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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (14,941) $ (9,333)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation 135 113
Gain from sale of property, plant and equipment (8)
Loss on amounts funded in respect of employee rights upon retirement 34 42
Changes in fair value of marketable securities, net of interest received (435) 21
Change in liability for employees’ rights upon retirement 61 31
Other financial expenses 14 23
Change in operating right of use asset and leasing liability (55) (60)
Share-based compensation expenses 5,349 1,219
Decrease in interest receivable on short term deposits 40
Changes in operating asset and liability items:    
Decrease (increase) in prepaid expenses (139) 599
Decrease (increase) in trade receivables 497 (436)
Decrease (increase) in other receivables 198 (99)
Increase in inventory (100) (68)
Increase (decrease) in trade payables (12) 109
Decrease in other payables (24) (349)
Net cash used in operating activities (9,418) (8,156)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in short-term bank deposits (5,500)
Purchase of property, plant and equipment (670) (70)
Proceeds from sale of property, plant and equipment 9
Investments in marketable securities (1,960) (28,838)
Proceeds from matured marketable securities 13,000
Withdrawal from short-term bank deposits 12,000
Amounts funded in respect of employee rights upon retirement (47) (43)
Net cash provided by (used in) investing activities 10,323 (22,442)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of warrants 17,854  
Proceeds from issuance of shares and warrants, net   37,534
Net cash provided by financing activities 17,854 37,534
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (14) (23)
INCREASE IN CASH AND CASH EQUIVALENTS 18,745 6,913
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD 9,640 4,632
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 28,385 11,545
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:    
Issuance Costs not yet paid $ 1,000