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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows used in operating activities:          
Net loss $ (13,664) $ (16,494) $ (22,133) $ (19,569) $ (12,736)
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation 370 134 239 202 266
Amortization of intangible assets 2,505 764 1,608 0 0
Share-based compensation 1,047 955 1,328 993 833
Deferred taxes     0 316 (29)
Remeasurement of earnout liability (2,500) 40 (315) 0 0
Interest income (2) (13) (11) 0 0
Exchange rate fluctuations 29 24 (45) 79 0
Changes in assets and liabilities:          
Trade receivables, net (2,723) (720) (311) (408) 99
Prepaid expenses, operating lease right-of-use assets and other assets 2,017 (849) (531) 94 592
Inventories (2,523) (480) (277) (117) 432
Trade payables (77) 1,895 1,037 566 (884)
Employees and payroll accruals (552) (347) (14) 140 275
Deferred revenues (351) (23) (269) (34) 74
Operating lease liabilities and other liabilities (1,325) (1,069) (973) (153) (391)
Net cash used in operating activities (17,749) (16,183) (20,667) (17,891) (11,469)
Cash flows used in investing activities:          
Purchase of property and equipment 0 (2) (81) (25) (47)
Acquisition of a business, net of cash acquired 0 (18,068) (18,068) 0 0
Net cash used in investing activities 0 (18,070) (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]     0 0 36,321
Issuance of ordinary shares in a “registered direct” offering, net of issuance expenses in the amount of $3,215 [1]     0 0 28,131
Exercise of pre-funded warrants and warrants [1],[2]     0 0 15,060
Purchase of treasury shares 0 (992) (992) (2,500) 0
Net cash used in financing activities 0 (992) (992) (2,500) 79,512
Effect of Exchange rate changes on Cash, Cash Equivalents and Restricted Cash (29) (24) 45 (79) 0
Decrease in cash, cash equivalents, and restricted cash (17,778) (35,269) (39,763) (20,495) 67,996
Cash, cash equivalents, and restricted cash at beginning of period 28,792 68,555 68,555 89,050 21,054
Cash, cash equivalents, and restricted cash at end of period 11,014 33,286 28,792 68,555 89,050
Supplemental disclosures of non-cash flow information          
Classification of other current assets to property and equipment, net     0 22 34
Classification of inventory to property and equipment, net 325 194 481 67 32
Amounts related to shares re-purchase not yet paid     0 142 0
ROU assets obtained from new lease liabilities 0 513 513 0 0
Supplemental cash flow information:          
Cash and cash equivalents 10,653 32,590      
Restricted cash included in other long-term assets 361 696      
Cash paid for income taxes     126 113 40
Cash received from interest     1,341 0 0
Cash and cash equivalents     28,083 67,896 88,337
Restricted cash included in other long-term assets     709 659 713
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents $ 11,014 $ 33,286 $ 28,792 $ 68,555 $ 89,050
[1] See Note 9a.
[2] See Note 9f.