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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income (loss) $ (3,562) $ 14,356
Adjustments required to reconcile net income (loss) to net cash provided by operating activities:    
Share-based compensation 2,599 2,081
Depreciation 970 878
Financial expenses (income), net 173 (511)
Changes in accrued liability for employee rights upon retirement 32 (50)
Changes in deferred income tax asset 236 (3,092)
Gain on amounts funded in respect of employee rights upon retirement (20) (49)
Gain on sale of fixed assets (3)  
Gain on conversions of convertible notes   (421)
Amortization of debt issuance costs and debt discount   208
Changes in operating assets and liabilities:    
Decrease in contracts liability   (13,178)
Decrease (increase) in accounts receivable-trade and other assets 3,069 (4,188)
Changes in operating lease right of use assets, net 13 12
Decrease (increase) in inventories 1,846 (4,779)
Increase (decrease) in accounts payable and accruals (670) 3,820
Net cash provided by (used in) operating activities 4,683 (4,913)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in bank deposits   (20,420)
Short-term deposit withdrawal 20,420 5,000
Purchase of property and equipment (857) (899)
Proceeds from sale of property and equipment 3  
Amounts funded in respect of employee rights upon retirement, net (25) (50)
Net cash provided by (used in) investing activities 19,541 (16,369)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment for convertible notes redemption (20,420)  
Proceeds from issuance of common stock under the Sales Agreement, net   23,954
Exercise of warrants   712
Net cash provided by (used in) financing activities (20,420) 24,666
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (29) (87)
NET INCREASE IN CASH AND CASH EQUIVALENTS 3,775 3,297
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 23,634 17,111
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF PERIOD 27,409 20,408
SUPPLEMENTARY INFORMATION ON INVESTING AND FINANCING ACTIVITIES NOT INVOLVING CASH FLOWS:    
Purchase of property and equipment 402 253
Operating lease right of use assets obtained in exchange for new operating lease liabilities 376 1,395
Convertible notes conversions   7,783
SUPPLEMENTARY DISCLOSURE ON CASH FLOWS    
Interest paid 1,532 2,743
Interest received $ 1,481 $ 303