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Condensed Consolidated Interim Statements of Cash flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities    
Net loss for the period $ (11,294) $ (4,474)
Adjustments for operating activities:    
Depreciation 27 14
Change in other receivables and prepaid expenses (1,483) (2,529)
Change in operating lease liability (15) 0
Change in trade payables 97 312
Change in accrued expenses 1,157 (993)
Change in employees and related expenses 464 200
Share-based compensation 1,635 570
Adjustments for operating activities 1,882 (2,426)
Net cash used in operating activities (9,412) (6,900)
Cash flows from investing activities    
Increase in deposits 0 (21,500)
Decrease in deposits 4,134 0
Sale of asset held for sale 0 1,000
Purchase of property and equipment (25) (105)
Net cash provided by (used in) investing activities 4,109 (20,605)
Cash flows from financing activities    
Cash acquired in reverse recapitalization 0 2,427
Exercise of options 22 0
Issuance of shares, net of issuance costs 0 15,243
Issuance of shares and warrants, net of issuance costs 0 43,557
Net cash provided by financing activities 22 61,227
Change in cash, cash equivalents and restricted cash (5,281) 33,722
Cash, cash equivalents and restricted cash at beginning of period 15,241 11,727
Cash, cash equivalents and restricted cash at end of period 9,960 45,449
Supplemental disclosure of non-cash investing and financing activities:    
Liabilities assumed, net of non-cash assets received in reverse merger 0 49
Receivable related to exercise of options 7 0
Accrued share issuance expenses $ 0 $ 135