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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows used in operating activities:      
Net loss $ (12,736) $ (12,976) $ (15,551)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 266 285 321
Share-based compensation to employees and non-employees 833 749 1,108
Deferred taxes (29) (44) (57)
Gain on PPP forgiveness (392)
Changes in assets and liabilities:      
Trade receivables, net 99 110 (36)
Prepaid expenses, operating lease right-of-use assets and other assets 592 166 64
Inventories 432 (469) (1,221)
Trade payables (884) (506) 370
Employees and payroll accruals 275 197 20
Deferred revenues 74 264 176
Operating lease liabilities and other liabilities (391) 27 (9)
Net cash used in operating activities (11,469) (12,589) (14,815)
Cash flows used in investing activities:      
Purchase of property and equipment (47) (73) (22)
Net cash used in investing activities (47) (73) (22)
Cash flows from financing activities:      
Repayment of long-term loan [1] (6,965) (1,722)
Proceeds from PPP loan [2] 392
Issuance of ordinary shares in a "best effort" offering, net of issuance expenses in the amount of $686 [2] 3,684
Issuance of ordinary shares in a "registered direct" offering, net of issuance expenses in the amount of $1,035 [2] 8,125
Issuance of ordinary shares in a "warrant exercise" agreement, net of issuance expenses in the amount of $1,019 (1) [2] 9,966
Issuance of ordinary shares in a "best effort" offering, net of issuance expenses in the amount of $1,056 [2] 4,010
Issuance of ordinary shares in a "registered direct" offering, net of issuance expenses in the amount of $977 [2] 8,023
Issuance of ordinary shares in a private placement, net of issuance expenses in the amount of $959 [2] 7,041
Issuance of ordinary shares in a private placement, net of issuance expenses paid in the amount of $3,679 [2] 36,321
Issuance of ordinary shares in a "registered direct" offering, net of issuance expenses in the amount of $3,215 [2] 28,131
Exercise of pre-funded warrants and warrants [2],[3] 15,060 4,223 1,429
Net cash provided by financing activities 79,512 [2] 16,724 21,482
Increase in cash, cash equivalents, and restricted cash 67,996 4,062 6,645
Cash, cash equivalents, and restricted cash at beginning of period 21,054 16,992 10,347
Cash, cash equivalents, and restricted cash at end of period 89,050 21,054 16,992
Supplemental disclosures of non-cash flow information      
Expenses related to offerings not yet paid [2] 76 90
Classification of other current assets to property and equipment, net 34 98
Classification of inventory to other current assets 89 164
Classification of inventory to property and equipment 32 50 174
Cashless exercise of pre-funded warrants 72
Initial recognition of operating lease right-of-use assets 2,099
Initial recognition of operating lease liabilities (2,249)
Supplemental disclosures of cash flow information:      
Cash and cash equivalents 88,337 20,350 16,253
Restricted cash included in other long term assets 713 704 739
Total Cash, cash equivalents, and restricted cash 89,050 21,054 16,992
Supplemental disclosures of cash flow information:      
Cash paid for income taxes 40 13 21
Cash paid for interest $ 862 $ 1,499
[1] See Note 10
[2] See Note 8b.
[3] See Note 8f.