XML 15 R6.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED INTERIM CASH FLOW STATEMENTS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS USED IN OPERATING ACTIVITIES:    
Net loss for the period $ (6,108) $ (4,361)
Adjustments required to reflect net cash used in operating activities (see appendix A) (74) 304
Net cash used in operating activities (6,182) (4,057)
CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES:    
Short-term bank deposits 4,000
Purchase of property and equipment (29) (37)
Net cash provided by (used in) investing activities (29) 3,963
CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES:    
Proceeds from Issuance of ordinary shares and warrants, net of issuance costs 797
Proceeds from exercise of options 68 26
Principle element of lease payments (72) (52)
Net cash provided by (used in) financing activities 793 (26)
NET DECREASE IN CASH AND CASH EQUIVALENTS (5,418) (120)
CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD 15,185 7,506
CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 9,767 7,386
Adjustments required to reflect net cash used in operating activities:    
Depreciation 101 122
Change in fair value of financial liabilities at fair value through profit or loss (318) (794)
Financial expenses 19 58
Net changes in severance pay obligation 5 3
Share-based compensation 777 687
Total adjustments 584 76
Changes in working capital:    
Decrease in accounts receivables 278 725
Increase in other current assets (504) (266)
Increase (decrease) in accounts payable and accruals:    
Trade (285) 21
Other (34) (151)
Decrease in contract liabilities (94) (74)
Changes in working capital (639) 255
Cash used for operating activities -    
Interest paid (19) (27)
Cash used for operating activities (74) $ 304
Supplementary information on investing and financing activities not involving cash flows:    
Right of use assets obtained in exchange for new operating lease liabilities $ 23