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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:          
Loss $ (4,926) $ (6,907) $ (10,654) $ (12,620)  
Adjustments required to reconcile loss to net cash used in operating activities:          
Depreciation     432 361  
Changes in accrued liability for employee rights upon retirement, net     46 125  
Share-based compensation     1,487 2,708  
Financial expenses (income), net     43 (27)  
Net changes in operating leases     (103)  
Changes in fair value of marketable securities     (79) (436) $ 29
Changes in operating asset and liabilities:          
Accounts receivable     (7,826)  
Prepaid expenses and other current assets     1,890 (556)  
Accounts payable and other     1,935 2,105  
Long-term receivables     49  
Net cash used in operating activities     (12,829) (8,291)  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Purchase of property and equipment     (282) (587)  
Investment in marketable securities     (2,551) (59,407) (71,783)
Proceeds from sale of marketable securities     23,773 15,092
Short-term deposits     1,000 3,000  
Long-term deposits     (5) 5  
Net cash provided by (used in) investing activities     21,935 (56,989)  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Proceed from exercise of options granted to an employee     44  
Proceeds from issuance of shares throught an initial public offering, net of issuance costs     78,775 78,775
Net cash provided by financing activities     78,819  
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS     (43) 27  
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS     9,063 13,566  
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF THE PERIOD     5,675 5,024 5,024
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF THE PERIODs 14,738 18,590 14,738 18,590 5,675
Cash and Cash equivalents 14,388 18,240 14,388 18,240 $ 5,325
Restricted cash 350 350 350 350  
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH SHOWN IN STATEMENT OF CASH FLOWS $ 14,738 $ 18,590 14,738 18,590  
SUPPLEMENTARY INFORMATION ON INVESTING AND FINANCING ACTIVITIES NOT INVOLVING CASH FLOWS -          
Purchase of property and equipment     62  
Conversion of loans received from the controlling shareholder     $ 65,338