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CONSOLIDATED UNAUDITED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss for the period $ (5,486) $ (4,732)
Depreciation and amortization 73 63
Share-based compensation 347 794
Financial income, net (158) (64)
Changes in assets and liabilities items:    
Decrease in prepaid and other current assets and non-current assets (182) (219)
Increase (decrease) in trade accounts payable, accruals and other current liabilities 107 (93)
Increase (decrease) in employees and payroll accruals 223 (535)
Increase (decrease) in royalties provision 49 (13)
Net cash used in operating activities (5,027) (4,799)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (81) (79)
Decrease in restricted deposit 46
Proceeds from short-term investments 3,811
Net cash provided by (used in) investing activities (81) 3,778
CASH FLOWS FROM FINANCING ACTIVITIES    
Exercise of warrants into ordinary shares 82 5
Issuance of ordinary shares in RD, net of issuance expenses in an amount of $349 2,380
Net cash provided by financing activities 2,462 5
Effect of exchange rate changes on cash and cash equivalents 159 61
Net decrease in cash and cash equivalents (2,487) (955)
Cash and cash equivalents at the beginning of the period 11,639 9,392
Cash and cash equivalents at the end of the period 9,152 8,437
Supplemental disclosure of non-cash flow information    
Cashless exercise of warrants to purchase ordinary shares into ordinary shares 7 19
Purchase of property and equipment 105
Issuance expenses 98
Supplemental disclosure of cash flow information    
Cash paid for income taxes 6
Cash paid for interest