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Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 5,468 $ 5,360
Short-term bank deposits 25,152 34,811
Restricted cash 373 269
Prepaid expenses and other current assets 1,259 969
Total current assets 32,252 41,409
LONG-TERM ASSETS:    
Restricted bank deposits 645 627
Severance pay fund 460 439
Property and equipment, net 788 688
Operating lease right-of-use asset 7,340 7,633
Long-term deposit and other long-term assets 79 1
Total long-term assets 9,312 9,388
Total assets 41,564 50,797
CURRENT LIABILITIES    
Trade payables 1,104 1,812
Accrued expenses 1,012 1,209
Operating lease liability 654 627
Accrued vacation and recuperation 779 873
Other accounts payable 981 1,100
Total current liabilities 4,530 5,621
LONG-TERM LIABILITIES    
Accrued severance pay 613 598
Operating lease liability 5,403 5,748
Loan from the European Investment Bank (“EIB”) 24,401 23,530
Total long-term liabilities 30,417 29,876
COMMITMENTS AND CONTINGENCIES  
Share capital:    
Common shares, $0.00001 par value per share: Authorized: 300,000,000 as of December 31, 2023, and June 30, 2023; Issued and outstanding: 41,680,023 and 41,245,495 shares as of December 31, 2023, and June 30, 2023, respectively [1]
Additional paid-in capital 413,849 412,939
Accumulated deficit (409,450) (399,584)
Total shareholders’ equity 4,399 13,355
Non-controlling interests 2,218 1,945
Total equity 6,617 15,300
Total liabilities and equity $ 41,564 $ 50,797
[1] Less than $1