| Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | |||||||||||
NET LOSS FOR THE YEAR | |||||||||||
-95,178 | -71,436 | -63,755 | -63,390 | -74,163 | -77,446 | -79,549 | -77,308 | -65,715 | 0 | 0 | 0 |
Adjustments required to reconcile net loss to net cash used in operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
350 | 332 | 316 | 309 | 319 | 311 | 296 | 263 | 221 | 0 | 0 | 0 |
Loss from sale and disposal of fixed assets | |||||||||||
- | - | - | - | -44 | -45 | -66 | -68 | -134 | 0 | 0 | 0 |
Changes in marketable securities and bank deposits, net | |||||||||||
357 | 233 | 290 | 23 | -201 | -182 | -98 | 39 | -97 | 0 | 0 | 0 |
Changes in accrued liability for employee severance benefits, net of retirement fund profit | |||||||||||
57 | 39 | 31 | -5 | -70 | -49 | -56 | -69 | 57 | 0 | 0 | 0 |
Share-based compensation | |||||||||||
4,895 | 4,782 | 4,703 | 4,516 | 5,320 | 5,627 | 5,633 | 5,154 | 4,166 | 0 | 0 | 0 |
Non-cash finance expenses (income), net | |||||||||||
-140 | -108 | -22 | -65 | -43 | -1 | -39 | -1 | 47 | 0 | 0 | 0 |
Changes in operating asset and liabilities: | |||||||||||
Decrease (increase) in trade and other receivables | |||||||||||
-373 | -1,534 | 340 | 1,095 | 308 | 986 | 176 | -2,794 | -1,915 | 0 | 0 | 0 |
Decrease (increase) in other non-current assets | |||||||||||
- | - | - | 0 | - | - | - | - | - | - | - | - |
Increase in accounts payable and accruals | |||||||||||
18,053 | 3,216 | -1,938 | -2,206 | 238 | 914 | 3,741 | 3,827 | 5,003 | 0 | 0 | 0 |
Net cash used in operating activities | |||||||||||
-73,394 | -62,046 | -61,503 | -62,113 | -68,664 | -70,399 | -68,916 | -64,317 | -53,177 | 0 | 0 | 0 |
CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||||
Purchase of fixed assets | |||||||||||
1,058 | 1,020 | 693 | 583 | 567 | 767 | 1,072 | 1,360 | 1,518 | 0 | 0 | 0 |
Investment in bank deposits | |||||||||||
- | - | 0 | 38,500 | - | - | 36,500 | 12,293 | 17,000 | 0 | 0 | 0 |
Investment in marketable securities | |||||||||||
- | - | - | - | 38,652 | 5,660 | 20,938 | 20,938 | 22,839 | 0 | 0 | 0 |
Proceeds from sale and maturity of marketable securities and bank deposits | |||||||||||
87,851 | 84,872 | 79,317 | 52,689 | 66,454 | 88,020 | 76,308 | 85,448 | 79,079 | 0 | 0 | 0 |
Net cash provided by (used in) investing activities | |||||||||||
41,869 | -13,265 | 13,446 | -24,024 | -11,755 | 45,110 | 17,831 | 50,890 | 37,755 | 0 | 0 | 0 |
CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||||
Proceeds from exercise of options and issuance of shares under the employee shares purchase plan | |||||||||||
365 | 0 | 0 | 0 | - | - | - | - | 161 | 0 | 0 | 0 |
Payments in respect of bank borrowings | |||||||||||
- | - | - | - | - | - | - | - | 21 | 0 | 0 | 0 |
Net cash provided by financing activities | |||||||||||
47,950 | 0 | 0 | 0 | - | - | - | - | 140 | 0 | 0 | 0 |
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | |||||||||||
16,425 | -47,345 | 27,354 | 6,253 | 11,955 | 0 | 0 | 0 | - | - | - | - |
EFFECT OF EXCHANGE RATE ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH | |||||||||||
41 | 2 | 29 | -29 | -43 | 0 | 0 | 0 | - | - | - | - |
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
EFFECT OF EXCHANGE RATE ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
SUPPLEMENTARY INFORMATION ON INVESTING AND FINANCING ACTIVITIES NOT INVOLVING CASH FLOWS: | |||||||||||
Cashless exercise of warrants and restricted share units | |||||||||||
11 | 11 | 11 | 12 | 11 | 0 | 0 | 0 | - | - | - | - |
Property and equipment purchases included in accounts payable and accruals | |||||||||||
- | - | - | - | - | - | - | 0 | - | - | 0 | 0 |
Additions to operating lease right of use assets and liabilities | |||||||||||
1,175 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | |||||||||||
Interest received | |||||||||||
1,359 | 1,514 | 1,334 | 1,096 | 1,173 | 1,066 | 986 | 1,415 | 1,209 | 0 | 0 | 0 |
Interest paid | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 |