v3.23.1

INTERIM CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net Loss	$ (249)	$ (203)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	4	2
Stock based compensation	104	0
Decrease (increase) in intangible assets	1	(5)
Increase in operating lease liabilities	(0)	5
Decrease in other liabilities	(1)	0
Exchange rate differences from stockholders' loans	(4)	0
Accrued interest from stockholder loans from a major stockholder	7	4
Increase in trade account receivable and other receivables	6	(23)
Increase in trade accounts payable and other accounts payable	24	63
Decrease (increase) in inventory	12	0
Net cash used in operating activities	(96)	(157)
Cash flows from investing activities:
Purchase of property and equipment	0	(10)
Net cash used in investing activities	(0)	(10)
Cash flows from financing activities:
Short-term credit	150	(3)
Loans received from a major stockholder	0	16
Net cash provided by financing activities	150	13
Decrease in cash and cash equivalents	54	(154)
Cash and cash equivalents at beginning of period	55	471
Cash and cash equivalents at end of period	$ 109	$ 317

Amount of foreign currency transaction realized and unrealized gain (loss) recognized in the shareholders loans.

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Artemis Therapeutics, Inc. 10-Q