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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (6,750) $ (4,458)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation 84 88
Loss from sale of property, plant and equipment 1
Change in liability for employees’ rights upon retirement 52 72
Financial expense 12 19
Change in operating right of use asset and operating leasing liability (69) (18)
Share-based compensation expenses 706 120
Changes in operating asset and liability items:    
Decrease in prepaid expenses 271 47
Decrease (increase) in trade receivables (486) 407
Decrease (increase) in other receivables 10 (2)
Decrease (increase) in inventory 73 (166)
Increase (decrease) in trade payables 503 (188)
Increase (decrease) in other payables (576) 242
Net cash used in operating activities (6,169) (3,837)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (80)
Amounts funded in respect of employee rights upon retirement, net (34) (34)
Net cash used in investing activities (114) (34)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of shares and warrants and exercise of Pre-Funded Warrants and unit purchase option, net of $1,989 and $767 issuance costs, respectively 35,069 12,237
Net cash provided by financing activities 35,069 12,237
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (12) (19)
INCREASE IN CASH AND CASH EQUIVALENTS 28,774 8,347
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD 12,645 5,514
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 41,419 13,861
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Acquisition of right-of-use assets by means of lease liabilities 91
Issuance Costs $ 35 $ 68