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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss for the year $ (61,798) $ (43,815) $ (22,563)
Adjustments required to reconcile net loss to net cash used in operating activities:      
Share-based compensation 18,806 24,781 16,245
Amortization of intangible assets 1,768    
Depreciation 524 208 53
Impairment of property and equipment 214
Deferred income taxes (116)
Amortization of premium on marketable securities (216)
Changes in operating assets and liabilities, net of effects of businesses acquired:      
Accounts receivable (40)
Prepaid expenses and other current assets 1,724 (4,478) (1,564)
Related party prepaid expenses 1,081
Other non-current assets (374) (522) (139)
Accounts payable 1,721 (103) 393
Operating lease assets and liabilities 23 83  
Accrued expenses and other liabilities (719) 2,359 970
Deferred revenue 179
Other long-term liabilities 233
Net cash used in operating activities (38,071) (21,487) (5,524)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Cash paid for business combinations, net of cash and restricted cash acquired (2,859)
Investment in marketable securities (90,303)
Purchase of property and equipment (23,158) (13,937) (125)
Net cash used in investing activities (116,320) (13,937) (125)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from long term loan 3,796
Proceeds from issuance of ordinary shares and warrants, net of issuance costs 71,013 14,038
Proceeds from initial public offering of ordinary shares, net of issuance costs 169,348
Proceeds from issuance of ordinary shares upon exercise of warrants 267 630 162
Issuance of ordinary shares to employees and non-employees upon exercise of options 3,316    
Deferred offering costs (339)
Net cash provided by financing activities 7,379 240,991 13,861
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH (147,012) 205,567 8,212
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF THE YEAR 213,784 8,217 5
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF THE YEAR 66,772 213,784 8,217
SUPPLEMENTARY INFORMATION ON ACTIVITIES NOT INVOLVING CASH FLOWS:      
Unpaid offering costs 858
issuance of ordinary shares to investor upon exercise of warrants   200
Fair value of ordinary shares issued as consideration for purchase of assets 1,500
Fair value of ordinary shares issued as consideration for business combinations 100,010
Fair value of contingent consideration assumed in business combinations 47,194
Fair value of contingent consideration assumed in purchase of assets 1,091
Right-of-use assets obtained in exchange for new operating lease liabilities 194 1,085 548
Additional consideration with respect to an assets purchase agreement 10,276
Conversion of related party liability to shareholders’ equity $ 17,748