Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Condensed Interim Consolidated Balance Sheets

v3.24.4
Condensed Interim Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 18,788 $ 28,587
Restricted cash 280 163
Short term bank deposits 20 15,402
Trade receivable 618 1,258
Other assets – funds held in escrow 30,417
Prepaid expenses and other receivables 2,114 2,026
Total current assets 52,237 47,436
NON-CURRENT ASSETS:    
Operating lease right-of-use assets 1,800 1,740
Property and equipment, net 1,429 1,309
Total non-current assets 3,229 3,049
Total assets 55,466 50,485
CURRENT LIABILITIES:    
Trade payables 942 1,149
Operating lease liabilities 524 436
Employees and payroll accruals 3,096 2,916
Convertible bonds 30,836
Accrued expenses and other payables 871 1,710
Total current liabilities 36,269 6,211
LONG-TERM LIABILITIES:    
Operating lease liabilities 1,443 1,306
Warrant Liability 540 875
Total long-term liabilities 1,983 2,181
SHAREHOLDERS’ EQUITY:    
Ordinary Shares, NIS 0.000216 par value; 165,000,000 authorized shares as of September 30, 2024 and 130,000,000 as of December 31, 2023; 81,109,895 and 77,925,095 outstanding shares at September 30, 2024 and December 31, 2023, respectively [1]
Additional paid-in capital 257,975 245,733
Accumulated deficit (240,761) (203,640)
Total shareholders’ equity 17,214 42,093
Total liabilities and shareholders’ equity $ 55,466 $ 50,485
[1] Represents less than $1.