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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (11,166) $ (7,032)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation 98 69
Change in fair value of markable securities, net of interest received (73) (218)
Change in liability for employees rights upon retirement 74 66
Other financial expenses (income) (55) 4
Change in operating right of use asset and operating leasing liability 119 (25)
Share-based compensation expenses 2,729 2,618
Loss on amounts funded in respect of employee rights upon retirement, net 22 14
Changes in operating asset and liability items:    
Decrease in prepaid expenses 167 47
Decrease (Increase) in trade receivables (8) 617
Decrease in other receivables 109 165
Increase in inventory (252) (254)
Increase (decrease) in trade payables 473 (280)
Decrease in other payables (1,029) (855)
Net cash used in operating activities (8,792) (5,064)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (359) (195)
Investments in marketable securities (6,909) (1,960)
Proceeds from matured marketable securities 9,000 7,000
Amounts funded in respect of employee rights upon retirement (30) (28)
Net cash provided by investing activities 1,702 4,817
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of shares, net of $22 issuance costs 506
Net cash provided by financing activities 506
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 51 (4)
DECREASE IN CASH AND CASH EQUIVALENTS (6,533) (251)
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD 18,916 9,640
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 12,383 9,389
SUPPLEMENT NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Receivable on account of share issuance 190
Non-cash purchase of property and equipment $ 104