XML 17 R7.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income (loss) $ (316) $ 421
Adjustments to reconcile loss to net cash used in operating activities:    
Depreciation and amortization 10 6
Share based compensation expenses to employees and non-employees 74 (24)
Financial expenses related to convertible loans and warrants 45 (1,625)
Change in fair value of convertible component in convertible loans (141) 1,034
Changes in assets and liabilities:    
Decrease in other accounts receivable 10 (121)
Decrease in trade payables (13) 17
Increase (decrease) in other accounts payables (86) 32
Net cash used in operating activities (417) (260)
Cash flows from investing activities:    
Purchase of property and equipment (26) (177)
Net cash used in investing activities (26) (177)
Cash flows from financing activities:    
Repayment of loans (114)
Lease payments (5) (8)
Repayment of convertible loans (121) (75)
Proceeds from issuance of shares to minority interests in subsidiary 1,273
Net cash provided (used) by financing activities 1,033 (83)
Increase (decrease) in cash and cash equivalents and restricted cash 590 (520)
Cash and cash equivalents and restricted cash at the beginning of the year 810 886
Cash and cash equivalents at the end of the period 1,400 366
Supplemental disclosures of cash flow information:    
Cash paid for interest $ 121 $ 75