v3.22.2.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Statement of Cash Flows [Abstract]    
Net loss for the period $ (8,500) $ (1,899)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 29 29
Changes in fair value related to warrants to lenders 1,068  
Inventories write-downs 106 55
Exchange rate differences (798) 15
Share-based compensation 41 28
Changes in fair value related to convertible loan 1,648
Changes in fair value related to convertible note 1,753
Changes in operating assets and liabilities:    
Trade receivables 37 (30)
Net change in operating lease assets and liabilities (62)
Inventories (271) (30)
Prepaid expenses and other current assets (251) (6)
Long term prepaid expenses (245)  
Trade payables (1,067) (845)
Deferred revenues 145 713
Other current liabilities 180 258
Other long-term liabilities 185 179
Other accrued liabilities 226 55
Net cash used in operating activities (5,776) (1,478)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Short term bank deposit (68)
Purchase of property and equipment (34) (6)
Net cash used in investing activities (102) (6)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of options [1]
Proceeds from long-term debt, net of issuance costs 2,070
Proceeds from initial public offering and private placement 18,712
Underwriting discounts and commissions and other offering costs (2,175)
Repayment of long-term loan (509) (192)
Net cash provided by financing activities 16,028 1,878
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS AND RESTRICTED CASH 46 (2)
INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 10,150 394
BALANCE OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF THE PERIOD 795 671
BALANCE OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF THE PERIOD 10,945 1,065
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Cash and cash equivalents 10,206 966
Restricted cash, current 650
Restricted cash, non-current 89 99
Total cash, cash equivalents and restricted cash 10,945 1,065
SUPPLEMENTARY DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for interest 527 406
Right of use assets obtained in exchange for new operating lease liabilities $ 184
[1] Represents an amount less than $1 thousands.

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