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UNAUDITED CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows (used in) from operating activities    
Net loss $ (6,959) $ (5,644)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 580 474
Share-based compensation 1,094 378
Unrealized foreign exchange loss 3,194 1,694
Income tax expense 129 43
Finance income, net (19) (2)
Changes in non-cash working capital items:    
Trade and other receivables (4,087) 1,260
Prepaids and deposits (968) (4,177)
Contract costs (3,015) (349)
Trade and other payables 1,220 1,371
Employee benefit obligations 110 172
Deferred revenue 6,749 2,597
Cash used in operating activities (1,972) (2,183)
Cash flows used in investing activities    
Purchase of property and equipment (303) (171)
Acquisition of business, net of cash acquired (1,071) 0
Cash used in investing activities (1,374) (171)
Cash flows (used in) from financing activities    
Payments received on net investment in finance lease 21 25
Repayment of lease obligations (345) (308)
Interest received 103 90
Proceeds from exercise of stock options 20 103
Proceeds from share issuance under ESPP 304 0
Repayment of borrowings 0 (7)
Cash from (used in) financing activities 103 (97)
Net change in cash and cash equivalents during the period (3,243) (2,451)
Effect of foreign exchange on cash and cash equivalents (98) 177
Cash and cash equivalents, beginning of the period 215,323 219,658
Cash and cash equivalents, end of the period $ 211,982 $ 217,384