Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 25,621 $ 3,502
Deposit   4,669
Trade accounts receivable 456 94
Inventory 1,955 1,064
Prepaid expenses and other receivables 2,290 260
Total current assets 30,322 9,589
NON-CURRENT ASSETS    
Right of use assets 913 306
Property and equipment, net 713 307
Prepaid expenses and other long-term assets 333 37
Total non-current assets 1,959 650
TOTAL ASSETS 32,281 10,239
CURRENT LIABILITIES    
Trade accounts payable 881 645
Lease liabilities 224 214
Other current liabilities 2,915 2,855
Total current liabilities 4,020 3,714
NON-CURRENT LIABILITIES    
Long term lease liabilities 685 118
Other long-term liabilities 618 759
Total non-current liabilities 1,303 877
Commitments and contingencies
SHAREHOLDERS’ EQUITY    
Ordinary shares, No par value; Authorized 2,500,000,000 shares; Issued and outstanding: 35,780,335 shares and 20,218,220 shares as of December 31, 2021 and December 31, 2020, respectively
Treasury shares (41)
Pre-funded warrants to ordinary shares, Issued and outstanding: 1,034,000 Pre-funded warrants and zero Pre-funded warrants as of December 31, 2021 and December 31, 2020, respectively
Additional paid-in capital 85,389 54,225
Accumulated deficit (58,431) (48,536)
Total shareholders’ equity 26,958 5,648
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 32,281 $ 10,239