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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash Flows From Operating Activities:    
Net Loss $ (73,329,000) $ (255,568,000)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 109,000 341,000
Goodwill and in-process research & development impairments 0 54,345,000
Contingent stock right remeasurement 0 84,726,000
Loss from sale and disposal of fixed assets 93,000 2,101,000
Changes in marketable securities and bank deposits, net 0 (142,000)
Debt prepayment premium 1,432,000 0
Share-based compensation 8,080,000 18,100,000
Non-cash other expense (income), net 2,472,000 (654,000)
Changes in operating asset and liabilities, net of effects of businesses acquired:    
Decrease (increase) in trade receivables, prepaid and other assets 7,709,000 (17,138,000)
Decrease (increase) in other non-current assets 841,000 (4,171,000)
(Decrease) in accounts payable and accruals (2,675,000) (12,975,000)
(Decrease) increase in inventory 113,000 (6,048,000)
Decrease (increase) in other liabilities (1,212,000) 1,000
Net cash used in operating activities (56,367,000) (137,082,000)
Cash Flows From Investing Activities:    
Purchase of fixed assets 0 (113,000)
Cash acquired through merger 0 38,641,000
Proceeds from sale and maturity of marketable securities and bank deposits 1,027,000 50,579,000
Net cash provided by investing activities 1,027,000 89,107,000
Cash Flows From Financing Activities:    
Debt repayment (Note 13) (36,432,000) 0
Proceeds from exercise of options and issuance of shares under the employee shares purchase plan 522,000 310,000
Withholding tax from net exercise of restricted share units (294,000) (141,000)
Proceeds from issuance of common stock, net of issuance costs 75,981,000 61,639,000
Net cash provided by financing activities 39,777,000 61,808,000
(Decrease) Increase in cash, cash equivalents and restricted cash (15,563,000) 13,833,000
Effect of exchange rate on cash, cash equivalents and restricted cash 0 1,000
Cash, cash equivalents and restricted cash at beginning of the year 58,418,000 44,584,000
Cash, cash equivalents and restricted cash at end of the year 42,855,000 58,418,000
Cash and cash equivalents 42,250,000 57,563,000
Restricted cash 605,000 855,000
Total cash, cash equivalents and restricted cash shown in statement of cash flows 42,855,000 58,418,000
Supplementary information on investing and financing activities not involving cash flows:    
Issuance of shares under employee share purchase plan 169,000 387,000
Additions to operating lease right of use assets 0 1,350,000
Additions to operating lease liabilities 0 1,350,000
Supplemental disclosure of cash flow information:    
Interest received 17,000 102,000
Interest paid 2,385,000 3,941,000
Fair value of assets acquired 0 117,270,000
Less liabilities assumed 0 5,827,000
Net acquired (See “Note 3- Business combination”) 0 111,443,000
Less cash acquired 0 38,641,000
Merger net of cash acquired $ 0 $ 72,802,000