XML 41 R6.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Cash flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities      
Net loss for the year $ (13,945) $ (24,221) $ (27,646)
Adjustments for operating activities:      
Depreciation 53 67 58
Share-based compensation 617 1,491 3,211
Change in other receivables and prepaid expenses (487) 903 (64)
Change in trade payables 150 (1,172) 352
Change in accrued expenses (1,860) 45 2,823
Change in employees and related expenses 51 (737) 907
Change in operating leases 35 13 (11)
Net cash used in operating activities (15,386) (23,611) (20,370)
Cash flows from investing activities      
Investment in deposits 2,297 15,882 19,601
Purchase of property and equipment 0 (3) (68)
Net cash provided by investing activities 2,297 15,879 19,533
Cash flows from financing activities      
Exercise of options 0 0 143
Purchase of treasury share 0 0 (1,218)
Sale of treasury share 0 580 0
Issuance of shares net of issuance costs 9,868 2,924 267
Net cash provided by (used in) financing activities 9,868 3,504 (808)
Change in cash, cash equivalents and restricted cash (3,221) (4,228) (1,645)
Cash, cash equivalents and restricted cash at beginning of the year 9,368 13,596 15,241
Cash, cash equivalents and restricted cash at end of the year 6,147 9,368 13,596
A. Cash paid and received during the year for:      
Income taxes received 0 187 351
Interest received 814 1,463 972
B. Significant non- cash transaction:      
Right-of-use asset recognized with corresponding lease liability $ 0 $ 392 $ 17