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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:          
Loss for the period $ 1,976 $ (5,970) $ (4,368) $ (16,691)  
Adjustments required to reconcile loss to net cash used in operating activities:          
Depreciation     125 185  
Changes in accrued liability for employee rights upon retirement, net     (10) 9  
Share-based compensation expenses 275 498 626 1,052  
Financial expenses (income), net     (2) (1)  
Net changes in operating leases     (45) (36)  
Changes in fair value of marketable securities     (87) (66)  
Changes in operating asset and liabilities:          
Receivables from collaborative and licensing arrangements     0 5,653  
Accounts receivables     (5,682) 0  
Prepaid expenses and other current assets     1,065 (1,063)  
Accounts payable, accrued expenses and other     751 2,623  
Net cash used in operating activities     (7,627) (8,335)  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Purchase of property and equipment     0 (94)  
Proceeds from sale of property and equipment     4 0  
Investment in marketable securities     0 (17,114) $ (23,164)
Proceeds from sales and maturity of marketable securities     5,646 7,995 11,807
Short-term deposits     6,000 (1,000)  
Long-term deposits     821 12  
Net cash provided by (used in) investing activities     12,471 (10,201)  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Proceeds from exercise of options     0 180  
Proceeds from issuance of shares and warrants through placement from the controlling shareholder     0 10,000  
Proceeds from issuance of shares and warrants through public offering, net of issuance costs     0 11,542  
Net cash provided by financing activities     0 21,722  
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS     2 1  
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS     4,846 3,187  
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD     7,863 13,598 13,598
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 12,709 16,785 12,709 16,785 7,863
Cash and Cash equivalents 11,549 15,618 11,549 15,618 7,513
Restricted cash 1,160 1,167 1,160 1,167  
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH SHOWN IN STATEMENT OF CASH FLOWS $ 12,709 $ 16,785 12,709 16,785 $ 7,863
SUPPLEMENTARY DISCLOSURE OF NON-CASH ACTIVITIES:          
Recognition of new operating lease ROU and liabilities     0 190  
SUPPLEMENTARY INFORMATION:          
Interest received     $ 1,121 $ 590