XML 80 R71.htm IDEA: XBRL DOCUMENT v3.22.2.2
SHAREHOLDERS' DEFICIENCY (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
SHAREHOLDERS' EQUITY (DEFICIENCY)    
Schedule of composition of ordinary share capital

    

December 31, 2021

    

June 30, 2022 (unaudited)

    

    

Issued and

    

    

Issued and

Authorized

outstanding

Authorized

outstanding

Number of shares

Ordinary shares of no-par value

72,423,360

 

40,528,913

362,116,800

 

68,575,397

(*)Prior period results have been retroactively adjusted to reflect the 1: 0.905292 stock split effected on March 7, 2022.

December 31, 2020

December 31, 2021

    

Authorized

    

Issued and 
outstanding

    

Authorized

    

Issued and 
outstanding

Number of shares

Ordinary shares of no-par value (*)

72,423,360

40,433,578

72,423,360

40,528,913

(*)

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.

Summary of the status of options and changes

    

Six months ended June 30, 2022 (unaudited)

    

    

    

    

Weighted

Weighted

average

average

Aggregate

remaining

Number

exercise

intrinsic

contractual life

Employees

of options

price

value

(years)

Outstanding at beginning of period

5,325,572

$

4.97

$

17,854,046

 

7.42

Granted

1,720,015

$

9.03

 

  

 

  

Exercised

 

 

  

 

  

Forfeited

(116,909)

$

8.57

 

  

 

  

Outstanding at end of period

6,928,678

$

5.91

$

25,399,916

 

7.67

Exercisable options

3,818,054

$

3.61

$

20,872,631

 

6.38

    

Six months ended June 30, 2022 (unaudited)

    

    

    

    

Weighted

Weighted

average

average

Aggregate

remaining

Number

exercise

intrinsic

contractual life

Service Providers

of options

price

value

(years)

Outstanding at beginning of period

721,197

$

4.34

$

2,695,213

 

6.61

Granted

80,541

$

9.61

 

  

 

  

Exercised

 

 

  

 

  

Forfeited

 

 

  

 

  

Outstanding at end of period

801,738

$

4.93

$

3,590,197

 

6.46

Exercisable options

611,449

$

3.33

$

3,499,300

 

5.57

Year ended December 31, 2021

Weighted

Weighted

average 

average

Aggregate 

remaining

Number

exercise

intrinsic

contractual

Employees

    

of options

    

price

    

value

    

life (years)

Outstanding at beginning of year

4,062,408

$

3.40

$

944,820

7.78

Granted

 

1,321,211

 

$

9.81

 

  

 

  

Exercised

 

(4,809)

 

$

4.42

 

  

 

  

Forfeited and cancelled

 

(53,238)

 

$

5.16

 

  

 

  

Outstanding at end of year

 

5,325,572

 

$

4.97

 

$

17,854,046

 

7.42

Exercisable options

 

3,233,657

 

$

3.23

 

$

14,184,527

 

6.56

NOTE 10:-SHAREHOLDERS’ DEFICIENCY (continued)

Year ended December 31, 2021

Weighted

Weighted

average

average

Aggregate 

remaining

Number

exercise

intrinsic

contractual 

Service Providers

    

of options

    

price

    

value

    

life (years)

Outstanding at beginning of year

662,006

$

2.79

$

313,200

6.91

Granted

 

140,667

 

$

9.79

 

  

 

  

Exercised

 

(81,476)

 

$

1.10

 

  

 

  

Forfeited and cancelled

 

 

  

 

  

 

  

Outstanding at end of year

 

721,197

 

$

4.34

 

$

2,695,213

 

6.61

Exercisable options

 

580,745

 

$

3.05

 

$

2,649,873

 

5.89

Summary of the status of RSUs and changes

A summary of the status of RSUs under the Plan as of June 30, 2022 and changes during the relevant period ended on that date is presented below:

    

Number of RSU

Outstanding at beginning of year

 

1,031,250

Granted

 

126,729

Forfeited and cancelled

 

(16,600)

Vested

 

(70,625)

Outstanding on June 30, 2022

 

1,070,754

A summary of the status of RSUs under the Plan as of December 31, 2021 and changes during the relevant period ended on that date is presented below:

    

Number of RSU

Outstanding at beginning of year

 

Granted

 

1,036,850

Forfeited and cancelled

 

(5,600)

Outstanding on December 31, 2021

 

1,031,250

Schedule equity-based compensation expense related

    

Six months ended

June 30,

    

2021

    

2022

Research and development

$

169

$

2,260

Marketing expenses

 

7

 

60

General and administrative

 

88

 

1,125

Total share-based compensation expense

$

264

$

3,445

Year ended 
December 31,

    

2019

    

2020

    

2021

Research and development

$

380

$

372

$

654

Marketing expenses

 

18

 

20

 

7

General and administrative

 

148

 

204

 

151

Total share-based compensation expense

$

546

$

596

$

812