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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net loss $ (20,425) $ (26,706)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 813 477
Depreciation and impairment of property and equipment 446 386
Accrued severance pay, net 6 8
Re-evaluation of fair value of warrants to purchase Ordinary Shares 7,093 15,496
Decrease (increase) in other accounts receivable and prepaid expenses 169 (52)
Issuance costs related to warrants to purchase Ordinary Shares   441
Decrease in deferred revenue   (635)
Increase (decrease) in trade payables 355 (742)
Increase (decrease) in other accounts payable and accrued expenses 1,322 (608)
Net cash used in operating activities (10,221) (11,935)
Cash flows from investing activities:    
Purchase of property and equipment (1,219) (887)
Decrease (increase) in long-term deposit (3) 56
Net cash used in investing activities (1,222) (831)
Cash flows from financing activities:    
Proceeds from warrants exercised   4,866
Proceeds from options exercised 119 119
Proceeds from issuance of Ordinary Shares and warrants, net of issuance costs   28,110
Net cash provided by financing activities 119 33,095
Net increase (decrease) in cash and cash equivalents (11,324) 20,329
Cash and cash equivalents at the beginning of the period 32,453 23,215
Cash and cash equivalents at the end of the period 21,129 43,544
Supplemental disclosure of non-cash investing and financing activities:    
Purchase of property and equipment 54 33
Exercise of warrants into Ordinary Shares   5,177
Cash paid during the period:    
Cash paid for taxes $ 35 $ 220