| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||
Net loss | ||||||||||||
-37,793 | -38,973 | -22,252 | -22,477 | -21,444 | -23,717 | -20,532 | -18,026 | -13,382 | -10,086 | -298 | -6,199 | -3,417 |
Adjustment to reconcile net loss to net cash from operating activities: | ||||||||||||
Depreciation and amortization | ||||||||||||
82 | 108 | 65 | 60 | 63 | 68 | 58 | 51 | 240 | 58 | 17 | 87 | 45 |
Amortization/Accretion on marketable securities | ||||||||||||
-98 | - | - | - | - | - | - | - | - | - | - | - | - |
Stock-based compensation | ||||||||||||
7,617 | 8,065 | 7,243 | 7,212 | 7,447 | 8,877 | 9,515 | 7,709 | 4,541 | 2,269 | 2,158 | 1,576 | 297 |
Exchange rate differences | ||||||||||||
- | - | - | - | - | - | 0 | 0 | -1 | - | 0 | 1 | 1 |
Fair value adjustment of warrants for preferred shares | ||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 277 | -109 |
Realized loss on sale of short-term investment | ||||||||||||
- | - | - | - | - | 0 | 0 | 0 | -100 | - | - | - | - |
Amortization of right of use asset | ||||||||||||
374 | 292 | 245 | 246 | 245 | - | - | - | - | - | - | - | - |
Lease liability | ||||||||||||
361 | 290 | 246 | 201 | 173 | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities: | ||||||||||||
Decrease (increase) in inventory | ||||||||||||
- | - | - | - | - | 0 | -142 | -207 | 33 | 179 | -261 | 167 | 126 |
Decrease in accounts receivable | ||||||||||||
- | - | - | - | - | - | -120 | 228 | 4 | -34 | 24 | -12 | -61 |
Increase in prepaid expenses and other current assets | ||||||||||||
518 | -126 | -562 | 1,041 | 41 | 11 | -395 | 298 | -232 | 48 | 206 | 150 | 158 |
Decrease in accounts payable and accrued expenses | ||||||||||||
-2,498 | 3,118 | 809 | 1,441 | -2,440 | 2,147 | 636 | 1,628 | -206 | 830 | 673 | 647 | 384 |
(Decrease) increase in deferred revenues | ||||||||||||
- | - | - | - | - | 0 | -86 | -110 | -454 | 350 | -11 | 0 | 311 |
Decrease in employee related accrued expenses | ||||||||||||
-2,636 | 1,629 | 1,376 | 372 | -1,591 | 2,241 | 473 | 920 | -659 | 811 | 27 | 457 | -32 |
Net cash used in operating activities | ||||||||||||
-35,635 | -26,000 | -12,528 | -14,555 | -17,934 | -10,284 | -9,279 | -8,147 | -9,624 | -5,959 | 2,597 | -3,461 | -2,745 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||
Sale of short-term investments | ||||||||||||
- | - | - | - | - | - | - | - | -35,901 | - | - | - | - |
Purchase of marketable securities | ||||||||||||
9,378 | - | - | - | - | - | - | - | - | - | - | - | - |
Maturities of marketable securities | ||||||||||||
22,499 | - | - | - | - | - | - | - | - | - | - | - | - |
Change in restricted deposit | ||||||||||||
- | - | - | - | - | - | - | - | - | -100 | 100 | 1 | 4 |
Purchases of property and equipment | ||||||||||||
96 | 192 | 49 | 40 | 44 | 24 | 332 | 132 | 72 | 153 | 20 | 20 | 78 |
Net cash provided by (used in) investing activities | ||||||||||||
13,025 | 9,296 | -12,659 | -142,186 | -44 | -26 | -333 | -183 | 35,829 | -36,054 | -120 | -21 | -82 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||
Proceeds from exercise of options into ordinary shares | ||||||||||||
293 | 321 | 1,126 | 685 | 1,532 | - | - | - | - | 71 | 329 | 0 | 4 |
Issuance of ordinary shares, net of issuance expenses | ||||||||||||
- | 0 | 0 | -312 | 161,974 | 14 | -14 | -21 | 64,256 | - | - | - | - |
Issuance cost for shelf filing | ||||||||||||
203 | - | - | - | - | - | - | - | - | - | - | - | 112 |
Net cash provided by financing activities | ||||||||||||
90 | 245 | 1,126 | 373 | 163,506 | 2,200 | -14 | -21 | 64,256 | -56 | -399 | 62,148 | -108 |
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS | ||||||||||||
-22,520 | -16,459 | -24,061 | -156,368 | 145,528 | -8,110 | -9,626 | -8,351 | 90,461 | -42,069 | 2,078 | 58,666 | -2,935 |
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES: | ||||||||||||
Non-cash new lease liabilities | ||||||||||||
72 | - | - | - | - | - | - | - | - | - | - | - | - |
Non-cash issuance cost | ||||||||||||
- | - | - | - | 312 | - | - | - | 21 | - | - | 415 | 313 |
Exercise of options | ||||||||||||
- | - | - | -513 | 515 | - | - | - | - | - | - | - | - |