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Interim Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Cash flows from operating activities:          
Net (loss) income $ (15,055) $ 5,962 $ (25,657) $ (9,545) $ (34,351)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:          
Depreciation of property, equipment and right-of-use assets 556 703 1,106 1,245 2,143
Financial income, net (128) (378) (260) (569) (775)
Cost of share-based compensation 322 1,319 1,221 2,410 4,868
Change in employee benefit liabilities, net (3) 8 126
Amortization of premium on available-for-sale financial asses 51 4 101 184
Revaluation of financial derivatives 1,778 (17,378) (670) (13,471) (15,904)
Revaluation of liability to IIA 593 631 1,315 1,199 2,531
Adjustments to reconcile profit (loss) 3,121 (15,055) 2,716 (9,077) (6,827)
Decrease (increase) in prepaid expenses, other current assets and other assets (607) (292) (1,065) 117 (150)
Increase (decrease) in trade payables (360) 1,088 1,574 244 (821)
Increase (decrease) in accrued expenses and other payables 2,472 141 (624) 162 2,807
Cash flows from (used in) operations 1,505 937 (115) 523 1,836
Cash received during the period for:          
Interest received 9 309 357 830 1,546
Interest paid (33) (23) (80) (51) (134)
Interest, net (24) 286 277 779 1,412
Net cash used in operating activities (10,453) (7,870) (22,779) (17,320) (37,930)
Cash flows from investing activities:          
Purchase of property, plant and equipment (4,990) (528) (7,109) (878) (3,055)
Purchase of marketable securities (32,021)
Proceed from sale of marketable securities 1,847 13,551 15,740
Proceed from maturity of marketable securities 38,742
Net cash provided by (used in) investing activities (4,990) 1,319 6,442 14,862 3,666
Cash flows from financing activities:          
Receipt of grants from the IIA 147 167 200 167 224
Proceeds from secondary offering, net 63,860 (108) 63,860 (346) 37,140
Proceeds from issuance of shares, initial public offering (payment of issuance expenses), net (238)
Payment of lease liabilities (335) (324) (1,122) (764) (1,529)
Exercise of options 141 117 147 117 132
Net cash (used in) provided by financing activities 63,813 (148) 63,085 (826) 35,729
Exchange differences on balances of cash and cash equivalents (24) 28 52 90 101
Increase (decrease) in cash and cash equivalents 48,346 (6,671) 46,800 (3,194) 1,566
Cash and cash equivalents at beginning of period 40,292 43,749 41,838 40,272 40,272
Cash and cash equivalents at end of period 88,638 37,078 88,638 37,078 41,838
Significant non-cash transactions:          
Exercise of warrants liabilities to equity 2,924 2,924
Increase in other assets on credit (592) (592)
Purchase of property, plant and equipment on credit $ 960 $ (400) $ 960 $ (400) $ 1,255