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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities        
Loss for the period $ (366) $ (1,109) $ (1,023) $ (2,459)
Adjustments to reconcile loss for the period to net cash used in operating activities:        
Stock based compensation 100 397 306 875
Depreciation     13 13
Accrued financial income, net     (3) (11)
Decrease (increase) in accounts receivable     45 (44)
Decrease in trade and other payables     (68) (41)
Net cash used in operating activities     (730) (1,667)
Cash flows from financing activities        
Proceeds from private placement of common stock and warrants. (see also note 4.3)     715 1,000
Net cash provided by financing activities     715 1,000
Effect of exchange rate changes on cash and cash equivalents     1 1
Net decrease in cash and cash equivalents     (14) (666)
Cash and cash equivalents as at the beginning of the period     767 3,002
Cash and cash equivalents as at the end of the period $ 753 $ 2,336 $ 753 $ 2,336