| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||
Loss | ||||||
-31,568 | -20,771 | -9,660 | ||||
Adjustments required to reconcile loss to net cash used in operating activities: | ||||||
Depreciation | ||||||
471 | 359 | 300 | ||||
Changes in accrued liability for employee rights upon retirement | ||||||
-30 | -68 | 86 | ||||
Share-based compensation | ||||||
3,974 | 952 | 1,129 | ||||
In-process research and development acquired | ||||||
6,232 | 0 | 431 | ||||
Finance expenses, net | ||||||
-50 | 8 | 17 | ||||
Changes in operating asset and liabilities: | ||||||
Prepaid expenses and other current assets | ||||||
1,039 | 228 | -1 | ||||
Accounts payable, accrued expenses and other | ||||||
-2,486 | 2,505 | 449 | ||||
Advance payment | ||||||
-810 | 198 | 625 | ||||
Long term receivables | ||||||
463 | 1,190 | 0 | ||||
Net cash used in operating activities | ||||||
-24,089 | -18,495 | -8,044 | ||||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||
Purchase of property and equipment | ||||||
1,925 | 385 | 291 | ||||
Deposits | ||||||
4,013 | 15 | 8 | ||||
Amounts funded in respect of employee rights upon retirement, net | ||||||
0 | -9 | -89 | ||||
Net cash used in investing activities | ||||||
-5,938 | -391 | -210 | ||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||
Loans received from the controlling shareholder | ||||||
28,000 | 20,000 | 13,572 | ||||
Net cash provided by financing activities | ||||||
28,000 | 20,000 | 13,572 | ||||
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS | ||||||
50 | -8 | -17 | ||||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | ||||||
-1,977 | 1,106 | 5,301 | ||||
SUPPLEMENTARY INFORMATION ON INVESTING AND FINANCING ACTIVITIES NOT INVOLVING CASH FLOWS: | ||||||
Purchase of property and equipment | ||||||
62 | 10 | 23 | ||||
Acquisition of in-process research and development product candidate | ||||||
6,232 | 0 | 431 | ||||