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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:    
Net loss $ (24,971) $ (19,040)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 583 233
Depreciation 339 204
Impairment of property and equipment 380 0
Accrued severance pay, net 3 13
Amortization of discount on loan 11 12
Revaluation of fair value of warrants to purchase Convertible Preferred Shares (40) 2,927
Decrease (increase) in other accounts receivable and prepaid expenses (138) 291
Increase in deferred revenues 2,131  
Increase (decrease) in trade payables (467) 1,190
Increase in other accounts payable and accrued expenses 590 799
Net cash used in operating activities (21,579) (13,371)
Cash flows from investing activities:    
Proceeds from maturity of investment in restricted cash 703 703
Purchase of property and equipment (1,880) (948)
Investment in lease deposit (15)  
Net cash used in investing activities (1,192) (245)
Cash flows from financing activities:    
Proceeds from issuance of Preferred shares and warrants, net of issuance costs 11,406 19,206
Deferred IPO costs   (933)
Proceeds from issuance of Ordinary Shares, net of issuance costs upon IPO 36,159  
Proceeds from issuance of Ordinary Shares, net of underwriters' fees 1,308  
Repayment of loan (563) (563)
Proceeds from exercise of options into Ordinary Shares 145 1
Net cash provided by financing activities 48,455 17,711
Net increase in cash and cash equivalents 25,684 4,095
Cash and cash equivalents at the beginning of the year 6,167 2,072
Cash and cash equivalents at the end of the year 31,851 6,167
Supplemental disclosure of non-cash investing and financing activities:    
Purchase of property and equipment 48  
Conversion of Convertible Preferred Shares into Ordinary Shares 47,075  
Conversion of Warrants to purchase Convertible Preferred Shares into Ordinary Shares 5,945  
Non-cash deferred IPO costs 933 529
Conversion of warrants to purchase Convertible Preferred Shares into warrants to purchase Ordinary Shares 87  
Cash paid during the year:    
Interest 30 $ 60
Taxes on income $ 325