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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
OPERATING ACTIVITIES        
Net loss for the period $ (1,187) $ (652) $ (6,002) $ (1,964)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation 3 3 15 8
Interest and amortization of discount on convertible notes 27 237 260
Financing loss on debt extinguishment 2,364
Share-based compensation expense 22 176 675
Changes in fair value of derivative warrant liability 1 (274)
Changes in assets and liabilities:        
Increase (decrease) in other receivables 72 (12) 29 (2)
Increase (decrease) in other payables and accrued liabilities (260) 213 (92) 256
Net cash used in operating activities (1,349) (421) (3,547) (767)
INVESTMENT ACTIVITIES        
Increase in restricted cash (27)
Purchase of property and equipment (28)
Net cash used in investing activities (55)
FINANCING ACTIVITIES        
Inflow in connection with current assets and liabilities acquired in reverse recapitalization, net (82)
Issuance of convertible notes 750
Exercise of warrants 154 154
Issuance of common stock, net of issuance costs 12,704
Net cash provided by financing activities 154 12,622 904
Increase (decrease) in cash and cash equivalents (1,349) (267) 9,020 137
Cash and cash equivalents at the beginning of the period 13,078 841 2,709 437
Cash and cash equivalents at the end of the period 11,729 574 11,729 574
Non-cash financing transactions:        
Cashless exercise of warrants [1]
Conversion of preferred A shares 27 60
Extinguishment of convertible notes in exchange for preferred A shares $ 2,083
[1] Less than 1