XML 18 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES    
Net loss for the period $ (1,307) $ (276)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 6 4
Interest and revaluation of convertible notes, net 169 22
Changes in fair value of derivative warrant liability (88)
Changes in assets and liabilities:    
Increase (decrease) in other receivables (104) 7
Increase in other payables and accrued liabilities 557 (50)
Net cash used in operating activities (767) (293)
INVESTMENT ACTIVITIES    
Purchase of property and equipment (22)
Net cash used in investing activities (22)
FINANCING ACTIVITIES    
Outflow in connection with current assets and liabilities acquired in reverse recapitalization, net (208)
Issuance of common stock, net of issuance costs 3,290
Net cash provided by financing activities 3,082
Cashless exercise of warrants issued upon conversion of notes
Increase (decrease) in cash and cash equivalents 2,293 (293)
Cash and cash equivalents at the beginning of the year 2,709 437
Cash and cash equivalents at the end of the year $ 5,002 $ 144