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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (10,821) $ (6,691)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation 121 122
Loss from sale of property, plant and equipment 1 14
Change in liability for employees’ rights upon retirement 82 114
Financial expense (income), net 1 (4)
Change in operating right of use asset and operating leasing liability (58) (19)
Share-based compensation expenses 1,010 261
Changes in operating asset and liability items:    
Increase in prepaid expenses (439) (82)
Decrease (increase) in trade receivables (495) 258
Decrease (increase) in other receivables 5 (160)
Decrease (increase) in inventory 280 (152)
Increase (decrease) in trade payables 320 (219)
Decrease in other payables (316) (323)
Net cash used in operating activities (10,309) (6,881)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (237) (26)
Investment in short-term deposits (24,000)
Amounts funded in respect of employee rights upon retirement, net (61) (57)
Net cash used in investing activities (24,298) (83)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of shares and warrants and exercise of Pre-Funded Warrants and unit purchase option, net of $2,024 and $767 issuance costs, respectively 35,034 12,327
Net cash provided by financing activities 35,034 12,327
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (13) 5
INCREASE IN CASH AND CASH EQUIVALENTS 414 5,368
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 13,059 10,882
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Acquisition of right-of-use assets by means of lease liabilities 91  
Sale of Fixed Asset (non-cash) $ 22