XML 18 R7.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (24,317) $ (14,941)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation 205 135
Changes in fair value of marketable securities, net of interest received (155) (435)
Change in liability for employees’ rights upon retirement 277 61
Other financial expenses (income) (58) 14
Change in operating right of use asset and operating leasing liability 377 (55)
Share-based compensation expenses 5,940 5,349
Loss (gain) on amounts funded in respect of employee rights upon retirement, net (95) 34
Changes in operating asset and liability items:    
Decrease (increase) in prepaid expenses 113 (139)
Decrease (increase) in trade receivables (20) 497
Decrease in other receivables 186 198
Increase in inventory (484) (100)
Increase (decrease) in trade payables 264 (12)
Increase (decrease) in other payables 642 (24)
Net cash used in operating activities (17,125) (9,418)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (935) (670)
Investments in marketable securities (11,749) (1,960)
Proceeds from matured marketable securities 19,760 13,000
Amounts funded in respect of employee rights upon retirement (52) (47)
Net cash provided by investing activities 7,024 10,323
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of warrants 1,947 17,854
Proceeds from issuance of shares, net of $22 issuance costs 696
Net cash provided by financing activities 2,643 17,854
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 51 (14)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (7,407) 18,745
BALANCE OF CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD 18,916 9,640
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 11,509 28,385
SUPPLEMENT NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Issuance Costs not yet paid 109 1,000
Acquisition of right-of-use assets by means of lease liabilities $ 994