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Unaudited Condensed Interim Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Cash flows from operating activities:          
Net income (loss) $ 916 $ (4,354) $ (2,777) $ (7,943) $ (19,599)
Adjustments to profit and loss items:          
Depreciation and amortization 315 329 618 650 1,272
Share-based compensation 712 252 1,331 597 1,946
Revaluation of warrants accounted at fair value (4,990) 0 (5,923) 0 8,977
Issuance expenses of warrants through profit and loss 0 0 0 0 1,911
Revaluation of liabilities in respect of IIA grants 233 248 492 482 (132)
Revaluation of liabilities in respect of TEVA 119 135 241 272 533
Revaluation of lease liabilities (9) (138) (22) (152) (109)
Increase (decrease) in severance pay liability, net (10) 35 67 55 109
Net financing income (759) (11) (1,005) (11) (74)
Un-realized foreign currency loss 120 283 466 528 525
Adjustments to profit and loss items, total (4,269) 1,133 (3,735) 2,421 14,958
Changes in asset and liability items:          
Decrease (increase) in trade receivables (707) (1,445) 6,115 (2,024) (7,582)
Increase in inventories (579) (37) (1,162) (747) (721)
Decrease in other receivables 435 205 122 330 364
Increase (decrease) in trade payables and accrued expenses 312 (272) (1,636) 11 414
Increase (decrease) in other payables and deferred revenues (1,359) (484) (1,526) (1,367) 281
Changes in asset and liability items, total (1,898) (2,033) 1,913 (3,797) (7,244)
Net cash (used in) operating activities (5,251) (5,254) (4,599) (9,319) (11,885)
Cash Flows from Investing Activities:          
Purchase of property and equipment (1,065) (138) (2,570) (298) (555)
Interest received 577 0 879 0 74
Investment in short term bank deposits, net (25,590) (2,499) (31,830) (2,499) 0
Net cash used in investing activities (26,078) (2,637) (33,521) (2,797) (481)
Cash Flows from Financing Activities:          
Repayment of leases liabilities (157) (172) (334) (350) (701)
Proceeds from exercise of options
Proceeds from exercise of pre-funded warrants 0 0 0 0 10
Proceeds from (Repayment of) issuance of shares and warrants, net (248) (556) 24,909 9,861 38,380
Repayment of IIA grants, net 0 0 (310) (162) (258)
Repayment of liabilities in respect of TEVA 0 0 (417) 0 (1,667)
Net cash provided by (used in) financing activities (405) (728) 23,848 9,349 35,764
Exchange rate differences on cash and cash equivalent balances (120) (303) (457) (550) (549)
Increase (decrease) in cash and cash equivalents (31,854) (8,922) (14,729) (3,317) 22,849
Balance of cash and cash equivalents at the beginning of the period 51,020 16,651 33,895 11,046 11,046
Balance of cash and cash equivalents at the end of the period 19,166 7,729 19,166 7,729 33,895
Supplement disclosure of Non-cash transactions:          
ROU asset, net recognized with corresponding lease liability $ 102 $ 43 $ 154 $ 43 $ 117