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v3.24.1

Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Cash Flows from Operating Activities: |  |  |
Net loss | $ (6,716) | $ (19,599) | $ (13,551)
Adjustments to profit and loss items: |  |  |
Depreciation and amortization | 1,303 | 1,272 | 1,238
Share-based compensation | 1,940 | 1,946 | 1,673
Revaluation of warrants accounted at fair value | (8,310) | 8,977 | 0
Issuance expenses of warrants through profit and loss | 0 | 1,911 | 0
Revaluation of liabilities in respect of IIA grants | 427 | (132) | 919
Revaluation of liabilities in respect of TEVA | 468 | 533 | 590
Financing income and exchange differences of lease liability | 257 | (109) | 188
Increase in severance pay liability, net | 83 | 109 | 13
Other income | (211) | 0 | 0
Financial income, net | (2,231) | (74) | (11)
Un-realized foreign currency loss (gain) | 189 | 525 | (137)
Adjustments to profit and loss items, total | (6,085) | 14,958 | 4,473
Changes in asset and liability items: |  |  |
Decrease (increase) in trade receivables | 5,658 | (7,582) | 929
Decrease (increase) in inventories | (906) | (721) | 257
Decrease (increase) in other receivables | (894) | 364 | (763)
Increase (decrease) in trade payables and accrued expenses | (594) | 414 | 1,723
Increase (decrease) in other payables | (928) | 281 | (1,984)
Changes in asset and liability items, total | 2,336 | (7,244) | 162
Net cash used in operating activities | (10,465) | (11,885) | (8,916)
Cash Flows from Investing Activities: |  |  |
Purchase of property and equipment | (6,464) | (555) | (489)
Interest received | 1,947 | 74 | 35
Proceeds from (investment in) short term bank deposits, net | (29,804) | 0 | 4,002
Net cash (used in) provided by investing activities | (34,321) | (481) | 3,548
Cash Flows from Financing Activities: |  |  |
Repayment of leases liabilities | (778) | (701) | (693)
Proceeds from exercise of options | 0 |  | 3
Proceeds from exercise of pre-funded warrants | 0 | 10 | 0
Proceeds from issuance of shares and warrants, net | 24,909 | 38,380 | 0
Repayment of IIA grants, net | (380) | (258) | (360)
Repayment of liabilities in respect of TEVA | (834) | (1,667) | 0
Net cash provided by (used in) financing activities | 22,917 | 35,764 | (1,050)
Exchange rate differences on cash and cash equivalent balances | (160) | (549) | 88
Increase (decrease) in cash and cash equivalents | (22,029) | 22,849 | (6,330)
Balance of cash and cash equivalents at the beginning of the year | 33,895 | 11,046 | 17,376
Balance of cash and cash equivalents at the end of the year | 11,866 | 33,895 | 11,046
Supplement disclosure of non-cash transactions: |  |  |
ROU asset, net recognized with corresponding lease liability | 6,825 | 117 | 155
Purchase of property and equipment | $ (1,011) | $ 0 | $ 0

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- Definition The cash outflow for the purchases of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment] + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name IAS -Number 7 -IssueDate 2023-01-01 -Paragraph 16 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2023-en-r&anchor=para_16_a&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition The increase (decrease) in the revaluation surplus that relates to right-of-use assets. [Refer: Revaluation surplus; Right-of-use assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2023-01-01 -Paragraph 57 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2023-en-r&anchor=para_57&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition Represents the amount of adjustment for increase decrease in revaluation of liabilities in respect of grants. + References No definition available. + Details
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- Definition Adjustment for increase decrease in revaluation of warrants accounted at fair value. + References No definition available. + Details
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- Definition Changes in asset and liability items, total. + References No definition available. + Details
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- Definition Represents the amount of adjustment for financing income and exchange differences of lease liability. + References No definition available. + Details
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- Definition Adjustment for increase in other payables and deferred revenues. + References No definition available. + Details
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- Definition Represents the amount of adjustment for issuance expenses of warrants through profit and loss. + References No definition available. + Details
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- References No definition available. + Details
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- References No definition available. + Details
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- Definition Amount of proceeds from issuance of shares and warrants, net + References No definition available. + Details
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- Definition Represents the amount of purchase of property and equipment. + References No definition available. + Details
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- Definition Represent the amount of Repayment of liabilities in respect of TEVA. + References No definition available. + Details
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- Definition The cash outflow as repayment of IIA grants. + References No definition available. + Details
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