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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income (loss) $ (24,948) $ 8,493 $ (28,025)
Adjustments to reconcile net income (loss) to net cash flows provided by operating activities:      
Depreciation and amortization 53,111 33,957 39,364
Share based compensation expenses 127,957 28,277 8,249
Net gain from financing (income) (2,320) (3,318) (454)
Revaluation of warrants liability (22,656) 0 0
Accrued interest, net 0 520 (161)
Amortization of loan issuance cost 402 0 0
Changes in operating assets and liabilities, net of business combinations:      
Increase in trade receivables (40,113) (3,294) (15,326)
Decrease (increase) in prepaid expenses and other current assets and long-term prepaid expenses (64,923) 17,975 (24,757)
Increase in trade payables 23,862 23,434 31,622
Increase in accrued expenses and other current liabilities 16,182 34,344 5,224
Decrease in deferred taxes, net (1,581) (3,380) (239)
Change in operating lease right of use assets 14,529 13,758 12,452
Change in operating lease liabilities (15,981) (11,679) (9,893)
Net cash provided by operating activities 63,521 139,087 18,056
Cash flows from investing activities:      
Purchase of property and equipment, including capitalized internal-use software (39,070) (17,774) (44,328)
Cash paid in connection with acquisitions, net of cash received (583,457) (202) (3,966)
Proceeds from (investment in) restricted deposits 2,067 (104) (583)
Proceeds from (investment in) short-term deposits 0 28,963 1,411
Net cash provided by (used in) investing activities (620,460) 10,883 (47,466)
Cash flows from financing activities:      
Exercise of options and vested RSUs 10,018 2,603 991
Issuance of share, net of offering costs 285,378 0 0
Payments of tax withholding for share based compensation (6,152) 0 0
Issuance of Warrants 53,883 0 0
Proceeds from long-term loan, net of debt issuance cost 288,750 0 0
Repayment of current portion of long-term loan (750) 0 0
Net cash provided by financing activities 631,127 2,603 991
Exchange differences on balances of cash and cash equivalents 2,320 3,318 454
Increase (decrease) in cash and cash equivalents 76,508 155,891 (27,965)
Cash and cash equivalents - at the beginning of the period 242,811 86,920 114,885
Cash and cash equivalents - at end of the period 319,319 242,811 86,920
Cash paid during the year for:      
Income taxes 15,475 9,980 7,947
Interest 1,125 715 0
Non-cash investing and financing activities:      
Deferred offering costs incurred during the period included in the long-term prepaid expenses 0 2,096 0
Purchase of property, plant and equipment and intangible assets 1,120 1,879 3,139
Acquisition of Celltick activity 0 0 202
Creation of operating lease right-of-use assets 4,520 14,635 5,592
Fair value of ordinary shares issued as consideration of the acquisition 157,689 0 0
Share based compensation included in capitalized internal-use software $ 783 $ 0 $ 0