XML 16 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Interim Statements of Cash flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net loss for the period $ (19,374) $ (7,442)
Adjustments for operating activities:    
Depreciation 44 23
Change in other receivables and prepaid expenses (600) (2,145)
Change in operating lease liability (15) 0
Change in trade payables (89) 321
Change in accrued expenses 2,022 (1,261)
Change in employees and related expenses 874 13
Share-based compensation 2,471 1,011
Adjustments for operating activities 4,707 (2,038)
Net cash used in operating activities (14,667) (9,480)
Cash flows from investing activities    
Increase in deposits 0 (26,500)
Decrease in deposits 10,250 0
Sale of asset held for sale 0 1,000
Purchase of property and equipment (67) (105)
Net cash provided by (used in) investing activities 10,183 (25,605)
Cash flows from financing activities    
Cash acquired in reverse recapitalization 0 2,427
Exercise of options 61 0
Issuance of shares, net of issuance costs 0 15,181
Issuance of shares and warrants, net of issuance costs 0 43,547
Net cash provided by financing activities 61 61,155
Change in cash, cash equivalents and restricted cash (4,423) 26,070
Cash, cash equivalents and restricted cash at beginning of period 15,241 11,727
Cash, cash equivalents and restricted cash at end of period 10,818 37,797
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 $ 63