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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (118,464) $ (91,505) $ (71,742)
Adjustments to reconcile net loss to net cash used in operating activities      
Depreciation and amortization 242 330 175
Non-cash interest 636 0 0
Loss on disposal of property and equipment 40 0 0
Non-cash (gain) loss on foreign currency remeasurement (2,617) 1,141 22
Non-cash share-based compensation 17,277 13,123 8,639
Non-cash lease expenses 2,027 2,126 1,797
Changes in operating assets and liabilities      
Prepaid expenses and other current assets 10,458 (28,760) (8,984)
Deferred and prepaid tax assets (1,661) (1,701) (877)
Long-term prepaid expenses and other assets (5,842) (307) (160)
Operating lease liabilities (1,959) (2,081) (1,880)
Accounts payable 864 2,497 (163)
Accrued expenses and other liabilities 1,623 (314) 5,428
Net cash used in operating activities (97,376) (105,451) (67,745)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property and equipment (66) (596) (334)
Proceeds from disposal of property and equipment 2 0 0
Net cash used in investing activities (64) (596) (334)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of ordinary shares, net of issuance costs 144,935 440 154,794
Proceeds from the issuance of shares under the employee share purchase plan 351 199 0
Payments of withholding tax on stock award (265) 0 0
Net proceeds from issuance of long-term debt 29,585 0 0
Payment of issuance cost of long-term debt (778) 0 0
Proceeds from exercise of share options 2 401 1,852
Net cash provided by financing activities 173,830 1,040 156,646
Effect of exchange rate changes on cash, cash equivalents and restricted cash 867 (24,959) (5,576)
Net increase/(decrease) in cash, cash equivalents and restricted cash 77,257 (129,966) 82,991
Cash, cash equivalents and restricted cash, beginning of the period 143,381 273,347 190,356
Cash, cash equivalents and restricted cash, end of the period 220,638 143,381 273,347
SUPPLEMENTAL CASH FLOW INFORMATION:      
Cash paid for interest 1,254 0 0
SUPPLEMENTAL NON-CASH TRANSACTIONS:      
Right-of-use assets obtained in exchange for new operating lease liabilities 4,184 783 5,562
Unpaid withholding tax on stock award recognized in accrued and other liabilities 0 85 0
Proceeds from exercise of options received and recorded in other current assets 0 0 53
Deferred issuance costs included in accrued expenses 0 0 856
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]      
Cash and cash equivalents 220,198 143,206 273,243
Short-term restricted cash 440 175 104
Total cash, cash equivalents and restricted cash 220,638 143,381 273,347
Long-term Debt Issuance      
SUPPLEMENTAL NON-CASH TRANSACTIONS:      
Issuance of warrants 687 0 0
Ordinary Shares Issuance      
SUPPLEMENTAL NON-CASH TRANSACTIONS:      
Issuance of warrants $ 2,011 $ 0 $ 0