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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 4,319 $ 3,924
Restricted cash 390 375
Short-term deposits 40,157 22,685
Prepaid expenses and other receivables 2,334 417
Total current assets 47,200 27,401
Long-term assets:    
Property and equipment, net 5,890 6,121
Long-term deposits 22,120
Other long-term assets 637 230
Total long-term assets 28,647 6,351
Total assets 75,847 33,752
CURRENT LIABILITIES:    
Trade payables 974 1,581
Other payables and accrued expenses 1,903 998
Total current liabilities 2,877 2,579
Long-term liabilities:    
Other liabilities 193 251
Warrants to convertible preferred shares 12,241
Total long-term liabilities 193 12,492
Commitments and Contingencies
Convertible preferred shares: Preferred A, A-1, B, B-1, C-1, C-2, D-1, D-3, E and E-1 shares with no par value - Authorized: 0 and 17,916,412 shares at December 31, 2020 and 2019, respectively; Issued and outstanding: 0 and 12,520,977 shares at December 31, 2020 and 2019, respectively. 106,313
Shareholders’ equity (deficit):    
Share capital - Ordinary shares with no par value - Authorized: 47,800,000 and 22,520,977 shares at December 31, 2020 and 2019, respectively; Issued and outstanding: 18,494,739 and 562,748 shares at December 31, 2020 and 2019, respectively.
Additional paid-in capital 205,063 5,671
Accumulated deficit (132,286) (93,303)
Total shareholders’ equity (deficit) 72,777 (87,632)
Total liabilities, convertible preferred shares and shareholders’ equity (deficit) $ 75,847 $ 33,752