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Condensed Interim Statements of Cash flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net loss for the period $ (5,104) $ (1,704)
Adjustments for operating activities:    
Depreciation 13 7
Change in other receivables and prepaid expenses (363) 57
Change in operating lease liability 12 0
Change in trade payables 151 281
Change in accrued expenses 693 (62)
Change in employees and related expenses 13 85
Share-based compensation 874 43
Adjustments for operating activities 1,393 411
Net cash used in operating activities (3,711) (1,293)
Cash flows from investing activities    
Investment in deposits 2,396 1
Purchase of property and equipment (14) (3)
Net cash provided by (used in) investing activities 2,382 (2)
Cash flows from financing activities    
Cash acquired in reverse recapitalization 0 2,427
Issuance of shares and warrants, net of issuance costs 0 45,372
Net cash provided by financing activities 0 47,799
Change in cash, cash equivalents and restricted cash (1,329) 46,504
Cash, cash equivalents and restricted cash at beginning of period 15,241 11,727
Cash, cash equivalents and restricted cash at end of period 13,912 58,231
Supplemental disclosure of non-cash investing and financing activities:    
Liabilities assumed, net of non-cash assets received in reverse merger 0 49
Accrued share issuance expenses $ 0 $ 1,825