| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | ||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net loss for the period | ||||||
-9,771 | -8,826 | -12,290 | -610 | -3,368 | ||
Adjustments required to reconcile net loss to net cash used in operating activities: | ||||||
Revaluation of fair value of warrants to purchase preferred share | ||||||
0 | 0 | -174 | -3,519 | -623 | ||
Depreciation and amortization | ||||||
157 | 130 | 92 | 78 | 77 | ||
Share-based compensation | ||||||
726 | 1,209 | 3,724 | 312 | 56 | ||
Financial income, net | ||||||
165 | 56 | 11 | -1 | - | ||
Changes in assets and liabilities items: | ||||||
Decrease (increase) in prepaid and other current assets and non-current assets | ||||||
164 | -438 | 563 | 1,545 | -514 | ||
Increase (decrease) in trade accounts payable, accruals and other current liabilities | ||||||
275 | -252 | 334 | 1,377 | 82 | ||
Increase in employees and payroll accruals | ||||||
-126 | -510 | 227 | 466 | 148 | ||
Increase in royalties provision | ||||||
-82 | -56 | 33 | -415 | 104 | ||
Net cash used in operating activities | ||||||
-9,150 | -7,923 | -8,628 | - | - | ||
Net cash used in operating activities | ||||||
- | - | - | -3,855 | -3,010 | ||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Purchase of property and equipment | ||||||
231 | 166 | 270 | 46 | 45 | ||
Restricted cash | ||||||
0 | -46 | 0 | 0 | 3 | ||
Proceeds from short-term investments | ||||||
0 | -4,811 | 4,800 | 0 | -3,450 | ||
Net cash (used in) investing activities | ||||||
-231 | 4,691 | -5,070 | - | - | ||
Net cash provided by (used in) investing activities | ||||||
- | - | - | -46 | 3,402 | ||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Receipt of short-term loan from bank | ||||||
0 | 0 | 1,000 | 0 | 0 | ||
Repayment of short-term loan from bank | ||||||
0 | 0 | 1,000 | 0 | 0 | ||
Issuance of ordinary shares upon exercise of options by employees | ||||||
0 | 0 | 16 | 0 | 0 | ||
Exercise of pre funded warrants into ordinary shares | ||||||
196 | 117 | 29 | 0 | 0 | ||
Issuance of ordinary shares in the June 2017 RD Offering, net of issuance expenses in an amount of $349 | ||||||
4,379 | 5,307 | 0 | 0 | - | ||
Issuance of ordinary shares in the Private Placement, net of issuance expenses | ||||||
0 | 0 | 11,021 | 0 | 0 | ||
Issuance of ordinary shares in the 2018 Public Offering, net of issuance expenses in an amount of $2,381 | ||||||
0 | 0 | 10,947 | 0 | 0 | ||
Net cash provided by financing activities | ||||||
4,575 | 5,424 | 22,013 | - | - | ||
Net cash provided by financing activities | ||||||
- | - | - | 0 | 0 | ||
Effect of exchange rate changes on cash and cash equivalents | ||||||
164 | 55 | 2 | 1 | - | ||
Net Increase (decrease) in cash and cash equivalents | ||||||
-4,642 | 2,247 | 8,317 | -3,900 | 392 | ||
Supplemental disclosure of non-cash flow information | ||||||
Reclassification of liability warrants to equity warrants | ||||||
0 | 0 | 233 | 0 | 0 | ||
Cashless exercise of warrants to purchase ordinary shares into ordinary shares | ||||||
8 | 23 | 45 | 0 | 0 | ||
Conversion of preferred shares into ordinary shares | ||||||
0 | 0 | 226 | 0 | 0 | ||
Purchase of property and equipment | ||||||
15 | 8 | 0 | - | - | ||
Issuance expenses | ||||||
30 | 47 | 0 | 0 | - | ||
Supplemental disclosure of cash flow information | ||||||
Cash paid for income taxes | ||||||
3 | 8 | 0 | 0 | - | ||
Cash paid for interest | ||||||
0 | 0 | 11 | - | - | ||
Cash paid for interest | ||||||
- | - | - | 0 | 0 | ||