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Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net loss $ (16,880) $ (27,743)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 512 475
Share-based compensation 3,784 3,445
Non-cash financial expenses (income), net 509 (97)
Change in the fair value of Warrants Liabilities 2,164 11,105
Increase in prepaid expenses and other receivables (601) (2,443)
Decrease (increase) in long term prepaid expenses (50) 1,821
(Decrease) increase in trade payables 366 (6)
(Decrease) increase in other payables and accrued expenses 535 (1,885)
Change in operating lease liabilities (633)
Change in operating lease right-of-use assets 372
Net cash used in operating activities (9,922) (15,328)
Cash flows from investing activities:    
Investment in short-term deposits (98,431) (100,000)
Redemption of short-term deposits 103,995 8,000
Purchase of property and equipment (590) (675)
Net cash (used in) provided by investing activities 4,974 (92,675)
Cash flows from financing activities:    
Proceeds from exercise of warrants 3,257
Proceeds from exercise of options 2
Proceeds from SPAC merger and PIPE financing, net of transaction cost 93,543
Net cash provided by financing activities 2 96,800
Effect of exchange rate changes on cash, cash equivalents and restricted cash (51) (288)
Decrease in cash, cash equivalents and restricted cash (4,997) (11,491)
Cash, cash equivalents and restricted cash at beginning of period 6,686 23,854
Cash, cash equivalents and restricted cash at end of period 1,689 12,363
Supplemental disclosures of cash flow information:    
Income tax payments 13 2
Interest received $ 2,394 $ 50