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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net profit (loss) for the period $ 1,089 $ (8,389)
Adjustments for:    
Effect of exchange rate differences on cash and cash equivalents and restricted deposits balances 68 26
Change in fair value of derivative financial instruments 3,300 (24)
Impairment of goodwill and intangible assets 8,806
Depreciation and amortization 474 617
Interest income related to short-term bank deposits (267)
Interest portion of lease payments 68 7
Interest and other finance expense )income( related to long-term loan 161 (250)
Interest expense related to short-term bank loans 83
Share-based payments 956 599
Total adjustments 4,760 9,864
Changes in asset and liability items:    
Trade receivables (477) (489)
Other receivables (127) 268
Trade payables 201 (1,226)
Other payables 653 (50)
Deferred taxes (117) (238)
Contract liabilities 302 119
Changes in operating asset and liability, total 435 (1,616)
Net cash provided by (used in) operating activities 6,284 (141)
Cash flows from investing activities    
Withdrawn of short-term restricted deposits 60
Withdrawn of long-term deposits 2
Interest related to short-term bank deposits 267
Investment in long-term deposits (48)
Investment in long-term restricted deposits (21)
Repayment of long-term restricted deposits 33
Purchase of property and equipment (60) (24)
Net cash provided by investing activities 209
Cash flows from financing activities    
Long-term loans received 888
Long-term loans interest payments (110) (230)
Long-term loans principal payments (89) (329)
Short-term bank loans received 4,800
Repayment of short-term bank loans (4,800)
Short-term bank loans interest payments (88)
Principal portion of lease payments (133) (107)
Interest portion of lease payments (68) (7)
Proceeds from exercise of options and warrants 4,763 20
Proceeds from at-the-market offering 688
Issuance costs in connection with offerings (34) (151)
Net cash provided by financing activities 4,329 684
Changes in cash and cash equivalents 10,822 543
Cash and cash equivalents at beginning of the period 10,872 3,290
Effect of exchange rate changes on cash and cash equivalents (68) (20)
Cash and cash equivalents at end of the period 21,626 3,813
Supplemental disclosure of non-cash investing and financing activities:    
Receivables due to exercise of options 435
Addition of right-of-use assets $ 541