XML 29 R7.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities:    
Net loss $ (1,638)us-gaap_NetIncomeLoss $ (2,984)us-gaap_NetIncomeLoss
Adjustments required to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 125us-gaap_EmployeeBenefitsAndShareBasedCompensation 509us-gaap_EmployeeBenefitsAndShareBasedCompensation
Issuance cost related to warrants to investors and service provider 0us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims 448us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims
Depreciation 79us-gaap_Depreciation 198us-gaap_Depreciation
Increase is trade receivables (22)us-gaap_IncreaseDecreaseInOtherReceivables 0us-gaap_IncreaseDecreaseInOtherReceivables
Decrease (increase) in accounts receivables and prepaid expenses 22drio_IncreaseDecreaseInAccountsReceivablesAndPrepaidExpense (73)drio_IncreaseDecreaseInAccountsReceivablesAndPrepaidExpense
Increase (decrease) in trade payables 145us-gaap_IncreaseDecreaseInAccountsPayableTrade (51)us-gaap_IncreaseDecreaseInAccountsPayableTrade
Increase in deferred revenues 32us-gaap_IncreaseDecreaseInDeferredRevenue 0us-gaap_IncreaseDecreaseInDeferredRevenue
Decrease in other accounts payable and accrued expenses (118)us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities (242)us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
Change in the fair value of warrants (150)us-gaap_FairValueAdjustmentOfWarrants (142)us-gaap_FairValueAdjustmentOfWarrants
Net cash used in operating activities (1,525)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (2,337)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:    
Proceeds of maturities of short-term bank deposit (13)us-gaap_PaymentsForProceedsFromLoansReceivable 0us-gaap_PaymentsForProceedsFromLoansReceivable
Investment in restricted cash 13us-gaap_IncreaseDecreaseInRestrictedCash 0us-gaap_IncreaseDecreaseInRestrictedCash
Investment in lease deposit, net 7us-gaap_PaymentsToAcquireLeasesHeldForInvestment 0us-gaap_PaymentsToAcquireLeasesHeldForInvestment
Purchase of property and equipment (36)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (116)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash provided by (used in) investing activities (29)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (116)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities:    
Proceeds from issuance of Common Stock and warrants, net of issuance cost 1,956drio_ProceedsFromIssuanceOfCommonStockAndWarrants 3,813drio_ProceedsFromIssuanceOfCommonStockAndWarrants
Proceeds from exercise of options and warrants 0drio_ProceedsFromStockOptionsAndWarrantsExercised [1] 189drio_ProceedsFromStockOptionsAndWarrantsExercised
Net cash provided by financing activities 1,956us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 4,002us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Increase in cash and cash equivalents 402us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 1,549us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at the beginning of the period 1,453us-gaap_CashAndCashEquivalentsAtCarryingValue 2,263us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at the end of the period 1,855us-gaap_CashAndCashEquivalentsAtCarryingValue 3,812us-gaap_CashAndCashEquivalentsAtCarryingValue
Non-cash investing and financing and activities:    
Receivable on account of shares 0us-gaap_CommonStockSharesSubscriptions 67us-gaap_CommonStockSharesSubscriptions
Conversion of liability related to warrants into Common Stock 0drio_Conversionofwarantliabilitytocommonstock 9drio_Conversionofwarantliabilitytocommonstock
Purchase of property and equipment 29us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 4us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
Conversion of Series A Preferred Stock into Common Stock $ 102us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities $ 0us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
[1] Represents an amount lower than $1.