XML 104 R6.htm IDEA: XBRL DOCUMENT v3.24.4
Interim Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:            
Net loss $ (2,867) $ (2,542) $ (8,211) $ (8,104) $ (9,445) $ (9,468)
Adjustments to reconcile net loss to net cash used in operations:            
Depreciation 28 47 92 239 284 251
Stock based compensation 537 371 1,500 1,056 1,664 1,638
Loss (Profit) from exchange differences on cash and cash equivalents (29) 11 11 64 (159) 269
Interest and exchange differences from operating lease liability 13 (56) (29) (78) (49)
Severance pay asset and liability (1) (1) (14) 53 50 (8)
Interest income in respect of deposits 167 96 (22) (49) (34)
Changes in operating assets and liability items:            
Decrease (increase) in accounts receivable (154) 158 460 60 (1,312) (52)
Decrease (increase) in inventory 111 (58) 176 (152) 126 (463)
Decrease in operating lease liability (114) (115) (340) (225) (391) (233)
Decrease in right-of-use asset 111 117 338 211 381 261
Decrease (increase)in other current and non-current assets 23 95 (202) (292) (247) 162
Increase (decrease) in accounts payable 9 (481) 14 (4) (10) 194
Decrease in contract fulfillment assets 13 60 133 179 239 180
Decrease in current and non-current contract liabilities (101) (110) (228) (793) (1,322) 1,224
Increase in accrued compensation expenses 187 307 606 396 181 10
Increase (decrease) in related parties 9 5 10 (6) (17) 19
Increase (decrease) in other current and non-current liabilities 26 (230) 66 80 18 4
Net cash flows used in operating activities (2,199) (2,255) (5,522) (7,338) (10,009) (6,095)
CASH FLOWS FROM INVESTING ACTIVITIES:            
Purchase of property and equipment (8) (37) (38) (94) (113) (118)
Withdrawal of short terms deposits 15,000 8,000 18,000 21,500 14,500
Investment in short term deposits (18,500) (26,500) (6,500)
Net cash flows provided by (used in) investing activities (8) 14,963 7,962 (594) (5,113) 7,882
CASH FLOWS FROM FINANCING ACTIVITIES:            
Proceeds from issuance of shares and warrants 9,850 (78) 9,850 13,835 13,809
Net cash flows provided by (used in) financing activities 9,850 (78) 9,850 13,835 13,809
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH 7,643 12,630 12,290 5,903 (1,313) 1,787
BALANCE OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF THE PERIOD 13,552 3,319 8,945 10,099 10,099 8,581
LOSS (PROFIT) FROM EXCHANGE DIFFERENCES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH 29 (11) (11) (64) 159 (269)
BALANCE OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT THE END OF THE PERIOD 21,224 15,938 21,224 15,938 8,945 10,099
Non cash activities            
Right-of-use assets obtained in exchange for operating lease liabilities 47 1,112 167 1,577 1,506 155
Termination of right-of-use assets in exchange for cancellation of operating lease obligations $ (27) $ (55) $ (52) $ (52)