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Condensed Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss for the period $ (8,308) $ (10,042)
Income and expense items not involving cash flows:    
Depreciation and amortization 770 456
Stock-based compensation 4,166 3,764
Exchange rate differences 140 525
Realized and unrealized gains on non-designated derivative instruments (204)
Interest on short-term deposits 517 275
Change in fair value of Forfeiture Shares (25)
Change in earnout liability 174
Reduction in the carrying amount of ROU assets 418 484
Equity in earnings of investee, net of dividend received (3) 5
Changes in operating assets and liabilities, net of effects of businesses acquired:    
Trade accounts receivable (1,800) 4,735
Prepaid expenses and other current assets 825 207
Inventories (762) 1,347
Other assets (115) 74
Trade accounts payable (1,864) (1,835)
Accrued compensation (1,620) (771)
Other current liabilities 288 (155)
Change in operating lease liabilities (230) (418)
Other long-term liabilities (3) (16)
Net cash used in operating activities (7,611) (1,390)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in short-term deposits (30,005) (37,840)
Maturities of short-term deposits 53,278 56,979
Purchase of property and equipment (357) (30)
Derivative instruments of non-designated hedges (265)
Net cash provided by investing activities 22,651 19,109
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchase of Ordinary Shares (9,585)
Exercise of stock options 188 126
Net cash provided by (used in) financing activities (9,397) 126
Effect of exchange rate changes on cash and cash equivalents (69) (5)
INCREASE IN CASH AND CASH EQUIVALENTS 5,574 17,839
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD 35,423 17,261
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD 40,997 35,100
SUPPLEMENT DISCLOSURE OF CASH FLOW INFORMATION -    
Cash paid for taxes 19 35
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Trade accounts payable on account on property and equipment 62 212
Operating lease liabilities arising from obtaining operating right-of-use assets $ 213 $ 31