| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||
NET LOSS | ||||||
-47,599 | -43,543 | -28,909 | - | - | ||
Adjustments required to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation | ||||||
854 | 859 | 829 | - | - | ||
IMPAIRMENT OF LONG-LIVED ASSETS | ||||||
13,663 | - | - | - | - | ||
Comprehensive loss | ||||||
- | - | - | -13,362 | -7,180 | ||
Adjustments to reconcile loss and comprehensive loss to net cash used in operating activities (see appendix A) | ||||||
- | - | - | 1,357 | -751 | ||
Net cash used in operating activities | ||||||
- | - | - | -12,005 | -7,931 | ||
Purchase of property and equipment | ||||||
- | - | - | 482 | 1,384 | ||
Advances payments for property and equipment | ||||||
- | - | - | 0 | 0 | ||
Short-term deposits, net | ||||||
- | - | - | 5,000 | -5,000 | ||
Proceeds from disposal of financial assets at fair value through profit or loss, net | ||||||
- | - | - | 206 | 0 | ||
Changes in restricted bank deposits, net | ||||||
- | - | - | 0 | 13 | ||
Proceeds from sale of property and equipment | ||||||
- | - | - | 0 | 0 | ||
Net cash used in investing activities | ||||||
- | - | - | 4,724 | -6,371 | ||
Issuance of shares, net of issuance costs | ||||||
- | - | - | 0 | 30,608 | ||
Exercise of warrants (series 7) | ||||||
- | - | - | 0 | 1,844 | ||
Exercise of warrants | ||||||
- | - | - | 0 | 0 | ||
Exercise of options by employees | ||||||
- | - | - | 0 | 0 | ||
Net cash provided by financing activities | ||||||
- | - | - | 0 | 32,452 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | ||||||
- | - | - | -7,281 | 18,150 | ||
EXCHANGE DIFFERENCES ON CASH AND CASH EQUIVALENTS | ||||||
- | - | - | 8 | -232 | ||
Depreciation | ||||||
- | - | - | 701 | 746 | ||
Changes in the fair value of derivative financial instruments | ||||||
- | - | - | 230 | -213 | ||
Exchange differences on cash and cash equivalents | ||||||
67 | 829 | -127 | 8 | 403 | ||
Change in right of use asset | ||||||
967 | - | - | - | - | ||
Change in lease liabilities | ||||||
713 | - | - | - | - | ||
Gains on marketable securities | ||||||
13 | -194 | 220 | - | - | ||
Loss from sale of property and equipment | ||||||
- | - | -2 | - | - | ||
Share-based compensation | ||||||
3,221 | 3,227 | 1,203 | - | - | ||
Changes in operating assets and liabilities: | ||||||
Increase in prepaid expenses and other receivables | ||||||
747 | 1,861 | - | - | - | ||
Increase in prepaid expenses and other receivables | ||||||
- | - | -1,259 | - | - | ||
Increase in deferred tax assets | ||||||
-281 | 281 | - | - | - | ||
Increase (decrease) in accounts payable and accruals | ||||||
679 | 1,191 | 3,831 | - | - | ||
Increase in other liabilities | ||||||
295 | 309 | - | - | - | ||
Net cash used in operating activities | ||||||
-29,045 | -39,076 | -22,132 | - | - | ||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||
Purchase of property and equipment | ||||||
921 | 4,667 | 5,001 | - | - | ||
Investment in other assets | ||||||
2,865 | 4,932 | - | - | - | ||
Proceeds from disposal of marketable securities, net | ||||||
576 | 298 | 247 | - | - | ||
Proceeds from sale of property and equipment | ||||||
- | - | 7 | - | - | ||
Net cash (used in) provided by investing activities | ||||||
-3,210 | -9,301 | -4,747 | - | - | ||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||
Proceeds from issuance of ordinary shares, net of issuance costs | ||||||
2,086 | 35,029 | 63,131 | - | - | ||
Proceeds from exercise of warrants | ||||||
- | - | 531 | - | - | ||
Proceeds from exercise of options | ||||||
282 | 30 | 45 | - | - | ||
Net cash provided by financing activities | ||||||
2,368 | 35,059 | 63,707 | - | - | ||
DECREASE IN CASH AND CASH EQUIVALENTS | ||||||
-29,887 | -13,318 | - | - | - | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | ||||||
- | - | 36,828 | - | - | ||
EXCHANGE DIFFERENCES ON CASH AND CASH EQUIVALENTS | ||||||
-67 | -829 | 127 | - | - | ||
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES: | ||||||
Liability with respect to property and equipment | ||||||
- | 170 | - | - | - | ||
Liability with respect to other assets (see note 4a) | ||||||
- | 499 | - | - | - | ||
SUPPLEMENTARY DISCLOSURE OF CASH FLOW INFORMATION - | ||||||
Taxes paid | ||||||
75 | 96 | - | - | - | ||
Interest received | ||||||
327 | 734 | 244 | - | - | ||
Exchange differences on restricted deposits | ||||||
- | - | - | 0 | 0 | ||
Exchange differences on short-term bank deposit | ||||||
- | - | - | 0 | 0 | ||
Losses (gains) on financial assets at fair value through profit or loss | ||||||
- | - | - | 34 | 19 | ||
Loss on sale of property and equipment | ||||||
- | - | - | 0 | 0 | ||
Share-based compensation | ||||||
- | - | - | 536 | 381 | ||
Income and expenses not involving cash flows | ||||||
- | - | - | 965 | 918 | ||
Decrease (increase) in other receivables | ||||||
- | - | - | -23 | -2,083 | ||
Increase in accounts payable and accruals | ||||||
- | - | - | 415 | 414 | ||
Changes in operating asset and liability | ||||||
- | - | - | 392 | -1,669 | ||
Adjustments to reconcile net loss to net cash provided from operations | ||||||
- | - | - | 1,357 | -751 | ||
Liability with respect to property purchase | ||||||
- | - | - | 190 | 0 | ||
Settlement of liability in respect to derivative financial instrument to equity | ||||||
- | - | - | 0 | 1,060 | ||
Interest received | ||||||
- | - | - | 168 | 44 | ||