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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (46,092) $ (41,528)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 123 84
Non-cash gain on foreign currency remeasurement 31 0
Change in fair value of convertible notes 0 1,754
Non-cash share-based compensation 5,857 16,617
Changes in operating assets and liabilities    
Prepaid expenses and other current assets (6,798) (3,685)
Deferred tax assets (631) 0
Other assets (168) (59)
Accounts payable 36 1,338
Accrued expenses and other liabilities 2,266 853
Net cash used in operating activities (45,376) (24,626)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (241) (104)
Purchase of investments 0 (492)
Net cash used in investing activities (241) (596)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of options 1,047 0
Proceeds of issuance of preferred shares, net of issuance costs 0 61,316
Proceeds of issuance of ordinary shares, net of issuance costs 154,794 132,823
Net cash provided by financing activities 155,841 194,139
Effect of exchange rate changes on cash, cash equivalents and restricted cash (6,517) 2,633
Net increase in cash, cash equivalents and restricted cash 103,707 171,550
Cash, cash equivalents and restricted cash, beginning of the period 190,356 24,984
Cash, cash equivalents and restricted cash, end of the period 294,063 196,534
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Proceeds from exercise of options which were not received and recorded in other current assets 21 0
Deferred issuance costs included in accrued expenses 234 0
Conversion of convertible notes into convertible preferred shares 0 21,614
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents 293,959 196,505
Restricted cash 104 29
Cash and cash equivalents $ 294,063 $ 196,534