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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net loss $ (95,735) $ (102,103)
Adjustments to reconcile net loss to net cash used in operating activities:    
Non-cash interest expense 1,804 2,245
Loss on issuance of convertible loans 0 53,967
Gain on disposal of property and equipment 0 (4)
Depreciation and amortization 2,114 2,155
Non-cash share-based compensation expense 2,691 0
Non-cash expense settled by issuance of commitment shares 3,000 0
Non-cash lease expense 250 0
Non-cash loss (gain) on foreign currency remeasurement 13,856 (96)
Loss on fair value of Advanced Subscription Agreements 0 4,632
Loss on fair value of derivative liability 0 14,869
Gain on fair value of warrant liabilities (10,863) 0
Loss on fair value of Forward Purchase Agreement 36,480 0
Gain on fair value of exchangeable right liability (9,994) 0
Changes in operating assets and liabilities:    
Accounts receivable (1,624) 79
Prepaid expenses and other current assets 4,127 2,795
Accounts payable 2,586 2,547
Operating lease liability (246) 0
Other assets (660) 0
Accrued expenses and other liabilities 7,527 (358)
Income tax provision (424) 0
Net cash used in operating activities (45,111) (19,272)
Investing activities    
Purchases of property and equipment (186) (251)
Development of internal software (1,409) (1,250)
Net cash used in investing activities (1,595) (1,501)
Financing activities    
Proceeds from issuance of convertible loans, net of transaction costs 0 16,222
Proceeds from issuance of common shares, net of transaction costs 3,284 0
Net proceeds from issuance of long-term debt 0 17,265
Payment of transaction costs (2,148) 0
Repayment of other loan 0 (84)
Proceeds from issuance of related party debt 0 35
Payment of deferred financing costs 0 (400)
Settlement of Forward Purchase Agreement 2,395 0
Repayment of related party debt 0 (10,000)
Net cash provided by financing activities 3,531 21,396
Effect of exchange rate changes on cash (2,117) 231
Net (decrease) increase in cash (45,292) 854
Cash at beginning of period 67,322 14,421
Cash at end of period 22,030 15,275
Non-cash financing and investing activities    
Property and equipment purchases in accounts payable 93 45
Transaction costs included in accounts payable and accrued expenses 6,329 0
Convertible notes issued through settlement of accounts payable and recognition of prepaid revenue share costs 0 4,832
Right-of-use asset obtained in exchange for new operating lease liability 3,326 0
Deferred offering costs included in accounts payable and accrued expenses 0 5,404
Convertible loans    
Financing activities    
Payment of issuance costs of convertible loans 0 (1,004)
Long-term debt    
Financing activities    
Payment of issuance costs of convertible loans $ 0 $ (638)