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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:        
Net loss for the period $ (3,331) $ (3,823) $ (7,380) $ (7,138)
Adjustments to reconcile profit (loss) to net cash used in operating activities 803 630 1,603 1,432
Total net cash used in operating activities (2,528) (3,193) (5,777) (5,706)
Cash flows from investing activities:        
Changes in short-term deposits (2,892) (1,957) (1,896) 226
Proceed from other investments 21 21
Proceed from sales of marketable securities 68 68
Purchase of fixed assets (3) (8) (9) (39)
Total net cash provided by (used in) investing activities (2,827) (1,944) (1,837) 208
Cash flows from financing activities:        
Issuance of ordinary shares and warrants, net of issuance expenses 13,082 290 13,082 6,521
Total net cash provided by financing activities 13,082 290 13,082 6,521
Effect of exchange rate changes on cash and cash equivalents 1 (60) 17 (134)
Increase (decrease) in cash and cash equivalents 7,728 (4,907) 5,485 889
Cash and cash equivalents at the beginning of the period 2,584 8,954 4,827 3,158
Cash and cash equivalents at end of the period 10,312 4,047 10,312 4,047
Adjustments to reconcile net loss to net cash used in operating activities:        
Share-based payment 195 441 350 836
Depreciation 65 65 131 127
Revaluation of derivative warrant liability 42 43
Equity in loss (gain) of an affiliated company 598 (106) 1,344 (16)
Revaluation of marketable securities (16) (11) (59) (8)
Revaluation of other investments 324 324
Exchange rate changes on cash and cash equivalents (1) 60 (17) 134
Changes in assets and liabilities:        
Decrease (increase) in other receivables 41 (62) 302 (38)
Decrease in trade payables (71) (3) (404) (36)
Change in operating lease liability 31 25 (17) 75
Decrease in other accounts payable (39) (145) (27) (9)
Adjustments to reconcile loss to net cash used in operating activities 803 630 1,603 1,432
Non-cash activities        
Accrued Issuance expenses $ 153 $ 153