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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net loss: $ (5,448) $ (4,872)
Adjustments required to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation 700 742
Amortization of intangible assets 278 677
Equity-based compensation 3,571 3,859
Realized loss (gain) on sale of available-for-sale marketable securities (4) (92)
Amortization of premiums on available-for-sale marketable securities (191) (23)
Amortization of premiums on available-for-sale marketable securities 191 23
Unrealized foreign exchange loss (gain) 165 (285)
Remeasurement of marketable equity securities 60 117
Changes in operating assets and liabilities:    
Trade receivables (3,003) (3,802)
Prepaid expenses and other assets (3,194) (2,205)
Operating lease right-of-use assets 274 249
Accrued interest on bank deposits (106) (125)
Deferred tax, net 358 (880)
Trade payables 433 (412)
Deferred revenues (539) 838
Accrued expenses and other payables (973) 357
Accrued payroll and related benefits 510 702
Operating lease liability (235) (275)
Accrued severance pay, net (6) 308
Net cash used in operating activities (7,350) (5,076)
Cash flows from investing activities:    
Purchase of property and equipment 904 105
Proceeds from the sale of Intrinsix (see note 4) 540 0
Acquisition of business (753) 0
Investment in available-for-sale marketable securities (12,653) 0
Proceeds from maturity of available-for-sale marketable securities 14,080 1,750
Proceeds from maturity of available-for-sale marketable securities 4,789 4,895
Net cash provided by (used in) investing activities 5,099 6,540
Cash flows from financing activities:    
Purchase of treasury stock (1,278) 0
Proceeds from exercise of stock-based awards 1,554 1,673
Net cash provided by (used in) financing activities 276 1,673
Effect of exchange rate changes on cash and cash equivalents (90) 61
Increase (decrease) in cash and cash equivalents (2,065) 3,198
Cash and cash equivalents at the beginning of the period 23,287 21,285
Cash and cash equivalents at the end of the period 21,222 24,483
Supplemental information of cash-flow activities:    
Income and withholding taxes 873 1,860
Non-cash transactions:    
Property and equipment purchases incurred but unpaid at period end 200 234
Right-of-use assets obtained in the exchange for operating lease liabilities 303 506
Cash and cash equivalents 21,222 24,209
Cash and cash equivalents included in assets of discontinued operation 0 274
Total cash and cash equivalents in the Condensed Consolidated Statements of Cash Flows $ 21,222 $ 24,483