ReWalk Robotics Ltd
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
LFWD$5.85-1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
| Year ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Cash flows used in operating activities: | |||
| Net loss | $(22,133) | $(19,569) | $(12,736) |
| Adjustments to reconcile net loss to net cash used in operating activities: | |||
| Depreciation | 239 | 202 | 266 |
| Amortization of intangible assets | 1,608 | - | - |
| Share-based compensation | 1,328 | 993 | 833 |
| Deferred taxes | - | 316 | (29) |
| Remeasurement of earnout liability | (315) | - | - |
| Interest income | (11) | - | - |
| Exchange rate fluctuations | (45) | 79 | - |
| Changes in assets and liabilities: | |||
| Trade receivables, net | (311) | (408) | 99 |
| Prepaid expenses, operating lease right-of-use assets and other assets | (531) | 94 | 592 |
| Inventories | (277) | (117) | 432 |
| Trade payables | 1,037 | 566 | (884) |
| Employees and payroll accruals | (14) | 140 | 275 |
| Deferred revenues | (269) | (34) | 74 |
| Operating lease liabilities and other liabilities | (973) | (153) | (391) |
| Net cash used in operating activities | (20,667) | (17,891) | (11,469) |
| Cash flows used in investing activities: | |||
| Acquisition of a business, net of cash acquired | (18,068) | - | - |
| Purchase of property and equipment | (81) | (25) | (47) |
| Net cash used in investing activities | (18,149) | (25) | (47) |
| Cash flows from financing activities: | |||
| Issuance of ordinary shares in a private placement, net of issuance expenses paid in the amount of $3,679 (1) | - | - | 36,321 |
| Issuance of ordinary shares in a “registered direct” offering, net of issuance expenses in the amount of $3,215 (1) | - | - | 28,131 |
| Exercise of pre-funded warrants and warrants (1)(2) | - | - | 15,060 |
| Purchase of treasury shares | (992) | (2,500) | - |
| Net cash (used in) provided by financing activities | (992) | (2,500) | 79,512 |
| Effect of Exchange rate changes on Cash, Cash Equivalents and Restricted Cash | 45 | (79) | - |
| Increase (decrease) in cash, cash equivalents, and restricted cash | (39,763) | (20,495) | 67,996 |
| Cash, cash equivalents, and restricted cash at beginning of period | 68,555 | 89,050 | 21,054 |
| Cash, cash equivalents, and restricted cash at end of period | $28,792 | $68,555 | $89,050 |
F - 8
| Year ended December 31, | ||||||
|---|---|---|---|---|---|---|
| 2023 · 2022 · 2021 | ||||||
| Supplemental disclosures of non-cash flow information | ||||||
| Classification of other current assets to property and equipment, net | $ | - | $22 | $34 | ||
| Classification of inventory to property and equipment | $481 | $67 | $32 | |||
| Amounts related to shares re-purchase not yet paid | $ | - | $142 | $ | - | |
| ROU assets obtained from new lease liabilities | $513 | $ | - | $ | - | |
| Supplemental disclosures of cash flow information: | ||||||
| Cash paid for income taxes | $126 | $113 | $40 | |||
| Cash received from interest | $1,341 | - | - | |||
| Reconciliation of cash, cash equivalents and restricted cash as shown in the consolidated statements of cash flows | ||||||
| Cash and cash equivalents | $28,083 | $67,896 | $88,337 | |||
| Restricted cash included in other long-term assets | $709 | $659 | $713 | |||
| Total Cash, cash equivalents, and restricted cash | $28,792 | $68,555 | $89,050 | |||
F - 9
REWALK ROBOTICS LTD. AND SUBSIDIARIES
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