INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands |
3 Months Ended |
6 Months Ended |
Jun. 30, 2018 |
Jun. 30, 2017 |
Jun. 30, 2018 |
Jun. 30, 2017 |
| Cash flows from operating activities: |
|
|
|
|
| Net loss |
$ (3,091)
|
$ (1,040)
|
$ (5,389)
|
$ (2,825)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
|
|
| Depreciation |
31
|
18
|
56
|
34
|
| Stock-based compensation related to options granted to employees and directors |
136
|
57
|
363
|
183
|
| Decrease (Increase) in accounts receivable and prepaid expenses |
411
|
(587)
|
295
|
(511)
|
| Increase (decrease) in trade payables |
921
|
(135)
|
2,758
|
(118)
|
| Increase (decrease) in deferred grant income |
683
|
0
|
(740)
|
0
|
| Increase (decrease) in other accounts payable and accrued expenses |
964
|
57
|
586
|
(35)
|
| Total net cash provided by (used in) operating activities |
55
|
(1,630)
|
(2,071)
|
(3,272)
|
| Cash flows from investing activities: |
|
|
|
|
| Purchase of property and equipment |
(215)
|
(32)
|
(260)
|
(32)
|
| Changes in short-term deposit |
(12,818)
|
6,810
|
(9,904)
|
8,510
|
| Investment in lease deposit |
0
|
2
|
(5)
|
1
|
| Total net cash provided by (used in) investing activities |
(13,033)
|
6,780
|
(10,169)
|
8,479
|
| Cash flows from financing activities: |
|
|
|
|
| Proceeds from exercise of options |
0
|
30
|
25
|
30
|
| Exercise and reissuance of warrants |
11,994
|
|
11,994
|
|
| Total net cash provided by financing activities |
11,994
|
30
|
12,019
|
30
|
| Increase (decrease) in cash and cash equivalents |
(984)
|
5,180
|
(221)
|
5,237
|
| Cash and cash equivalents at the beginning of the period |
3,246
|
604
|
2,483
|
547
|
| Cash and cash equivalents at end of the period |
$ 2,262
|
$ 5,784
|
$ 2,262
|
$ 5,784
|