Cash Flow

v3.10.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net loss $ (2,957) $ (3,324)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 4 6
Stock-based compensation 666 683
Benefit component of Promissory Notes 865
Revaluation of warrants to purchase Common stock 293
Decrease (increase) in trade receivables (46) (23)
Increase in prepaid expenses and other accounts receivable (73) (255)
Decrease (increase) in inventories (58) (24)
Decrease (increase) in other assets (13)
Increase (decrease) in trade payables (25) 275
Increase (decrease) in other accounts payable (190) 93
Increase in accrued severance pay, net 23 9
Net cash used in operating activities (2,669) (1,402)
Cash flows from investing activities:    
Purchase of property and equipment (8) (2)
Net cash used in investing activities (8) (2)
Cash flows from financing activities:    
Proceeds from issuance of Convertible Promissory Notes and warrants 1,380
Proceeds from exercise of warrants 44
Net cash provided by financing activities 44 1,380
Increase (decrease) in cash and cash equivalents (2,633) (24)
Cash and cash equivalents at the beginning of the period 4,360 106
Cash and cash equivalents at the end of the period 1,727 82
Supplemental information and disclosure of non-cash financing transactions:    
Carve out of warrants' fair value from Convertible Promissory Notes $ 852

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