XML 18 R6.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Feb. 12, 2020
Jul. 25, 2019
Cash flows from operating activities        
Net loss for the period $ (443) $ (1,117)    
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:        
Gain from sale of a subsidiary (8)    
Depreciation 5 1    
Changes in operating assets and liabilities:        
Decrease (Increase) in trade receivables and prepaid expenses (40) 5    
Decrease (Increase) in other accounts receivable 100 (21)    
Increase (decrease) in trade payables (55) 36    
Increase in payable to parent company (See Note 6) 443 822    
Increase (decrease) in other accounts payables and accrued liabilities (55) 139    
Net cash used in operating activities (53) (135)    
Cash flows from investing activities        
Cash received from the sale of a subsidiary 13    
Purchase of property and equipment (2)    
Proceeds from sale of property and equipment 1    
Net cash used in investing activities 13 (1)    
Cash flows from financing activities        
Cash acquired in connection with the reverse recapitalization 174    
Issuance of shares 49    
Short term loan received 50    
Net cash provided by financing activities 99 174    
Increase (decrease) in cash and cash equivalents and restricted cash 59 38    
Cash and cash equivalents and restricted cash at the beginning of the period 89 51    
Cash and cash equivalents and restricted cash at the end of the period $ 148 $ 89    
Assets acquired (liabilities assumed):        
Current assets excluding cash and cash equivalents     $ 6 $ 20
Current liabilities     (1) (95)
Gain from sale of a subsidiary     8
Cash received from the sale of a subsidiary     13
Reverse recapitalization effect on equity     (99)
Cash acquired in connection with Recapitalization Transaction     $ 174