XML 18 R7.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (13,689) $ (11,166)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation 149 98
Change in fair value of marketable securities, net of interest received 64 (73)
Change in liability for employees rights upon retirement 102 74
Other financial expenses (income) 14 (55)
Change in operating right of use asset and operating leasing liability (18) 119
Share-based compensation expenses 2,105 2,729
Loss (gains) on amounts funded in respect of employee rights upon retirement, net (9) 22
Changes in operating assets and liability items:    
Decrease in prepaid expenses 96 167
Increase in trade receivables (213) (8)
Decrease (increase) in other receivables (7) 109
(Increase) decrease in inventory 360 (252)
Increase in trade payables 699 473
Decrease in other payables (1,990) (1,029)
Net cash used in operating activities (12,337) (8,792)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (194) (359)
Investments in marketable securities (6,909)
Proceeds from matured marketable securities 15,000 9,000
Amounts funded in respect of employee rights upon retirement (27) (30)
Net cash provided by investing activities 14,779 1,702
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of shares 506
Net cash provided by financing activities 506
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (19) 51
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 2,423 (6,533)
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD 8,939 18,916
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 11,362 12,383
SUPPLEMENT NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Receivable on account of share issuance 190
Non-cash purchase of property and equipment $ 22 $ 104