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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (9,333) $ (9,117)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation 113 84
Gain from sale of property, plant and equipment (8)
Loss on amounts funded in respect of employee rights upon retirement 42 103
Changes in fair value of marketable securities 21
Change in liability for employees’ rights upon retirement 31 (90)
Other financial expenses 23 132
Change in operating right of use asset and leasing liability (60) (63)
Share-based compensation expenses 1,219 1,327
Decrease (increase) in interest receivable on short term deposits 40 (42)
Changes in operating asset and liability items:    
Decrease in prepaid expenses 599 338
Decrease (increase) in trade receivables (436) 41
Increase in other receivables (99) (6)
Increase in inventory (68) (311)
Increase in trade payables 109 234
Increase (decrease) in other payables (349) 127
Net cash used in operating activities (8,156) (7,243)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in short-term bank deposits (5,500) (10,000)
Purchase of property, plant and equipment (70) (152)
Proceeds from sale of property, plant and equipment 9
Investments in marketable securities (28,838)
Withdrawal from short-term bank deposits 12,000 12,000
Amounts funded in respect of employee rights upon retirement (43) (47)
Net cash provided by (used in) investing activities (22,442) 1,801
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance costs of At The Market offering (37)
Proceeds from issuance of shares and warrants net of $4,635 issuance costs, 37,534
Net cash provided by financing activities 37,534 (37)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (23) (132)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 6,913 (5,611)
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD 4,632 12,004
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 11,545 6,393
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Acquisition of right-of-use assets by means of lease liabilities $ 835