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Condensed Interim Statements of Cash flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net loss for the period $ (7,442) $ (4,000)
Adjustments for operating activities:    
Depreciation 23 18
Change in other receivables and prepaid expenses (2,145) (32)
Change in trade payables 321 2
Change in accrued expenses (1,261) 131
Change in employees and related expenses 13 97
Share-based compensation 1,011 97
Adjustments for operating activities (2,038) 313
Net cash used in operating activities (9,480) (3,687)
Cash flows from investing activities    
Investment in bank deposits (26,500) (22)
Sale of asset held for sale 1,000
Purchase of property and equipment (105) (37)
Net cash used in investing activities (25,605) (59)
Cash flows from financing activities    
Exercise of options 687
Cash acquired in reverse recapitalization 2,427
Proceeds from receivables on account of shares 500
Issuance of shares net, of issuance costs 15,181
Issuance of shares and warrants, net of issuance costs 43,547 3,000
Net cash provided by financing activities 61,155 4,187
Change in cash, cash equivalents and restricted cash 26,070 441
Cash, cash equivalents and restricted cash at beginning of period 11,727 12,285
Cash, cash equivalents and restricted cash at end of period $ 37,797 $ 12,726