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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (32,005) $ (19,916)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation 280 232
Gain from sale of property, plant and equipment (6)
Change in fair value of markable securities, net of interest received (894) (739)
Change in liability for employees rights upon retirement 163 89
Other financial expense (income) (51) 58
Change in operating right of use asset and operating leasing liability (144) 62
Share-based compensation expenses 10,138 4,490
Decrease in interest receivable on short term deposits 171
Gain on amounts funded in respect of employee rights upon retirement, net (91) (16)
Changes in operating asset and liability items:    
Decrease (increase) in prepaid expenses (482) 77
Decrease (increase) in trade receivables 232 (770)
Increase in other receivables (34) (435)
Increase in inventory (464) (485)
Increase in trade payables 315 280
Increase in other payables 1,169 532
Net cash used in operating activities (21,868) (16,376)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (1,402) (381)
Proceeds from sale of property, plant and equipment 12
Investment in long-term deposit (426)
Investment in short-term bank deposits (5,500)
Investments in marketable securities (14,444) (34,644)
Proceeds from matured marketable securities 29,000 6,000
Amounts funded in respect of employee rights upon retirement (87) (79)
Withdrawal from short-term bank deposits 18,500
Net cash provided by (used in) investing activities 12,641 (16,092)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of warrants, net of $1,000 issuance costs 16,854
Proceeds from issuance of shares and warrants, net of $81 and $4,635 issuance costs, respectively 1,598 37,534
Net cash provided by (used in) financing activities 18,452 37,534
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 51 (58)
INCREASE IN CASH AND CASH EQUIVALENTS 9,276 5,008
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 9,640 4,632
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF YEAR 18,916 9,640
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Acquisition of right-of-use assets by means of lease liabilities 1,344 419
Non-cash lease incentive   45
Decrease in right-of-use assets and lease liabilities due to shortening lease term 131
Non-cash purchase of property and equipment $ 189