Quarterly report pursuant to Section 13 or 15(d)

Interim Consolidated Statements of Cash Flows (unaudited)

v3.20.1
Interim Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS - OPERATING ACTIVITIES    
Net loss $ (5,901) $ (3,225)
Adjustments required to reconcile cash flows used in operating activities:    
Depreciation and amortization 501 53
Share-based compensation 337 304
Revaluation of contingent liabilities 56 6
Changes in operating assets and liabilities:    
Other receivables 388 (107)
Trade account payables (1,838) 167
Other account payables (216) (214)
Operating lease liabilities (48)  
Related parties 50 (24)
Net cash used in operating activities (6,671) (3,040)
CASH FLOWS - INVESTING ACTIVITIES    
Decrease in short-term deposit (49) (55)
Purchase of property and equipment (280) (137)
Net cash used in investing activities (329) (192)
CASH FLOWS - FINANCING ACTIVITIES    
Issuance of preferred shares, net of issuance costs 1,800
Outflows in connection with current assets and liabilities acquired in reverse recapitalization (75)
Exercise of stock options 106
Net cash provided by financing activities 31 1,800
Decrease in cash and cash equivalents and restricted cash (6,969) (1,432)
Cash and cash equivalents and restricted cash at the beginning of the period 72,410 8,693
Cash and cash equivalents and restricted cash at the end of the Period 65,441 7,261
Supplemental non-cash transactions:    
Recognition of right-of-use asset and lease liability upon adoption of ASU 2016-02 $ 662