XML 24 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss for the period $ (4,883) $ (1,544)
Adjustments required to reflect the cash flows from operating activities:    
Effect of exchange rate differences on cash and cash equivalents balances (45) (240)
Change in financial liabilities at fair value through profit or loss (329) (2,372)
Change in financial assets at fair value through profit or loss (46)
Impairment of goodwill 800
Exchange rate differences related to restricted deposits 1
Depreciation and amortization 757 685
Interest expenses related to convertible debentures 86
Share-based payments 567 41
Total adjustments 904 (999)
Changes in operating asset and liability items:    
Decrease in trade receivables 30 133
Decrease in other receivables 346 87
Increase (decrease) in trade payables 6 (135)
Increase (decrease) in other payables 328 (409)
Decrease in deferred tax liabilities (120) (122)
Decrease in contract liabilities (41) (172)
Changes in operating asset and liability, total 549 (618)
Net cash used in operating activities (3,430) (3,161)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Short-term investments (6,136)
Right of use assets (9)
Restricted deposits 28
Purchase of intangible assets (203)
Purchase of property and equipment (48) (14)
Net cash provided by (used in) investing activities (6,396) 14
CASH FLOWS FROM FINANCING ACTIVITIES:    
Israeli Innovation Authority, net (8)
Payment of contingent consideration (915) (1,600)
Lease payments (interest and principal) (132) (114)
Repayment of convertible debentures (680)
Payment of loans (4)
Proceeds from public and direct offerings, net of issuance expenses 9,223 7,952
Proceeds from exercise of warrants and pre-funded warrants 3,710 2,791
Net cash provided by financing activities 11,886 8,337
INCREASE IN CASH AND CASH EQUIVALENTS 2,060 5,190
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 11,017 4,341
EFFECT OF EXCHANGE RATE DIFFERENCES IN RESPECT OF CASH AND CASH EQUIVALENTS 45 240
CASH AND CASH EQUIVALENTS AT END OF PERIOD 13,122 9,771
SUPPLEMENTARY DATA ON ACTIVITIES NOT INVOLVING CASH FLOWS:    
Conversion of convertible debenture into ordinary shares and warrants 4,778
Inception of lease transaction $ 198