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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net loss $ (27,271) $ (8,882) $ (8,464)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 776 86 66
Share-based compensation 812 596 546
(Increase) decrease in prepaid expenses and other receivables 157 283 (509)
Increase in long term prepaid expenses (1,889) (123) (16)
Change in the fair value of warrants to convertible preferred shares 13,257 203 994
Non-cash financial (income) expenses, net 29 (153) 12
Increase in trade payables 239 114 148
Increase in other payables and accrued expenses 2,078 625 313
Net cash used in operating activities (11,812) (7,251) (6,910)
Cash flows from investing activities:      
Investment in short-term deposits (8,082) (70,200) (54,270)
Redemption of short-term deposits 30,282 66,150 45,400
Purchase of property and equipment (2,927) (3,767) (1,293)
Net cash (used in) provided by investing activities 19,273 (7,817) (10,163)
Cash flows from financing activities:      
Proceeds from issuance of ordinary shares and warrants     5,250
Proceeds from issuance of series B Preferred shares, net   28,726  
Proceeds from exercise of warrants   571 1,019
Proceeds from exercise of options 111 20  
Acquisition of non-controlling interest     (946)
Net cash provided by financing activities 111 29,317 5,323
Effect of exchange rate changes on cash, cash equivalents and restricted cash 108 84 (18)
(Decrease) increase in cash and cash equivalents and restricted cash 7,680 14,333 (11,768)
Cash, cash equivalents and restricted cash at the beginning of the year 16,174 1,841 13,609
Cash, cash equivalents and restricted cash at the end of the year 23,854 16,174 $ 1,841
Non-cash transactions:      
Receivables from exercise of warrants to ordinary shares     541
Supplemental disclosures of cash flow information:      
Income tax payments 103 218  
Interest received $ 351 $ 541 $ 780