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v3.22.2.2

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 9 Months Ended
--- | ---
Sep. 30, 2022 | Sep. 30, 2021
Operating activities |  |
Loss for the period | $ (61,395) | $ (121,501)
Items not affecting cash: |  |
Amortization | 299 | 324
Expenses settled with share-based payments | 16,298 | 69,357
Interest on convertible debentures |  | 1,003
Change in fair value of warrants liability | (892) | (878)
Unrealized foreign exchange | 56 | (31)
Changes in working capital: |  |
Receivables and prepayments | (1,426) | (8)
Accounts payable and accrued liabilities | 300 | 23,395
Net cash used in operating activities | (46,760) | (28,339)
Investing activities |  |
Settlement of deferred acquisition costs |  | (3,440)
Acquisition of equipment | (959) | (402)
Net cash used in investing activities | (959) | (3,842)
Financing activities |  |
Proceeds from PIPE financing | 30,400 |
Expenses paid for PIPE financing | (680) |
Proceeds from employee share purchase plan | 56 |
Proceeds from exercise of stock options | 76 | 4,236
Proceeds from issuance of convertible debentures |  | 26,000
Taxes withheld and paid on share-based compensation | (78) |
Proceeds from Business Combination (net of fees and other costs) |  | 104,465
Net cash provided by financing activities | 29,774 | 134,701
(Decrease) increase in cash | (17,945) | 102,520
Impact of exchange rate changes on cash | (56) | 24
Cash - beginning of period | 84,873 | 10,096
Cash - end of period | $ 66,872 | $ 112,640

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