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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net loss $ (2,503) $ (1,489) $ (4,238) $ (2,912)
Adjustments required to reconcile loss to net cash used in operating activities:        
Depreciation 3 7 7 15
Share-based compensation expenses 37 32 58 64
Non-cash financial expenses 229 83 310 219
Changes in operating assets and liabilities:        
Increase in prepaid expenses (205) (63) (717) (192)
Decrease (increase) in other current assets (5) 2 (1) (42)
Increase (decrease) in trade payable (30) 37 (237) (38)
Net change in operating lease 2 2 1 4
Increase (decrease) in employee related obligations 4 (3) (14) 44
Increase (decrease) in accrued expenses and other account payable (39) 327 (129) 21
Net cash used in operating activities (2,507) (1,065) (4,960) (2,817)
CASH FLOWS FROM INVESTING ACTIVITIES-        
Purchase of property and equipment (1) 0 (7) (6)
Net cash used in investing activities (1) 0 (7) (6)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Exercise of options 0 [1] 0 [1] 0 [1]
Proceeds from issuance of ordinary shares upon public offering 0 0 5,000 0
Issuance costs related to public offering (95) 0 (745) 0
Proceeds from exercise of warrants 0 0 864 0
Proceeds from issuance of ordinary shares upon warrants inducement 0 0 3,276 0
Issuance costs related to warrants inducement (100) 0 (462) 0
Payment of Underwriters Promissory Note 0 0 (696)
Net cash provided by (used in) financing activities (195) [1] 0 [1] 7,237 [1]
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (2,703) (1,065) 2,270 (2,823)
EXCHANGE RATE DIFFERENCES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH 14 (19) 4 (75)
BALANCE OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD 6,233 2,831 1,270 4,645
BALANCE OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 3,544 1,747 3,544 1,747
Appendix A – RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH REPORTED IN THE CONSOLIDATED BALANCE SHEETS:        
Cash and cash equivalents 3,466 1,697 3,466 1,697
Restricted cash 78 50 78 50
TOTAL CASH, CASH EQUIVALENTS AND RESTRICTED CASH SHOWN IN STATEMENT OF CASH FLOWS 3,544 1,747 3,544 1,747
Appendix B - SUPPLEMENTARY INFORMATION:        
Conversion of Promissory Note to ordinary shares 0 0 356 0
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:        
Interest paid 0 0 13 0
Interest received $ 44 $ 6 $ 46 $ 25
[1] Represents an amount less than $1