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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
OPERATING ACTIVITIES        
Net loss for the period $ (3,508) $ (164) $ (4,815) $ (440)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation 6 2 12 6
Interest and amortization of discount on convertible notes 66 237
Revaluation of convertible notes 15 37
Financing loss on debt extinguishment 2,364 2,364
Share-based compensation expense 154 154
Changes in fair value of derivative warrant liability (187) (275)
Changes in assets and liabilities:        
Increase (decrease) in other receivables (165) 3 (268) 10
Increase in other payables and accrued liabilities (161) 91 396 41
Net cash used in operating activities (1,431) (53) (2,198) (346)
INVESTMENT ACTIVITIES        
Increase in restricted cash (27) (27)
Purchase of property and equipment (6) (28)
Net cash used in investing activities (33) (55)
FINANCING ACTIVITIES        
Outflow (inflow) in connection with current assets and liabilities acquired in reverse recapitalization, net 126 (82)
Issuance of convertible notes 750 750
Issuance of common stock, net of issuance costs 9,414 12,704
Net cash provided by financing activities 9,540 750 12,622 750
Increase in cash and cash equivalents 8,076 697 10,369 404
Cash and cash equivalents at the beginning of the period 5,002 144 2,709 437
Cash and cash equivalents at the end of the period 13,078 841 13,078 841
Non-cash financing transactions:        
Cashless exercise of warrants
Conversion of convertible notes into preferred A shares $ 2,083 $ 2,083