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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Loss $ (18,054) $ (25,954) $ (29,844)
Adjustments to the profit or loss items:      
Depreciation and amortization of property, plant and equipment and right-of-use-assets 1,530 1,641 1,513
Amortization of intangible assets 974 971 1,067
Share-based compensation 1,795 1,877 1,186
Remeasurement of Convertible SAFE 3 254 114
Net financing income (689) (666) 2,979
Decrease in accrued bank interest 0 0 7
Loss (gain) from sale of property, plant and equipment 524 (26) 0
Excess of initial fair value of pre-funded warrants over transaction proceeds 2,684 0 0
Amortization of deferred expenses related to issuance of warrants 471 0 0
Remeasurement of pre-funded warrants and warrants (6,529) 0 0
Share of loss of an associate 39 0 0
Taxes on income (tax benefit) 9 (33) 90
Adjustments to the profit or loss items 811 4,018 6,956
Changes in asset and liability items:      
Increase in trade receivables (734) (9) (67)
Decrease (increase) in other receivables and prepaid expenses 925 (1,445) 1,113
Decrease (increase) in inventories (1,743) 490 (474)
Decrease (increase) in deferred taxes 0 94 (94)
Increase (decrease) in trade payables (596) 742 (469)
Increase (decrease) in employees and payroll accruals (668) 550 (675)
Increase (decrease) in other payables 62 (534) 48
Decrease in deferred revenues and other advances (559) (288) (153)
Changes in asset and liability (3,313) (400) (771)
Cash received (paid) during the year for:      
Interest received 934 905 186
Interest paid (67) (115) (165)
Taxes paid (11) (31) (40)
Net cash used in operating activities (19,700) (21,577) (23,678)
Cash flows from investing activities:      
Purchase of property, plant and equipment (626) (785) (1,171)
Proceeds from sale of marketable securities 0 6,924 12,356
Purchase of marketable securities 0 (503) (911)
Proceeds from sale of property, plant and equipment 58 26 0
Proceeds from short-term bank deposits 27,340 9,000 3,000
Investment in short-term bank deposits (17,150) (19,200) 0
Net cash provided by (used in) investing activities 9,622 (4,538) 13,274
Cash flows from financing activities:      
Issuance of a subsidiary's preferred shares to non-controlling interests 0 9,523 0
Proceeds from issuance of ordinary shares, pre-funded warrants and warrants 5,500 0 0
Proceeds from issuance of ordinary shares, net of issuance expenses 123 8,449 21
Proceeds from issuance of Convertible SAFE 0 0 10,000
Proceeds from exercise of options 0 0 7
Repayment of lease liabilities (901) (836) (803)
Proceeds from government grants 232 1,089 149
Repayment of government grants (298) (73) (31)
Net cash provided by financing activities 4,656 18,152 9,343
Exchange rate differences on balances of cash and cash equivalent balances (49) (245) (2,284)
Decrease in cash and cash equivalents (5,471) (8,208) (3,345)
Cash and cash equivalents beginning of the year 20,772 28,980 32,325
Cash and cash equivalents end of the year 15,301 20,772 28,980
Significant non-cash activities:      
Purchase of property, plant and equipment 120 81 74
Right-of-use asset recognized with corresponding lease liability 2,307 194 90
Exercise of pre-funded warrants 2,289 0 0
Investment in affiliated company with corresponding deferred revenues $ 120 $ 0 $ 0