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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net loss $ (23,437) $ (18,422)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 599 382
Depreciation 481 277
Impairment of property and equipment   154
Accrued severance pay, net 6 (2)
Amortization of discount on loan 4 8
Allocation of issuance costs related to warrants to purchase Ordinary Shares 784  
Revaluation of fair value of warrants to purchase Convertible Preferred Shares   (40)
Revaluation of fair value of warrants to purchase Ordinary Shares 1,507  
Decrease (increase) in other accounts receivable and prepaid expenses 107 (195)
Increase (decrease) in deferred revenue (745) 2,561
Increase in trade payables 1,258 655
Increase (decrease) in other accounts payable and accrued expenses 650 (632)
Net cash used in operating activities (18,786) (15,254)
Cash flows from investing activities:    
Proceeds from maturity of investment in restricted cash 308 527
Purchase of property and equipment (1,158) (1,326)
Investment in other assets (62) (21)
Net cash used in investing activities (912) (820)
Cash flows from financing activities:    
Proceeds from issuance of Convertible Preferred Shares and warrants, net of issuance costs   11,406
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
Proceeds from issuance of Ordinary Shares and warrants, net of issuance costs 19,585  
Repayment of loan (234) (422)
Proceeds from exercise of options into Ordinary Shares   145
Net cash provided by financing activities 19,351 48,596
Net increase (decrease) in cash and cash equivalents (347) 32,522
Cash and cash equivalents at the beginning of the period 31,851 6,167
Cash and cash equivalents at the end of the period 31,504 38,689
Supplemental disclosure of non-cash investing and financing activities:    
Purchase of property and equipment 286 109
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   1,463
Conversion of Warrants to purchase Convertible Preferred Shares into Warrants to purchase Ordinary Shares   87
Cash paid during the period:    
Cash paid for interest 3 25
Cash paid for taxes $ 341 $ 278