| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
OPERATING ACTIVITIES: | ||||||
Comprehensive loss | ||||||
-45,544 | -29,370 | -21,090 | ||||
Adjustments in respect of income and expenses not involving cash flow: | ||||||
Share-based compensation to employees and service providers | ||||||
2,235 | 1,679 | 1,364 | ||||
Depreciation | ||||||
81 | 44 | 36 | ||||
Write-off of intangible assets | ||||||
845 | - | 100 | ||||
Fair value adjustment on derivative financial instruments | ||||||
5,687 | 1,152 | 888 | ||||
Fair value losses on financial assets at fair value through profit or loss | ||||||
-127 | 67 | - | ||||
Revaluation of bank deposits | ||||||
123 | 274 | 69 | ||||
Issuance cost in respect of warrants | ||||||
- | 368 | - | ||||
Exchange differences in respect of cash and cash equivalents | ||||||
-367 | -39 | 150 | ||||
Total adjustments in respect of income and expenses not involving cash flow | ||||||
-2,889 | 559 | 693 | ||||
Changes in assets and liability items: | ||||||
Increase in trade receivables | ||||||
-1,429 | 99 | - | ||||
Decrease (increase) in prepaid expenses and other receivables | ||||||
-1,728 | 612 | 702 | ||||
Increase in inventory | ||||||
-653 | - | - | ||||
Increase (decrease) in accounts payable | ||||||
4,745 | -60 | 153 | ||||
Increase (decrease) in accrued expenses and other current liabilities | ||||||
2,729 | -98 | 1,716 | ||||
Total changes in assets and liability items | ||||||
-3,664 | -553 | -2,571 | ||||
Net cash used in operating activities | ||||||
-44,769 | -28,258 | -17,826 | ||||
INVESTING ACTIVITIES: | ||||||
Purchase of fixed assets | ||||||
146 | 85 | 14 | ||||
Purchase of intangible assets | ||||||
1,035 | 35 | 1,620 | ||||
Change in investment in current bank deposits | ||||||
13,000 | -36,838 | 29,500 | ||||
Purchase of non-current bank deposits | ||||||
- | - | 58 | ||||
Purchase of financial assets at fair value through profit or loss | ||||||
21,923 | 12,246 | - | ||||
Proceeds from sale of financial assets at fair value through profit or loss | ||||||
17,522 | - | - | ||||
Maturity of non-current bank deposits | ||||||
- | - | 10,000 | ||||
Net cash provided by (used in) investing activities | ||||||
-18,582 | 24,472 | -21,192 | ||||
FINANCING ACTIVITIES: | ||||||
Proceeds from issuance of ordinary shares, net of expenses | ||||||
22,216 | 35,754 | 54,684 | ||||
Exercise of warrants and options into ordinary shares, net of expenses | ||||||
3,437 | 263 | 108 | ||||
Net cash provided by financing activities | ||||||
25,653 | 36,017 | 54,792 | ||||
DECREASE IN CASH AND CASH EQUIVALENTS | ||||||
-37,698 | 32,231 | 15,774 | ||||
EXCHANGE DIFFERENCES ON CASH AND CASH EQUIVALENTS | ||||||
367 | 39 | -150 | ||||
SUPPLEMENTARY INFORMATION ON INTEREST RECEIVED IN CASH | ||||||
469 | 408 | 236 | ||||
Supplementary information on investing activities not involving cash flows - Purchase of intangible assets. | ||||||
- | - | 1,925 | ||||