Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Shareholders' Deficit (Unaudited)

v3.22.1
Condensed Consolidated Statements of Changes in Shareholders' Deficit (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2020 $ 1,059 $ 35,211 $ (47,281) $ (11,011)
Beginning balance, shares at Dec. 31, 2020 376,335,802      
Partial conversion of convertible bridge loans into ordinary shares $ 409 6,461 6,870
Partial conversion of convertible bridge loans into ordinary shares, shares 134,358,817      
Stock-based compensation to employees and directors 169 169
Net loss for the period (17,557) (17,557)
Issuance of ordinary shares as settlement of previous commitments $ 8 (8)
Issuance of ordinary shares as settlement of previous commitment, shares 2,500,000      
Issuance of ordinary shares upon modification of terms relating to convertible straight loan transaction $ 6 82 88
Issuance of ordinary shares upon modification of terms relating to convertible straight loan transaction, shares 2,000,000      
Issuance of stock warrants as part of convertible bridge loan received 792 792
Issuance of ordinary shares in exchange for equity line received $ 16 239 255
Issuance of ordinary shares in exchange for equity line received, shares 5,229,809      
Issuance of ordinary shares as collateral for loan repayment $ 61 809 870
Issuance of ordinary shares as collateral for loan repayment, shares 20,000,000      
Issuance of ordinary shares or commitment for issuance of fixed number of ordinary shares to service providers $ 36 30 66
Issuance of ordinary shares or commitment for issuance of fixed number of ordinary shares to service providers, shares 11,921,053      
Ending balance, value at Mar. 31, 2021 $ 1,595 43,785 (64,838) (19,458)
Ending balance, shares at Mar. 31, 2021 552,345,481      
Beginning balance, value at Dec. 31, 2021 $ 2,913 63,470 (90,595) (24,212)
Beginning balance, shares at Dec. 31, 2021 975,644,432      
Partial conversion of convertible loans into ordinary shares $ 152 1,652 1,804
Partial conversion of convertible loans into ordinary shares, shares 49,620,690      
Partial conversion of convertible bridge loans into ordinary shares $ 305 2,962 3,267
Partial conversion of convertible bridge loans into ordinary shares, shares 97,611,464      
Conversion of warrants into ordinary shares $ 49 (49)
Conversion of warrants into ordinary shares, shares 16,000,000      
Stock-based compensation to employees and directors 857 857
Issuance of ordinary shares to service providers $ 4 707 711
Issuance of ordinary shares to service providers, shares 1,500,000      
Net loss for the period (7,588) (7,588)
Issuance of ordinary shares upon modification of terms relating to convertible straight loan transaction      
Ending balance, value at Mar. 31, 2022 $ 3,423 $ 69,599 $ (98,183) $ (25,161)
Ending balance, shares at Mar. 31, 2022 1,140,376,586