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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:        
Net loss for the period $ (3,163) $ (3,331) $ (7,525) $ (7,380)
Adjustments to reconcile loss to net cash used in operating activities (808) 803 1,761 1,603
Total net cash used in operating activities (3,971) (2,528) (5,764) (5,777)
Cash flows from investing activities:        
Changes in short-term deposits (3,343) (2,892) (23,296) (1,896)
Proceed from sales of marketable securities 68 68
Purchase of fixed assets (42) (3) (61) (9)
Total net cash used in investing activities (3,385) (2,827) (23,357) (1,837)
Cash flows from financing activities:        
Issuance of ordinary shares, net of issuance expenses 13,082 13,508 13,082
Proceeds from exercise of warrants 595
Proceeds from exercise of options 57
Total net cash provided by financing activities 13,082 14,160 13,082
Effect of exchange rate changes on cash and cash equivalents (126) 1 72 17
Increase (decrease) in cash, cash equivalents and restricted cash (7,482) 7,728 (14,889) 5,485
Cash, cash equivalents and restricted cash at the beginning of the period 31,365 2,584 38,772 4,827
Cash, cash equivalents and restricted cash at end of the period 23,883 10,312 23,883 10,312
Adjustments to reconcile net loss to net cash used in operating activities:        
Share-based payment 502 195 1,663 350
Depreciation 36 65 80 131
Equity in loss of an affiliated company 598 1,344
Revaluation of marketable securities 4 (16) 31 (59)
Exchange rate changes on cash and cash equivalents 126 (1) (72) (17)
Changes in assets and liabilities:        
Decrease (increase) in other receivables (52) 41 (123) 302
Increase (decrease) in trade payables 53 (71) (171) (404)
Change in operating lease liability 43 31 (122) (17)
Increase (decrease) in other accounts payable (1,520) (39) 475 (27)
Adjustments to reconcile loss to net cash used in operating activities (808) 803 1,761 1,603
Non-cash activities        
Accrued issuance expenses 153 153
Operating leases        
Cash payments for operating leases 111 110 219 221
New operating lease assets obtained in exchange for operating lease liabilities $ 33 $ 972 $ 64