Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on Nano Dimension’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Nano Dimension could differ materially from those described in or implied by the statements in this press release. For example, Nano Dimension is using forward-looking statements when it discusses pursuing new sales and relationships with U.S. federal government agencies, and expectations regarding continuous growth with the support of resellers and strategic partners. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano Dimension’s Annual Report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 15, 2018, and in any subsequent filings with the SEC. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: Nano Dimension’s ability to increase sales and revenue, its burn rate, and its ability to continue as a going concern. Except as otherwise required by law, Nano Dimension undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Nano Dimension is not responsible for the contents of third party websites.
CONTACT INVESTOR RELATIONS:
Miri Segal-Scharia
CEO
MS-IR LLC
917-607-8654
msegal@ms-ir.com
Consolidated Statements of Financial Position as at
| June 30, | December 31, | |||||||||||
| 2017 | 2018 | 2017 | ||||||||||
| (In thousands of USD) | (Unaudited) | (Unaudited) | ||||||||||
| Assets | ||||||||||||
| Cash and cash equivalents | 16,495 | 11,601 | 6,103 | |||||||||
| Restricted deposits | 222 | 20 | 107 | |||||||||
| Trade receivables | -- | 628 | 94 | |||||||||
| Other receivables | 1,181 | 653 | 583 | |||||||||
| Inventory | 175 | 2,488 | 2,336 | |||||||||
| Total current assets | 18,073 | 15,390 | 9,223 | |||||||||
| Restricted deposits | 122 | 329 | 346 | |||||||||
| Property plant and equipment, net | 4,404 | 5,248 | 5,172 | |||||||||
| Intangible assets | 7,081 | 6,369 | 6,755 | |||||||||
| Total non-current assets | 11,607 | 11,946 | 12,273 | |||||||||
| Total assets | 29,680 | 27,336 | 21,496 | |||||||||
| Liabilities | ||||||||||||
| Trade payables | 820 | 1,162 | 512 | |||||||||
| Other payables | 2,184 | 1,929 | 1,683 | |||||||||
| Total current liabilities | 3,004 | 3,091 | 2,195 | |||||||||
| Liability in respect of government grants | 774 | 934 | 833 | |||||||||
| Other long-term liabilities | 329 | 272 | 302 | |||||||||
| Total non-current liabilities | 1,103 | 1,206 | 1,135 | |||||||||
| Total liabilities | 4,107 | 4,297 | 3,330 | |||||||||
| Equity | ||||||||||||
| Share capital | 2,301 | 3,291 | 2,307 | |||||||||
| Share premium | 44,210 | 58,613 | 45,722 | |||||||||
| Treasury shares | (1,509 | ) | (1,509 | ) | (1,509 | ) | ||||||
| Warrants | 1,204 | 13 | 33 | |||||||||
| Presentation currency translation reserve | 941 | 1,431 | 1,431 | |||||||||
| Capital reserve from transactions with controlling shareholders | 63 | 63 | 63 | |||||||||
| Capital reserve for share-based payments | 5,728 | 5,152 | 6,241 | |||||||||
| Accumulated loss | (27,365 | ) | (44,015 | ) | (36,122 | ) | ||||||
| Total equity | 25,573 | 23,039 | 18,166 | |||||||||
| Total liabilities and equity | 29,680 | 27,336 | 21,496 | |||||||||
