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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Income (loss) for the year $ (1,782) $ (1,348) $ 435
Adjustments to reconcile net income (loss) to net cash used in operating activities (a) 1,075 447 (1,484)
Net cash used in operating activities (707) (901) (1,049)
Cash flows from investing activities:      
Interest from bank deposit 41 36 8
Net cash provided by investing activities 41 36 8
Cash flows from financing activities:      
Exercise of warrants 385
Net cash provided by financing activities 385
Decrease in cash and cash equivalents (666) (865) (656)
Losses from exchange rate differences on cash and cash equivalents (27) (10) (6)
Cash and cash equivalents at beginning of year 2,094 2,969 3,631
Cash and cash equivalents at end of year 1,401 2,094 2,969
Income and expenses not involving operating cash flows:      
Depreciation 1 1
Revaluation of marketable securities 1,022 1,531 (747)
Revaluation of warrants (1,054) (719)
Share-based payment expense 3 14 37
Losses from exchange rate differences on cash and cash equivalents 27 10 6
Interest income (41) (36) (8)
Net income and expenses not involving operating cash flows 1,011 466 (1,430)
Changes in operating asset and liability items:      
Decrease (increase) in prepaid expenses and other current assets 45 25 (31)
Increase (decrease) in accounts payable 19 (44) (23)
Net operating asset and liability 64 (19) (54)
Net cash provided by (used in) operating activities 1,075 447 (1,484)
(b) Non-cash activities:      
Exercise of warrants $ 864