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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income / (loss) $ (18,223) $ 2,574
Adjustments to reconcile net income / (loss) to net cash used in operating activities:    
Share based compensation 2,222 3,984
Depreciation and amortization 1,221 966
Non-cash lease expenses 279 228
Non-cash gain on foreign currency remeasurement and other non-cash adjustments 3,504  
Change in contingent consideration 85 143
Deferred tax benefit (516) (863)
Other non-cash expenses   12
Changes in operating assets and liabilities:    
Accounts receivable (including related parties) 4,961 (18,352)
Prepaid expenses and other current assets 4,090 (1,121)
Research and development incentives receivable 2,102 1,300
Accounts payable (1,707) 1,739
Accrued expenses and other current liabilities (1,315) 2,830
Deferred revenue   (15)
Other assets 123 (4)
Net cash used in operating activities (3,174) (6,579)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (2,507) (1,092)
Net cash used in investing activities (2,507) (1,092)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issue of shares from the exercise of stock options [1] 0 0
Proceeds from issue of ordinary shares 1,789  
Payment of contingent consideration (100)  
Repayment of debt   (159)
Net cash provided by/(used in) financing activities 1,689 (159)
EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS 935 (5,628)
Net (decrease) in cash and cash equivalents (3,057) (13,458)
Cash and cash equivalents, beginning of the period 194,385 214,054
Cash and cash equivalents, end of the period 191,328 200,596
Supplemental cash flow disclosures:    
Cash paid for interest [1] 0  
Cash paid for income taxes [1] 0  
Non-Cash investing and financing activities    
Issue of ordinary shares [1] 0  
Capital expenditures included in accounts payable and accrued expenses 2,247 1,365
Asset retirement obligation 282 443
Changes to right-of-use asset resulting from lease reassessment event $ 4 $ (36)
[1] Indicates amounts less than thousand