
Changes in accrued liability for employee rights upon retirement 8 19
Changes in deferred tax asset (138)  
Loss (gain) on amounts funded in respect of employee rights upon retirement (3) 1
Amortization of debt issuance costs and debt discount   80
Changes in operating assets and liabilities:    
Increase (decrease) in contracts liability 11,039 (1,388)
Decrease in accounts receivable-trade and other assets 1,746 3,823
Changes in operating lease right of use assets, net 14 9
Increase in inventories (3,301) (3,499)
Increase (decrease) in accounts payable and accruals (1,414) 353
Net cash provided by (used in) operating activities 4,188 (2,998)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sale of short-term deposits   5,000
Purchase of property and equipment (598) (248)
Amounts funded in respect of employee rights upon retirement, net (8) (20)
Net cash provided by (used in) investing activities (606) 4,732
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 (7) (42)
NET INCREASE IN CASH AND CASH EQUIVALENTS 3,575 15,925
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 23,634 17,111
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF PERIOD 27,209 33,036
SUPPLEMENTARY INFORMATION ON INVESTING AND FINANCING ACTIVITIES NOT INVOLVING CASH FLOWS:    
Purchase of property and equipment 146 326
Operating lease right of use assets obtained in exchange for new operating lease liabilities 186 312
SUPPLEMENTARY DISCLOSURE ON CASH FLOWS    
Interest paid 766 1,078
Interest received $ 33 $ 78