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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss for the year $ (43,815) $ (22,563) $ (1,909)
Adjustments required to reconcile net loss to net cash used in operating activities:      
Share-based compensation 24,781 16,245 115
Depreciation 208 53 35
Changes in operating assets and liabilities:      
Prepaid expenses and other current assets (4,478) (1,564) 66
Related party prepaid expenses 1,081 (1,844)
Other non-current assets (522) (139)
Accounts payable (103) 393 (134)
Operating lease 83 [1]
Accrued expenses and other liabilities 2,359 970
Net cash used in operating activities (21,487) (5,524) (3,671)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment (13,937) (125) (73)
Net cash used in investing activities (13,937) (125) (73)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of ordinary shares and warrants, net of issuance costs 71,013 14,038 3,684
Proceeds from initial public offering of ordinary shares, net of issuance costs 169,348
Proceeds from issuance of ordinary shares upon exercise of warrants 630 162
Deferred offering costs (339)
Net cash provided by financing activities 240,991 13,861 3,684
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH 205,567 8,212 (60)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF THE YEAR 8,217 5 65
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF THE YEAR 213,784 8,217 5
SUPPLEMENTARY INFORMATION ON ACTIVITIES NOT INVOLVING CASH FLOWS:      
Unpaid offering costs 858
issuance of ordinary shares to investor upon exercise of warrants 200
Operating lease liabilities arising from obtaining operating right-of-use assets 1,085 548
Additional consideration with respect to an assets purchase purchase agreement, see note 1c (10,276)
Conversion of related party liability to shareholders’ equity $ 17,748
[1] Less than 1 thousand US dollars.