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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net loss $ (17,286) $ (23,437)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 720 599
Depreciation 588 481
Accrued severance pay, net 4 6
Increase in fair value of warrants to purchase Ordinary Shares 1,360 1,507
Increase (decrease) in other accounts receivable and prepaid expenses (539) 107
Allocation of issuance costs related to warrants to purchase Ordinary Shares 441 784
Decrease in deferred revenue (957) (745)
Decrease (increase) in trade payables (1,497) 1,258
Decrease (increase) in other accounts payable and accrued expenses (792) 654
Net cash used in operating activities (17,958) (18,786)
Cash flows from investing activities:    
Proceeds from maturity of investment in restricted cash   308
Purchase of property and equipment (992) (1,158)
Decrease (increase) in other assets 57 (62)
Net cash used in investing activities (935) (912)
Cash flows from financing activities:    
Repayment of loan   (234)
Proceeds from warrants exercised by shareholders 4,866  
Proceeds from options exercise by employees 119  
Proceeds from issuance of Ordinary Shares and warrants, net of issuance cost 28,110 19,585
Net cash provided by (used in) financing activities 33,095 19,351
Increase (decrease) in cash and cash equivalents 14,202 (347)
Cash and cash equivalents at the beginning of the period 23,215 31,851
Cash and cash equivalents at the end of the period 37,417 31,504
Supplemental disclosure of non-cash investing and financing activities:    
Purchase of property and equipment 642 286
Exercise of warrants into Ordinary Shares 5,177  
Cash paid during the period:    
Cash paid for interest   3
Cash paid for taxes $ 237 $ 341