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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net loss $ (33,762) $ (27,271) $ (8,882)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 979 776 86
Share-based compensation 6,748 812 596
Decrease (increase) in prepaid expenses and other receivables (341) 157 283
(Decrease) increase in long term prepaid expenses 1,637 (1,889) (123)
Change in the fair value of Warrants 3,788 13,257 203
Non-cash financial (income) expenses, net (1,325) 29 (153)
Increase in trade payables 220 239 114
Increase (decrease) in other payables and accrued expenses (1,206) 2,078 625
Change in operating lease liabilities (1,152)
Change in operating lease right-of-use assets 535
Net cash used in operating activities (23,879) (11,812) (7,251)
Cash flows from investing activities:      
Investment in short-term deposits (121,137) (8,082) (70,200)
Redemption of short-term deposits 32,105 30,282 66,150
Purchase of property and equipment (904) (2,927) (3,767)
Net cash provided by (used in) investing activities (89,936) 19,273 (7,817)
Cash flows from financing activities:      
Proceeds from SPAC merger and PIPE financing, net of transaction cost 93,543    
Proceeds from issuance of series B Preferred shares, net   28,726
Proceeds from exercise of Warrants 3,335 571
Proceeds from exercise of options 27 111 20
Net cash provided by financing activities 96,905 111 29,317
Effect of exchange rate changes on cash, cash equivalents and restricted cash (258) 108 84
Increase (decrease) in cash and cash equivalents and restricted cash (17,168) 7,680 14,333
Cash, cash equivalents and restricted cash at the beginning of the year 23,854 16,174 1,841
Cash, cash equivalents and restricted cash at the end of the year 6,686 23,854 16,174
Supplemental disclosures of cash flow information:      
Income tax payments 8 1 2
Interest received $ 237 $ 351 $ 541