| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||
Cash flows used in operations (see Appendix) | ||||||
-4,659 | -9,255 | -6,969 | ||||
Interest received | ||||||
0 | 4 | 33 | ||||
Income tax paid | ||||||
22 | 14 | 45 | ||||
Net cash flow used in operating activities | ||||||
-4,681 | -9,265 | -6,981 | ||||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||
Investment in short-term deposits | ||||||
5,000 | 0 | 0 | ||||
Withdrawal of short-term deposits | ||||||
1,500 | 0 | 0 | ||||
Purchase of property and equipment | ||||||
2 | 32 | 84 | ||||
Purchase of intangible assets | ||||||
7 | 6 | 12 | ||||
Net cash flow generated from (used in) investing activities | ||||||
-3,509 | -38 | -96 | ||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||
Proceeds from issuance of shares and warrants, net of issuances costs | ||||||
7,908 | 1,902 | 6,758 | ||||
Proceeds from exercise of warrants | ||||||
11 | - | - | ||||
Net cash flow generated from financing activities | ||||||
7,919 | 1,902 | 6,758 | ||||
INCREASE (DECREADE) IN CASH AND CASH EQUIVALENTS | ||||||
-271 | -7,401 | -319 | ||||
GAIN (LOSS) FROM EXCHANGE DIFFERENCES ON CASH AND CASH EQUIVALENTS | ||||||
98 | 90 | -186 | ||||
Supplementary information on activities not involving cash flows - | ||||||
Exercise of warrants | ||||||
2,217 | 0 | 0 | ||||
Net cash used in operations: | ||||||
Profit (loss) for the period before taxes on income | ||||||
-2,552 | -8,979 | -9,464 | ||||
Adjustment in respect of: | ||||||
Retirement benefit obligation, net | ||||||
-12 | -21 | 0 | ||||
Inventory impairment | ||||||
297 | 0 | 0 | ||||
Depreciation | ||||||
60 | 80 | 100 | ||||
Amortization | ||||||
17 | 19 | 22 | ||||
Loss (gain) from exchange differences on cash and cash equivalents | ||||||
-98 | -90 | 4 | ||||
Revaluation of and exchange differences on short-term deposits | ||||||
2 | 0 | 0 | ||||
Interest received | ||||||
0 | -4 | -33 | ||||
Stock-based compensation in connection with options granted to employees and service providers | ||||||
64 | 104 | 116 | ||||
Loss (profit) on change in the fair value of warrants issued to investors | ||||||
-3,502 | -25 | -106 | ||||
Gains on change in the fair value of financial instruments at fair value through profit or loss | ||||||
0 | 0 | -3 | ||||
Issuance expenses which were attributed to the warrants classified as a financial liability and charged directly to profit or loss | ||||||
970 | 0 | 0 | ||||
Changes in operating asset and liability items: | ||||||
Decrease (increase) in accounts receivables - trade | ||||||
3 | 233 | -126 | ||||
Decrease (increase) in other current assets | ||||||
262 | 640 | -425 | ||||
Decrease in accounts payable - trade and contract liability | ||||||
-177 | 9 | 155 | ||||
Increase (decrease) in other current liabilities | ||||||
-202 | -393 | 657 | ||||
Decrease (increase) in inventory | ||||||
209 | -828 | 56 | ||||
Net sales of financial assets at fair value through profit or loss | ||||||
0 | 0 | 2,078 | ||||
Net cash used in operations | ||||||
-4,659 | -9,255 | -6,969 | ||||