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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ 232,387 $ 57,358
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 254 256
Goodwill and in-process research & development impairments 54,345 0
Contingent stock right remeasurement 84,726 0
Loss from disposal and sale of fixed assets 0 7
Changes in marketable securities and bank deposits, net (142) (269)
Changes in accrued liability for employee severance benefits, net of retirement fund profit (15) 52
Stock-based compensation 15,147 3,606
Non-cash finance (income) expenses, net (727) 85
Changes in operating assets and liabilities, net of effects of businesses acquired:    
(Increase) decrease in trade receivables, prepaid and other assets (11,383) 1,086
Increase in other non-current assets (4,430) (124)
(Decrease) increase in accounts payable and accruals (11,801) 1,511
Increase in inventory (5,294) 0
Net cash used in operating activities (111,707) (51,148)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of fixed assets (113) (861)
Proceeds from sale of fixed assets 0 24
Investment in marketable securities 0 (48,001)
Cash acquired through merger 38,641 0
Proceeds from sale and maturity of marketable securities 48,577 84,673
Net cash provided by investing activities 87,105 35,835
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds related to issuance of ordinary shares through offerings, net of issuance costs 53,646 13,714
Proceeds from debt financing and issuance of warrants, net of issuance costs 0 14,196
Proceeds related to issuance of stock for stock-based compensation arrangements, net 182 44
Net cash provided by financing activities 53,828 27,954
INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 29,226 12,641
EFFECT OF EXCHANGE RATE ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH 1 25
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF THE PERIOD 44,584 28,118
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF THE PERIOD 73,811 40,784
TOTAL CASH, CASH EQUIVALENTS AND RESTRICTED CASH SHOWN IN STATEMENT OF CASH FLOWS 73,811 40,784
SUPPLEMENTARY INFORMATION ON INVESTING AND FINANCING ACTIVITIES NOT INVOLVING CASH FLOWS -    
Cashless exercise of warrants and restricted stock units   7
Issuance of shares under employee stock purchase plan 163 0
Additions to operating lease right of use assets 1,120 1,193
Additions to operating lease liabilities 1,120 1,175
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest received 232 1,125
Interest paid 2,936 289
Fair value of assets acquired 117,270 0
Less liabilities assumed 5,827 0
Net acquired (See “Note 3- Business combination”) 111,443 0
Less cash acquired 38,641 0
Merger net of cash acquired $ 72,802 $ 0