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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,609) $ (5,212)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 48 75
Impairment of royalties buyout   316
Change in liability for employees right upon retirement (122) 12
Financial expenses 33 102
Share-based compensation expenses 741 1,029
Loss on amounts funded in respect of employee rights upon retirement, net 1 4
Changes in operating asset and liability items:    
Decrease in prepaid expenses 13 49
Increase in trade receivables (141) (84)
Decrease (increase) in other receivables (62) 81
Decrease in inventory 242 174
Decrease in trade payables (59) (244)
Increase (decrease) in other payables and advance payment from customers 50 (924)
Net cash used in operating activities (1,865) (4,622)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment   (1)
Amounts gained (funded) in respect of employee rights upon retirement, net 90 (10)
Net cash provided by (used in) investing activities 90 (11)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Taxes withheld in respect of share issuance (16) (78)
Net proceeds from issuance of shares and warrants 1,520 12,529
Repayment of long-term loan (988) (891)
Net cash provided by financing activities 516 11,560
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 1 (41)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (1,258) 6,886
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD 3,257 6,300
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF THE PERIOD $ 1,999 $ 13,186