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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net loss $ (10,355) $ (18,559)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 379 245
Depreciation and impairment of fixed assets 258 186
Accrued severance pay, net 4 9
Increase in fair value of warrants to purchase Ordinary Shares 4,201 12,715
Decrease (increase) in other accounts receivable and prepaid expenses 7 (33)
Decrease in deferred revenue   (315)
Increase (decrease) in trade payables 54 (1,553)
Increase (decrease) in other accounts payable and accrued expenses 120 (672)
Net cash used in operating activities (5,332) (7,977)
Cash flows from investing activities:    
Purchase of property and equipment (482) (717)
Decrease in long-term deposit   58
Net cash used in investing activities (482) (659)
Net decrease in cash and cash equivalents (5,814) (8,636)
Cash and cash equivalents at the beginning of the period 32,453 23,215
Cash and cash equivalents at the end of the period 26,639 14,579
Supplemental disclosure of non-cash investing and financing activities:    
Purchase of property and equipment 267 31
Cash paid during the period:    
Cash paid for taxes $ 16 $ 166