Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Convertible Preferred Stock and Shareholders' Equity (Capital Deficiency) (Unaudited)

v3.22.2
Condensed Consolidated Statements of Convertible Preferred Stock and Shareholders' Equity (Capital Deficiency) (Unaudited) - USD ($)
$ in Thousands
Convertible Preferred Stock
Common Stock
Non-voting Common Stock
Additional paid-in capital
Accumulated deficit
Total
Balance at Dec. 31, 2020 $ 5,585 [1] [1] $ 2,771 $ (17,169) $ (14,398)
Balance (in Shares) at Dec. 31, 2020 7,731,083 2,047,641 1,783,773      
Share based compensation 10 10
Net comprehensive loss for the period (679) (679)
Balance at Mar. 31, 2021 $ 5,585 [1] [1] 2,781 (17,848) (15,067)
Balance (in Shares) at Mar. 31, 2021 7,731,083 2,047,641 1,783,773      
Balance at Dec. 31, 2020 $ 5,585 [1] [1] 2,771 (17,169) (14,398)
Balance (in Shares) at Dec. 31, 2020 7,731,083 2,047,641 1,783,773      
Net comprehensive loss for the period           (712)
Balance at Jun. 30, 2021 $ 5,585 [1] [1] 2,789 (17,881) (15,092)
Balance (in Shares) at Jun. 30, 2021 7,731,083 2,047,641 1,783,773      
Balance at Mar. 31, 2021 $ 5,585 [1] [1] 2,781 (17,848) (15,067)
Balance (in Shares) at Mar. 31, 2021 7,731,083 2,047,641 1,783,773      
Share based compensation 8 8
Net comprehensive loss for the period (33) (33)
Balance at Jun. 30, 2021 $ 5,585 [1] [1] 2,789 (17,881) (15,092)
Balance (in Shares) at Jun. 30, 2021 7,731,083 2,047,641 1,783,773      
Balance at Dec. 31, 2021 $ 5,585 [1] [1] 2,824 (22,420) (19,596)
Balance (in Shares) at Dec. 31, 2021 7,731,083 2,050,404 1,783,773      
Exercise of options into common stock [1] [1] [1]
Exercise of options into common stock (in Shares)   15,460        
Share based compensation 14 14
Net comprehensive loss for the period (4,639) (4,639)
Balance at Mar. 31, 2022 $ 5,585 [1] [1] 2,838 (27,059) (24,221)
Balance (in Shares) at Mar. 31, 2022 7,731,083 2,065,864 1,783,773      
Balance at Dec. 31, 2021 $ 5,585 [1] [1] 2,824 (22,420) (19,596)
Balance (in Shares) at Dec. 31, 2021 7,731,083 2,050,404 1,783,773      
Net comprehensive loss for the period           (6,293)
Balance at Jun. 30, 2022 $ 1 [1] 36,469 (28,713) 7,757
Balance (in Shares) at Jun. 30, 2022   17,317,572        
Balance at Mar. 31, 2022 $ 5,585 [1] [1] 2,838 (27,059) (24,221)
Balance (in Shares) at Mar. 31, 2022 7,731,083 2,065,864 1,783,773      
Share based compensation 14 14
Conversion of convertible preferred stock to common stock upon initial public offering $ (5,585) $ 1 5,584 5,585
Conversion of convertible preferred stock to common stock upon initial public offering (in Shares) (7,731,083) 7,731,083        
Issuance of common stock upon initial public offering and private placement, net of underwriting discounts and commissions and other offering costs [1] 14,675 14,675
Issuance of common stock upon initial public offering and private placement, net of underwriting discounts and commissions and other offering costs (in Shares)   4,212,500        
Conversion of convertible loan to common stock upon initial public offering [1] 6,553 6,553
Conversion of convertible loan to common stock upon initial public offering (in Shares)   1,638,161        
Conversion of convertible note to common stock upon initial public offering [1] 3,600 3,600
Conversion of convertible note to common stock upon initial public offering (in Shares)   900,096        
Conversion of warrants to common stock upon initial public offering [1] 3,190 3,190
Conversion of warrants to common stock upon initial public offering (in Shares)   797,567        
Redemption of non-voting common stock upon initial public offering [1]
Redemption of non-voting common stock upon initial public offering (in Shares)     (1,783,773)      
Repurchase of common stock [1] 15 15
Repurchase of common stock (in Shares)   (27,699)        
Net comprehensive loss for the period (1,654) (1,654)
Balance at Jun. 30, 2022 $ 1 [1] $ 36,469 $ (28,713) $ 7,757
Balance (in Shares) at Jun. 30, 2022   17,317,572        
[1] Represents an amount less than $1 thousands.