INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands |
3 Months Ended |
9 Months Ended |
Sep. 30, 2018 |
Sep. 30, 2017 |
Sep. 30, 2018 |
Sep. 30, 2017 |
| Cash flows from operating activities: |
|
|
|
|
| Net loss |
$ (3,176)
|
$ (2,403)
|
$ (8,565)
|
$ (5,228)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
|
|
| Depreciation |
33
|
23
|
89
|
57
|
| Expenses related to shares and options granted to service providers |
0
|
18
|
0
|
18
|
| Stock-based compensation related to options granted to employees and directors |
235
|
215
|
598
|
398
|
| Decrease in accounts receivable and prepaid expenses |
670
|
561
|
965
|
50
|
| Increase (decrease) in trade payables |
(1,580)
|
48
|
1,178
|
(70)
|
| Increase (decrease) in deferred grant income |
(1,755)
|
5,250
|
(2,495)
|
5,250
|
| Increase (decrease) in other accounts payable and accrued expenses |
(1,021)
|
131
|
(435)
|
96
|
| Total net cash provided by (used in) operating activities |
(6,594)
|
3,843
|
(8,665)
|
571
|
| Cash flows from investing activities: |
|
|
|
|
| Purchase of property and equipment |
(1)
|
(86)
|
(261)
|
(118)
|
| Net change in short-term deposit |
4,983
|
(7,150)
|
(4,921)
|
1,360
|
| Investment in lease deposit |
1
|
(2)
|
(4)
|
(1)
|
| Total net cash provided by (used in) investing activities |
4,983
|
(7,238)
|
(5,186)
|
1,241
|
| Cash flows from financing activities: |
|
|
|
|
| Proceeds from exercise of options |
0
|
75
|
25
|
105
|
| Exercise and reissuance of warrants |
46
|
0
|
12,040
|
0
|
| Total net cash provided by financing activities |
46
|
75
|
12,065
|
105
|
| Increase (decrease) in cash and cash equivalents |
(1,565)
|
(3,320)
|
(1,786)
|
1,917
|
| Cash and cash equivalents at the beginning of the period |
2,262
|
5,784
|
2,483
|
547
|
| Cash and cash equivalents at end of the period |
$ 697
|
$ 2,464
|
$ 697
|
$ 2,464
|