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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:        
Net loss for the period $ (10,116) $ (3,163) $ (12,140) $ (7,525)
Adjustments to reconcile loss to net cash used in operating activities 6,838 (808) 4,033 1,761
Total net cash used in operating activities (3,278) (3,971) (8,107) (5,764)
Cash flows from investing activities:        
Changes in short-term deposits 3,074 (3,343) 7,008 (23,296)
Investment in marketable securities (714) (1,001)
Purchase of fixed assets (70) (42) (249) (61)
Total net cash provided (used) in investing activities 2,290 (3,385) 5,758 (23,357)
Cash flows from financing activities:        
Issuance of ordinary shares, net of issuance expenses 13,508
Proceeds from exercise of warrants 595
Proceeds from exercise of options 57
Total net cash provided by financing activities 14,160
Effect of exchange rate changes on cash and cash equivalents (720) (126) (713) 72
decrease in cash, cash equivalents and restricted cash (1,708) (7,482) (3,062) (14,889)
Cash, cash equivalents and restricted cash at the beginning of the period 26,834 31,365 28,188 38,772
Cash, cash equivalents and restricted cash at the end of the period 25,126 23,883 25,126 23,883
Adjustments to reconcile net loss to net cash used in operating activities:        
Share-based payment 453 502 949 1,663
Depreciation 55 36 106 80
Revaluation of marketable securities 5,589 4 2,796 31
Exchange rate changes on cash and cash equivalents 720 126 713 (72)
Changes in assets and liabilities:        
Decrease (increase) in other receivables 355 (52) 88 (123)
Increase (decrease) in trade payables (30) 53 (2) (171)
Change in operating lease liability (233) 43 (292) (122)
Increase (decrease) in other accounts payable (71) (1,520) (325) 475
Adjustments to reconcile loss to net cash used in operating activities 6,838 (808) 4,033 1,761
Operating leases        
Cash payments for operating leases 118 111 229 219
Non-cash activity        
New operating lease assets obtained in exchange for operating lease liabilities $ 972