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CONSOLIDATED BALANCE SHEETS
$ in Thousands
Dec. 31, 2021
USD ($)
CURRENT ASSETS:  
Cash and cash equivalents $ 23,236
Restricted cash 618
Short-term deposits 8,080
Prepaid expenses and other receivables 707
Total current assets 32,641
LONG-TERM ASSETS:  
Long term prepaid expenses 2,028
Property and equipment, net 7,546
Total long-term assets 9,574
Total assets 42,215
CURRENT LIABILITIES:  
Trade payables 1,203
Other payables and accrued expenses 3,202
Total current liabilities 4,405
LONG-TERM LIABILITIES:  
Warrants liability 18,623
Warrants to Convertible Preferred shares 18,623
Total liabilities 23,028
Commitments and Contingencies
Convertible preferred shares of no-par value per share - Authorized: 25,348,176 shares as of December 31, 2021 and June 30, 2022; Issued and outstanding: 13,739,186 and 0 shares as of December 31, 2021 and June 30, 2022, respectively 53,964 [1]
SHAREHOLDERS' EQUITY (DEFICIENCY):  
Additional paid-in capital 18,063
Accumulated deficit (52,840)
Total shareholders' equity (deficiency) (34,777)
Total liabilities, Convertible Preferred shares and shareholders' equity (deficiency) $ 42,215
[1] Prior period results have been retroactively adjusted to reflect the 1: 0.905292 stock split effected on March 7, 2022. See also note 10, Shareholders’ Deficiency, for details.