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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 flow from operating activities:      
Net loss $ (200,824) $ (48,494) $ (8,353)
Adjustments:      
Depreciation and amortization 7,383 2,658 2,666
Impairment losses 140,290
Financing expenses (income), net (6,873) (60) 2,035
Revaluation of financial liabilities accounted at fair value (10,608) 12,825 (8,707)
Loss from disposal of property plant and equipment and right-of-use assets 567 18
Increase in deferred tax (5,013)
Share-based payments 29,782 20,501 439
Profit loss 155,528 35,924 (3,549)
Changes in assets and liabilities:      
Decrease (increase) in inventory 2,382 229 (442)
Decrease in other receivables (429) (556)
Increase (decrease) in trade receivables (449) 1,103 (503)
Increase in other payables 1,139 2,247 718
Increase (decrease) in trade payables 74 (99) (555)
Changes in assets and liabilities 2,717 2,924 (782)
Net cash used in operating activities (42,579) (9,646) (12,684)
Cash flow from investing activities:      
Investment in bank deposits net (416,019) (85,500)
Interest received 3,706 152
Change in restricted bank deposits (32) (60) (40)
Acquisition of property plant and equipment (9,761) (1,359) (601)
Proceeds from sale of property plant and equipment 4
Acquisition of subsidiary, net of cash acquired (74,574)
Net cash used in investing activities (496,680) (86,763) (641)
Cash flow from financing activities:      
Proceeds from issuance of Ordinary Shares, warrants and convertible notes, net 805,497 676,133 14,367
Exercise of warrants and options 212 2,837 282
Lease payments (1,494) (1,118) (1,095)
Proceeds from non-controlling interests 944
Repayment of bank loans (814)
Amounts recognized in respect of government grants liability, net (96) (126) (113)
Interest paid (70)
Net cash provided by financing activities 804,179 677,726 13,441
Increase in cash 264,920 581,317 116
Cash at beginning of the year 585,338 3,894 3,753
Effect of exchange rate fluctuations on cash 3,368 127 25
Cash at end of year 853,626 585,338 3,894
Non-cash transactions:      
Property plant and equipment acquired on credit 249 25
Conversion of convertible notes and warrants to equity 2,830 4,886 2,073
Acquisition of a right-of-use asset $ 1,919 $ 1,421 $ 1,624