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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
8 Months Ended 12 Months Ended
Dec. 31, 2016
Dec. 31, 2017
Net cash used in operating activities    
Net loss $ (264) $ (1,143)
Share based compensation expenses 36 106
Decrease in other accounts receivable and prepaid expenses (28) 7
Decrease in accrued expenses and other payables (20) (5)
Change in the fair value of derivative warrant liability 109
Net cash used in operating activities (276) (926)
Cash flows from financing activities    
Exercise of options [1]
Issuance of common stock, preferred stock and warrants 608 544
Acquisition of subsidiary in connection with a reverse acquisition 575
Cash flows from financing activities 1,183 544
Increase (decrease) in cash and cash equivalents 907 (382)
Cash and cash equivalents at the beginning of the period 907
Cash and cash equivalents at the end of the period $ 907 $ 525
[1] Represents an amount lower than 1,000 USD