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INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net loss $ (5,027) $ (2,298)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 44 25
Shares and options granted to service providers 25 0
Deferred Stock-based compensation related to options granted to employees and directors 312 227
Change in lease liability 94 0
Decrease (increase) in accounts receivable and prepaid expenses 1,449 (116)
Increase in trade payables 481 1,837
Deferred grant income 511 (1,423)
Increase (decrease) in other accounts payable and accrued expenses 1,276 (378)
Total net cash used in operating activities (835) (2,126)
Cash flows from investing activities:    
Purchase of property and equipment (4) (45)
Changes in short-term deposit 3,135 2,914
Investment in lease deposit 0 (5)
Total net cash provided by investing activities 3,131 2,864
Cash flows from financing activities:    
Proceeds from exercise of options 0 25
Total net cash provided by financing activities 0 25
Increase in cash and cash equivalents 2,296 763
Cash and cash equivalents at the beginning of the period 942 2,483
Cash and cash equivalents at end of the period $ 3,238 $ 3,246