| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Loss for the period | ||||||
13,008 | 12,125 | 4,202 | ||||
Adjustments: | ||||||
Depreciation | ||||||
4 | 2 | 1 | ||||
Finance expenses (income), net | ||||||
947 | 4,942 | 133 | ||||
Share-based payments | ||||||
2,308 | 400 | 59 | ||||
Expenses (income) in regards with settlement with a minority shareholder of a subsidiary (see Note 4) | ||||||
1,000 | 0 | 0 | ||||
Expenses in regard to a strategic cooperation agreement | ||||||
0 | 250 | 417 | ||||
Total adjustments | ||||||
-8,749 | -6,531 | -3,592 | ||||
Changes in assets and liabilities: | ||||||
Changes in receivables | ||||||
-273 | 0 | 197 | ||||
Changes in accounts payables | ||||||
-491 | -138 | -152 | ||||
Changes in other payables | ||||||
745 | 357 | 54 | ||||
Changes in post - employment benefit liabilities | ||||||
141 | 50 | 185 | ||||
Changes in assets and liabilities, total | ||||||
122 | 269 | 284 | ||||
Net cash used in operating activities | ||||||
-8,627 | -6,262 | -3,308 | ||||
Cash flows from investing activities: | ||||||
Acquisition of subsidiary, net of cash acquired | ||||||
-1,732 | 0 | 0 | ||||
Decrease (increase) in short term deposits | ||||||
4,411 | -7,899 | 0 | ||||
Acquisition of fixed assets | ||||||
13 | 10 | 9 | ||||
Net cash used in investing activities | ||||||
2,772 | -7,771 | -9 | ||||
Cash flows from financing activities: | ||||||
Proceeds from warrants exercised | ||||||
0 | 325 | 2 | ||||
Repayment of short term bank credit | ||||||
-16 | 0 | 0 | ||||
Proceeds from issuance of shares and ADSs | ||||||
2,419 | 6,287 | 14,942 | ||||
Share and ADS issuance expenses paid | ||||||
245 | 1,065 | 2,059 | ||||
Proceeds from issuance of warrants | ||||||
1,107 | 5,713 | 190 | ||||
Warrants issuance expenses paid | ||||||
114 | 968 | 10 | ||||
Repayment of loans from related parties | ||||||
130 | 0 | 294 | ||||
Interest paid | ||||||
26 | 6 | 145 | ||||
Interest received | ||||||
106 | 138 | 0 | ||||
Net cash provided by (used in) financing activities | ||||||
2,995 | 10,286 | 12,632 | ||||
Net increase (decrease) in cash and cash equivalents | ||||||
-2,860 | -3,747 | 9,315 | ||||
Effect of translation adjustments on cash and cash equivalents | ||||||
49 | -53 | -70 | ||||