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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 8,844 $ 4,090
Restricted cash 352
Short-term bank deposit 15,912 37,609
Prepaid expenses and other current assets 100 579
Total current assets 24,856 42,630
Non-current assets    
Property and equipment, net 161 1,751
Operating leases 1,060
Total non-current assets 161 2,811
Total assets 25,017 45,441
Accounts payable and accruals    
Trade 141 952
Other 783 802
Employees and payroll accruals 406 1,261
Operating lease liabilities 337
Other current liabilities 56
Total current liabilities 1,330 3,408
Non-current liabilities    
Royalties provision 94
Operating lease liabilities 627
Total non-current liabilities 721
Share capital, Ordinary shares 48 NIS par value (18,000,000 authorized shares as of December 31, 2023 and 2022; 5,850,555 and 5,844,463 shares issued and outstanding as of December 31, 2023 and 2022, respectively) [1] 83,746 83,664
Additional paid-in capital 84,802 84,941
Accumulated deficit (144,861) (127,293)
Total shareholders’ equity 23,687 41,312
Total liabilities and shareholders’ equity $ 25,017 $ 45,441
[1] All share amounts have been retroactively adjusted to reflect a 1-for-20 share reverse split, see Note 1(A)(7).