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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 8,008 $ 7,801
Restricted cash 363 713
Short-term bank deposits 88,917 109,248
Other accounts receivable and prepaid expenses 4,696 5,460
Total current assets 101,984 123,222
NON-CURRENT ASSETS:    
Long-term prepaid expenses 1,906 1,911
Severance pay fund 2,866 3,125
Operating lease right to use asset 1,952 2,247
Property and equipment, net 1,604 1,658
Total non-current assets 8,328 8,941
Total assets 110,312 132,163
CURRENT LIABILITIES:    
Trade payables 2,154 4,621
Short-term deferred participation in R&D expenses 2,906 3,629
Current maturity of operating lease liability 615 768
Other accounts payable and accrued expenses 8,320 8,078
Total current liabilities 13,995 17,096
NON- CURRENT LIABILITIES:    
Long-term deferred participation in R&D expenses 1,051 2,715
Long term operating lease liability 1,491 1,982
Accrued severance pay 3,394 3,677
Total non-current liabilities 5,936 8,374
COMMITMENTS AND CONTINGENT LIABILITIES (NOTE 4)
SHAREHOLDERS' EQUITY:    
Ordinary shares of NIS 0.01 par value: 200,000,000 shares authorized on June 30, 2022, and December 31, 2021; 86,624,643 and 86,433,432 shares issued and outstanding on June 30, 2022, and December 31, 2021, respectively 240 239
Additional paid-in capital 531,074 528,533
Accumulated deficit (440,933) (422,079)
Total shareholders' equity 90,381 106,693
Total liabilities and shareholders' equity $ 110,312 $ 132,163