v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 136 $ 935
Trade receivables 419 378
Inventories 1,590 536
Other current assets 161 601
Total current assets 2,306 2,450
Non-current assets:    
Investment in affiliated companies accounted for under equity method, net 680 745
Investment in other company 455 224
Property and equipment, net 2,596 1,999
Prepaid expenses 361 591
Total non-current assets 4,092 3,559
Total assets 6,398 6,009
Current liabilities:    
Receivables financing facility, net 1,306
Loans, net 2,175 1,672
Accounts payable 1,346 1,640
Deferred revenues 844
Other current liabilities 3,003 2,316
Current amount of liability for minimum royalties 293 291
Total current liabilities 6,817 8,069
Non-current liabilities:    
Convertible bridge loans, net 15,885 5,965
Derivative warrants liability, net 100 301
Fair value of bifurcated convertible feature of convertible bridge loans 2,859 2,500
Liability for minimum royalties, net of current amount 195 185
Total non-current liabilities 19,039 8,951
Commitments and contingent liabilities  
Shareholders' deficit:    
Ordinary Shares of NIS 0.01 par value each: Authorized: 1,000,000,000 shares at March 31, 2021 and December 31, 2020; Issued and outstanding: 552,345,481 shares and 376,335,802 shares at March 31, 2021 and December 31, 2020, respectively 1,595 1,059
Additional paid-in capital 43,785 35,211
Accumulated deficit (64,838) (47,281)
Total shareholders' deficit (19,458) (11,011)
Total liabilities and shareholders' deficit $ 6,398 $ 6,009

Source