INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands |
3 Months Ended |
9 Months Ended |
Sep. 30, 2019 |
Sep. 30, 2018 |
Sep. 30, 2019 |
Sep. 30, 2018 |
| Cash flows from operating activities: |
|
|
|
|
| Net loss |
$ (5,634)
|
$ (3,176)
|
$ (15,561)
|
$ (8,565)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
|
|
| Depreciation |
37
|
33
|
114
|
89
|
| Shares and options granted to service providers |
0
|
0
|
25
|
0
|
| Stock-based compensation related to options granted to employees and directors |
217
|
235
|
582
|
598
|
| Change in lease liability |
49
|
0
|
187
|
0
|
| Decrease in accounts receivable and prepaid expenses |
290
|
670
|
938
|
965
|
| Increase (decrease) in accounts payables |
379
|
(1,580)
|
4,596
|
1,178
|
| Decrease in deferred grant income |
0
|
(1,755)
|
0
|
(2,495)
|
| Increase (decrease) in other accounts payable and accrued expenses |
1,036
|
(1,021)
|
1,150
|
(435)
|
| Total net cash used in operating activities |
(3,626)
|
(6,594)
|
(7,969)
|
(8,665)
|
| Cash flows from investing activities: |
|
|
|
|
| Purchase of property and equipment |
(102)
|
(1)
|
(127)
|
(261)
|
| Changes in short-term deposit |
1,541
|
4,983
|
6,088
|
(4,921)
|
| Investment in lease deposit |
0
|
1
|
0
|
(4)
|
| Total net cash provided by (used in) investing activities |
1,439
|
4,983
|
5,961
|
(5,186)
|
| Cash flows from financing activities: |
|
|
|
|
| Proceeds from exercise of options |
30
|
0
|
35
|
25
|
| Exercise and reissuance of warrants |
3,126
|
46
|
3,126
|
12,040
|
| Total net cash provided by financing activities |
3,156
|
46
|
3,161
|
12,065
|
| Increase (decrease) in cash and cash equivalents |
969
|
(1,565)
|
1,153
|
(1,786)
|
| Cash and cash equivalents at the beginning of the period |
1,126
|
2,262
|
942
|
2,483
|
| Cash and cash equivalents at end of the period |
$ 2,095
|
$ 697
|
$ 2,095
|
$ 697
|