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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,559) $ (2,252)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 42 48
Change in liability for employees right upon retirement (47) (122)
Financial expenses (488) 33
Share-based compensation expenses 263 384
Loss on amounts funded in respect of employee rights upon retirement, net   1
Changes in operating asset and liability items:    
Decrease in prepaid expenses 44 13
Increase in trade receivables (115) (141)
Increase in other receivables (32) (62)
Decrease in inventory 171 242
Decrease in trade payables (267) (59)
Increase in other payables and advance payment from customers 230 50
Net cash used in operating activities (2,758) (1,865)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (153)  
Amounts (funded) gained in respect of employee rights upon retirement, net (3) 90
Net cash provided by (used in) investing activities (156) 90
CASH FLOWS FROM FINANCING ACTIVITIES:    
Taxes withheld in respect of share issuance   (16)
Proceeds from issuance of shares and warrants, net of $issuance costs 6,162 1,520
Repayment of long-term loan (2,179) (988)
Net cash provided by financing activities 3,983 516
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (13) 1
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 1,056 (1,258)
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD 7,516 3,257
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 8,572 1,999
SUPPLEMENTAL DISCLOSURES OF NON-CASH FINANCING ACTIVITIES:    
Placement Agent Fees in connection with short term warrants, see also note 5a 107
Issuance costs $ 90