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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:        
Profit (loss) for the period $ (3,758) $ 4,466 $ (5,243) $ (22,436)
Adjustments to reconcile profit (loss) to net cash used in operating activities 146 (5,930) (2,959) 18,642
Total net cash provided by (used in) operating activities (3,612) (1,464) (8,202) (3,794)
Cash flows from investing activities:        
Changes in short-term deposit 3,053 (7,323) 4,060 (10,952)
Investment in affiliate company (1,990) (4,479)
Proceeds from sales of fixed assets 1 1
Purchase of fixed assets (282) (69) (712) (149)
Total net cash provided by (used in) investing activities 782 (7,392) (1,130) (11,101)
Cash flows from financing activities:        
Issuance of ordinary shares and warrants, net of issuance expenses 5,403 11,208 10,745
Exercise of warrants and options, net of issuance expenses 5,050 159 10,646
Total net cash provided by financing activities 5,403 5,050 11,367 21,391
Effect of exchange rate changes on cash and cash equivalents 116 (294) (499) 322
Increase (decrease) in cash and cash equivalents 2,689 (4,100) 1,536 6,818
Cash and cash equivalents at the beginning of the period 8,483 14,282 9,636 3,364
Cash and cash equivalents at end of the period 11,172 10,182 11,172 10,182
Adjustments to reconcile net loss to net cash used in operating activities:        
Share-based payment 440 424 1,620 2,063
Depreciation 80 15 170 30
Loss from sale of fixed assets 3 3
Revaluation of derivative warrant liability (441) (6,976) (1,993) 16,074
Equity in loss of an affiliated company 1,035 343 2,112 726
Revaluation of securities 20 3 (2) (3)
Revaluation of other investments (5,328)
Exchange rate changes on cash and cash equivalents (116) 294 499 (322)
Changes in assets and liabilities:        
Decrease (increase) in other receivables (186) (89) (44) (266)
Increase (decrease) in trade payables (83) 156 (107) 155
Increase (decrease) in other accounts payable (606) (100) 111 185
Adjustments to reconcile profit (loss) to net cash used in operating activities $ 146 $ (5,930) $ (2,959) $ 18,642