v3.23.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net loss $ (16,978) $ (9,895) $ (3,730)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 248 127 63
Share-based compensation 1,865 316 229
Exchange rate changes in cash and cash equivalents and deposit 359 5 (452)
Changes in assets and liabilities:      
Decrease (increase) in trade accounts receivable 378 (362) (77)
Increase in inventory (902) (891) (386)
Decrease (increase) in prepaid expenses and other receivables 1,050 (2,030) 121
Decrease in prepaid expenses and other long- term assets 17
Decrease (increase) in right of use assets 245 (607) (81)
Increase (decrease) in trade accounts payable (167) 236 217
Increase (decrease) in lease liabilities (312) 577 92
Increase (decrease) in other current liabilities 540 60 (135)
Increase (decrease) in other long-term liabilities (618) (141) 432
Net cash used in operating activities (14,292) (12,605) (3,690)
Cash flows from investing activities:      
Realization of (Investment in) deposits 4,621 (4,432)
Investment of restricted deposits (296) (15)
Purchase of property and equipment (891) (533) (223)
Net cash provided by (used in) investing activities (891) 3,792 (4,670)
Cash flows from financing activities:      
Issuance of ordinary shares, net of issuance costs 13,569 14,586 5,847
Issuance of restricted ordinary shares 6
Issuance of ordinary shares and pre- funded warrants, net of issuance costs 15,966
Exercise of pre- funded warrants 1
Exercise of options to ordinary shares 1 337 11
Net cash provided by financing activities 13,577 30,889 5,858
Increase (decrease) in cash and cash equivalents (1,606) 22,076 (2,502)
Cash and cash equivalents beginning of the year 25,621 3,502 5,789
Effect of foreign exchange rate on cash and cash equivalents (356) 43 215
Cash and cash equivalents end of the year $ 23,659 $ 25,621 $ 3,502

Source

HTML PDF
ZIP