XML 74 R7.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows used in operating activities:          
Net loss $ (11,976) $ (16,657) $ (21,675) $ (24,717) $ (32,503)
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation 242 351 463 642 696
Share-based compensation to employees and non-employees 869 2,342 2,766 3,654 3,398
Deferred taxes (67) (13) (107) 73 (5)
Loss on extinguishment of debt     313
Loss on inducement of debt [1]     600
Financial expenses related to long term loan 133 224 128 675
Capital Gain     (8)
Changes in assets and liabilities:          
Trade receivables, net 186 (83) 322 151 892
Prepaid expenses, operating lease right-of-use assets and other assets (397) 189 734 (438) 183
Inventories (828) 1,171 1,403 (582) (911)
Trade payables 625 491 492 (1,613) 950
Employees and payroll accruals (56) (202) (222) (147) (202)
Deferred revenues and advances from customers 180 192 283 47 (32)
Other liabilities (3) (88) (57) 27 120
Net cash used in operating activities (11,225) (12,174) (14,774) (22,462) (26,747)
Cash flows used in investing activities:          
Purchase of property and equipment (8) (3) (13) (21) (452)
Proceeds from sale of property and equipment     15
Net cash used in investing activities (8) (3) (13) (21) (437)
Cash flows from financing activities:          
Repayment of long term loan (1,261) (3,063) (3,866) (3,102) (922)
Issuance of ordinary shares in at-the-market offering, net of issuance expenses paid in the amount of $123 [2] 1,229 [2] 1,142 [3] 9,309 [3] 4,099 [3]
Issuance of ordinary shares in investment agreement, net of issuance expenses in an amount of $343 [2] 4,657      
Issuance of ordinary shares in a "best efforts" offering, net of issuance expenses in the amount of $ 686 [2] 3,684      
Issuance of ordinary shares in a "registered direct" offerings, net of issuance expenses in the amount of $1,035 [2] 8,215      
Issuance of ordinary shares in a "warrant exercise" agreement, net of issuance expenses in the amount of $ 1,019 [2] 9,966      
Issuance of ordinary shares and exercise of pre-funded warrants into ordinary shares in follow-on offering, net of issuance expenses in an amount of $1,505 and net of long term loan conversion in the amount of $3,600 1,429 [2],[4] [2],[4] 8,140 [1],[3] 7,163 [1],[3] 11,089 [1],[3]
Issuance of ordinary shares upon exercise of options to purchase ordinary shares by employees and non-employees     38 18
Proceeds from long term loan     20,000
Debt issuance cost     (501)
Issuance of ordinary shares in investment agreement, net of issuance expenses in an amount of $830 [3]     4,295
Net cash provided by financing activities 22,033 2,823 9,711 13,408 33,783
Increase (decrease) in cash, cash equivalents, and restricted cash 10,800 (9,354) (5,076) (9,075) 6,599
Cash, cash equivalents, and restricted cash at beginning of period 10,347 15,423 15,423 24,498 17,899
Cash, cash equivalents, and restricted cash at end of period 21,147 6,069 10,347 15,423 24,498
Supplemental disclosures of non-cash flow information          
At-the-market offering expenses not yet paid 114 25 [3] [3] [3]
Investment agreement issuance cost not yet paid 362      
''Registered direct'' offerings issuance cost not yet paid 90      
Classification of other current assets to property and equipment, net 236 236
Classification of inventory to property and equipment 88 203 181
Cashless exercise of pre-funded warrants [2],[4] 72      
Initial recognition of operating lease right-of-use assets 2,099      
Initial recognition of operating lease liabilities (2,249)      
Repayment of long term loan by issuance of units and pre-funded units 3,000 [1] [1] [1]
Supplemental disclosures of cash flow information:          
Cash and cash equivalents 20,410 5,230 9,546 14,567 23,678
Restricted cash included in other long term assets 737 839 801 856 820
Total Cash, cash equivalents, and restricted cash $ 21,147 $ 6,069 10,347 15,423 24,498
Supplemental disclosures of cash flow information:          
Cash paid for income taxes     25 21 45
Cash paid for interest     $ 1,501 $ 2,300 $ 1,301
[1] See note 6.
[2] See Note 7f to the condensed consolidated financial statements
[3] See note 8b.
[4] See Note 7d to the condensed consolidated financial statements