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Statements of Cash flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities    
Net loss for the year $ (12,478) $ (5,951)
Adjustments for operating activities:    
Depreciation 34 24
Share-based compensation 2,019 130
Change in other receivables and prepaid expenses (2,058) (99)
Change in trade payables 1,175 68
Change in accrued expenses (1,279) 392
Change in employees and related expenses 215 194
Change in leases (2)
Net cash used in operating activities (12,374) (5,242)
Cash flows from investing activities    
Investment in deposits (45,951) (24)
Long-term lease deposit 4
Sale of asset held for sale 1,000
Purchase of property and equipment (239) (38)
Net cash used in investing activities (45,186) (62)
Cash flows from financing activities    
Cash acquired in Merger 2,427
Exercise of options 10
Exercise of warrants 1,250
Issuance of shares and warrants, net of issuance costs 58,637 3,500
Net cash provided by financing activities 61,074 4,750
Change in cash, cash equivalents and restricted cash 3,514 (554)
Cash, cash equivalents and restricted cash at beginning of the year 11,727 12,281
Cash, cash equivalents and restricted cash at end of the year 15,241 11,727
Significant non- cash transaction:    
Right-of-use asset recognized with corresponding lease liability 345 233
Liabilities assumed, net of non-cash assets received in Merger $ 49