| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Revenues | ||||||
3,381 | 6,540 | 11,129 | ||||
Cost of revenues | ||||||
2,845 | 5,639 | 8,255 | ||||
Gross profit | ||||||
536 | 901 | 2,874 | ||||
Operating expenses: | ||||||
Research and development, net | ||||||
16,987 | 16,405 | 14,449 | ||||
Business development | ||||||
1,686 | 1,696 | 1,964 | ||||
General and administrative | ||||||
3,810 | 3,889 | 4,382 | ||||
Total operating expenses | ||||||
22,483 | 21,990 | 20,795 | ||||
Operating loss | ||||||
-21,947 | -21,089 | -17,921 | ||||
Financing income | ||||||
2,125 | 2,424 | 2,571 | ||||
Financing expenses | ||||||
1,005 | 891 | 1,863 | ||||
Loss before taxes on income | ||||||
-20,827 | -19,556 | -17,213 | ||||
Taxes on income | ||||||
11 | 36 | 0 | ||||
Net loss | ||||||
-20,838 | -19,592 | -17,213 | ||||
Other comprehensive income (loss): | ||||||
Loss from cash flow hedges | ||||||
0 | 0 | -45 | ||||
Amounts transferred to the statement of profit or loss for cash flow hedges | ||||||
0 | 0 | 267 | ||||
Total comprehensive loss | ||||||
-20,838 | -19,592 | -16,991 | ||||
Basic and diluted net loss per share | ||||||
-0.81 | -0.77 | -0.68 | ||||