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Consolidated statements of cash flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:          
Net loss $ (6,155) $ (8,313) $ (33,539) $ (36,061) $ (19,324)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:          
Depreciation and amortization 965 807 3,571 2,250 1,090
Amortization of discount on marketable securities (271)   (988)    
Stock-based compensation 2,762 1,746 8,899 11,648 1,403
Net loss (gain) from exchange rate fluctuations 194 (53) 65 (77) (225)
Loss from disposal of property and equipment       26  
Changes in assets and liabilities:          
User funds (7,928) (8,325) (16,209) (39,736)  
Other receivables 448 (1,247) (1,583) (143) 11
Trade payables (584) 511 240 808 (145)
Deferred revenue 1,010   3,248    
User accounts 7,138 8,325 13,277 7,542 9,142
Other account payables and accrued expenses 2,725 1,494 8,677 1,937 2,429
Non-current liabilities (2) 58 398 130 356
Net cash provided by (used in) operating activities 302 (4,997) (13,944) (51,676) (5,263)
Investing activities:          
Investment in marketable securities (36,786)   (214,306)    
Proceeds from maturities of marketable securities 37,088   104,990    
Acquisition of business, net of cash acquired* [1]   (9,967) (9,967) (2,676)  
Purchase of property and equipment (131) (177) (1,016) (767) (2,198)
Capitalization of internal-use software (285) (103) (739) (830) (1,199)
Other receivables and non-current assets 52 (122) (40) (142) 2,480
Bank deposits   (10,000) (15,000) 30,000 10,000
Restricted deposit       482 (4,000)
Net cash provided by (used in) investing activities (62) (20,369) (136,078) 26,067 5,083
Financing activities:          
Proceeds from initial public offering, net     113,350    
Proceeds from exercise of options 1,948 56 773 1,240 396
Proceeds from issuance of Protected ordinary shares, net   4,340 4,340 53,069  
Tax withholding in connection with employees' options exercises 2,272        
Payment of deferred issuance costs related to IPO   (405)      
Proceeds from a long-term loan         1,295
Repayment of a long-term loan (120) (112) (470) (421) (438)
Net cash provided by financing activities 4,100 3,879 117,993 53,888 1,253
Effect of exchange rate fluctuations on cash and cash equivalents (301) 168 245 (190) 627
Increase (decrease) in cash and cash equivalents 4,039 (21,319) (31,784) 28,089 1,700
Cash and cash equivalents at the beginning of the period 24,171 55,955 55,955 27,866 26,166
Cash and cash equivalents at the end of the period 28,210 34,636 24,171 55,955 27,866
Supplemental non-cash disclosure:          
Purchase of property and equipment 283 50 103 4 58
Stock-based compensation capitalized in internal-use software 8 19 110 11 32
Other expenses capitalized in internal-use software   84 219 54 106
Ordinary shares and Protected ordinary shares issuance costs     18 74  
Issuance of Protected ordinary shares for acquisition of business* [1]       1,640  
Exercise of options 44   84    
Deferred issuance costs related to IPO   1,680      
Contingent consideration* [1]   4,240 4,240    
Supplemental cash flow disclosure:          
Cash paid for taxes 12 6 36 146 309
Cash paid for interest $ 30 $ 34 $ 131 $ 148 $ 158
[1] *See note 3