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

Consolidated Statements of Cash Flows

v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net loss $ (6,433) $ (8,393) $ (6,509)
Adjustments to reconcile loss to net cash used:      
Depreciation of property, plant and equipment 19 18 16
Share-based payment 192 309 109
Decrease in severance pay, net   (152) 5
Changes in fair value of warrants liability exercisable into shares (72) (232) 80
Changes in fair value of long-term investment 5    
Gain from sale of investment in previously consolidated subsidiaries (a) (769)    
Exchange differences on balances of cash and cash equivalents 83 82 13
Adjustments for reconcile profit loss (542) 25 223
Working capital adjustments:      
Decrease (increase) in accounts receivable, prepaid expenses and lease deposit (2,907) 1,397 332
Increase (decrease) in trade payable (293) 816 187
Increase (decrease) in deferred revenues (289) 335 1,130
Increase (decrease) in other accounts payable 906 (100) (178)
Adjustments for working capital (1,997) (346) 1,471
Net cash used in operating activities (8,972) (8,714) (4,815)
Cash flows from investing activities:      
Purchase of property, plant and equipment (7) (10) (42)
Proceeds from sale of investments in previously consolidated subsidiaries (a) (22)
Net cash used in investing activities (29) (10) (42)
Cash flows from financing activities:      
Issuance of share capital and warrants, net of issuance expenses 4,474 12,511
Net cash provided by financing activities 4,474 12,511
Exchange differences on balances of cash and cash equivalents (83) (82) (13)
Increase (decrease) in cash and cash equivalents (4,610) (8,806) 7,641
Cash and cash equivalents at the beginning of the year 8,115 16,921 9,280
Cash and cash equivalents at the end of the year 3,505 8,115 16,921
Supplemental disclosure of cash flow information:      
Cash paid during the year for income taxes 29 29 5
Cash received during the year for interest $ 69 $ 89 $ 22