Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 166 $ 935
Trade receivables 2,072 378
Inventories 1,904 536
Other current assets 129 601
Total current assets 4,271 2,450
Non-current assets:    
Investment in affiliated companies accounted for under equity method   745
Investment in other company 495 224
Property and equipment, net 2,591 1,999
Right of use asset arising from operating lease 182
Prepaid expenses 361 591
Goodwill 7,761
Intangible assets 1,500
Total non-current assets 12,890 3,559
Total assets 17,161 6,009
Current liabilities:    
Receivables financing facility, net 1,306
Loans 3,205 1,672
Accounts payable 1,169 1,640
Deferred revenues 13 844
Other current liabilities 3,450 2,316
Liability for minimum royalties 355 291
Total current liabilities 8,192 8,069
Non-current liabilities:    
Convertible bridge loans, net 17,017 5,965
Derivative warrants liability, net 2 301
Fair value of bifurcated convertible feature of convertible bridge loans 1,873 2,500
Operating lease liability 86  
Deferred taxes 315
Liability for minimum royalties 175 185
Total non-current liabilities 19,468 8,951
Shareholders’ deficit:    
Common stock value 2,593 1,059
Additional paid-in capital 58,735 35,211
Accumulated deficit (71,827) (47,281)
Total shareholders’ deficit (10,499) (11,011)
Total liabilities and shareholders’ deficit $ 17,161 $ 6,009