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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, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:          
Loss $ (7,070) $ (4,926) $ (14,180) $ (10,654)  
Adjustments required to reconcile loss to net cash used in operating activities:          
Depreciation     470 432  
Changes in accrued liability for employee rights upon retirement, net     17 46  
Share-based compensation     779 1,487  
Financial expenses (income), net     (14) 43  
Net changes in operating leases     (30) (103)  
Changes in fair value of marketable securities     76 (79) $ 65
Changes in operating asset and liabilities:          
Accounts receivable     2,949 (7,826)  
Prepaid expenses and other current assets     (201) 1,890  
Accounts payable and other     553 1,935  
Long-term receivables      
Net cash used in operating activities     (9,581) (12,829)  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Purchase of property and equipment     (358) (282)  
Investment in marketable securities     (19,640) (2,551) (38,702)
Proceeds from sale of marketable securities     19,852 23,773 54,333
Short-term deposits     (19,900) 1,000  
Long-term deposits     (12) (5)  
Net cash provided by (used in) investing activities     (20,058) 21,935  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Proceed from exercise of options     151  
Proceeds from issuance of shares, net of issuance costs     26,306  
Net cash provided by financing activities     26,457  
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS     14 (43)  
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS     (3,168) 9,063  
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF THE PERIOD     9,762 5,675 5,675
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF THE PERIODs 6,594 14,738 6,594 14,738 9,762
Cash and Cash equivalents 5,444 14,388 5,444 14,388 $ 9,412
Restricted cash 1,150 350 1,150 350  
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH SHOWN IN STATEMENT OF CASH FLOWS $ 6,594 $ 14,738 6,594 14,738  
SUPPLEMENTARY INFORMATION:          
Interest received     $ 628