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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities        
Net loss     $ (35,699) $ (42,107)
Adjustment to reconcile net loss to net cash used in operating activities        
Depreciation     19 1
Equity-based compensation     2,978 9
Fair value adjustments preference shares tranche obligations   $ 29,460   29,460
Amortization of right of use lease asset     212  
Foreign currency loss (gain) $ 286 (155) 305 (292)
Changes in operating assets and liabilities        
Prepaid expenses and other current assets     1,368 (3,180)
Accounts payable     613 1,174
Lease liability     (20)  
Accrued expenses and other current liabilities     (3,631) 1,700
Net cash used in operating activities     (33,855) (13,235)
Cash flows from investing activities        
Purchase of property and equipment     (223)  
Net cash used in investing activities     (223)  
Cash flows from financing activities        
Proceeds from issuance of preference shares       65,748
Preference shares issuance costs       (340)
Net cash provided by financing activities       65,408
Net increase (decrease) in cash, cash equivalents and restricted cash     (34,078) 52,173
Effect of exchange rate changes on cash, cash equivalents and restricted cash     (7,331) (825)
Cash, cash equivalents and restricted cash, beginning of period     211,799 3,405
Cash, cash equivalents and restricted cash, end of period 170,390 54,753 170,390 54,753
Components of cash, cash equivalents, and restricted cash        
Cash and cash equivalents 170,122 54,753 170,122 54,753
Restricted cash 268   268  
Total cash, cash equivalents and restricted cash $ 170,390 $ 54,753 $ 170,390 $ 54,753