Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Consolidated Statements of Cash Flows

v3.20.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net loss $ (12,625) $ (6,571) $ (4,842)
Adjustments required to reconcile net loss to net cash used in operating activities:      
Depreciation of property, plant and equipment and amortization 14 14 19
Decrease in operating lease right of use asset 28
Change in other receivables 201
Share-based payment 385 535 192
Changes in fair value of warrants liability exercisable into shares (1,965)
Changes in fair value of short-term investment 209 644 5
Gain from sale of investment in previously consolidated subsidiary (769)
Issuance costs 302
Decrease in operating lease liability (33)
Exchange differences on balances of cash and cash equivalents (2) 89 83
Increase in accounts receivable, prepaid expenses 270 (853) (2,907)
Increase in trade payable 1,085 644 293
Increase (decrease) in deferred revenues 146 1,218 (289)
Increase (decrease) in other accounts payable (512) 125 906
Net cash used in operating activities (10,834) (4,155) (8,972)
Cash flows from investing activities:      
Purchase of property, plant and equipment (3) (33) (7)
Increase in other receivables (250)
Proceeds from sale of investments in previously consolidated subsidiary (22)
Net cash used in investing activities (253) (33) (29)
Cash flows from financing activities:      
Issuance of share capital and warrants, net of issuance expenses 10,167 4,387 4,474
Net cash provided by financing activities 10,167 4,387 4,474
Exchange differences on balances of cash and cash equivalents 2 (89) (83)
Increase (decrease) in cash and cash equivalents (918) 110 (4,610)
Cash and cash equivalents at the beginning of the year 3,615 3,505 8,115
Cash and cash equivalents at the end of the year 2,697 3,615 3,505
Supplemental disclosure of cash flow information:      
Cash paid during the year for income taxes 4 29
Cash paid during the year for interest $ 29 $ 18 $ 23