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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities    
Net loss $ (95,491) $ (86,083)
Adjustment to reconcile net loss to net cash used in operating activities    
Depreciation 253 215
Equity-based compensation 6,526 8,059
Amortization of right of use lease asset 596 541
Foreign currency loss (gain) 3,589 (331)
Changes in operating assets and liabilities    
Prepaid expenses and other current assets (858) 1,568
Other non-current assets (29) (4)
Accounts payable 782 (126)
Lease liability (639) (604)
Accrued expenses and other current liabilities 2,924 5,028
Net cash used in operating activities (82,347) (71,737)
Cash flows from investing activities    
Purchase of property and equipment (44) (323)
Net cash used in investing activities (44) (323)
Cash flows from financing activities    
Proceeds from issuance of common shares and warrants   75,058
Common shares and warrants issuance costs   (3,198)
Net cash provided by financing activities   71,860
Net decrease in cash, cash equivalents and restricted cash (82,391) (200)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (771) 803
Cash, cash equivalents and restricted cash, beginning of year 143,461 142,858
Cash, cash equivalents and restricted cash, end of year 60,299 143,461
Components of cash, cash equivalents, and restricted cash    
Cash and cash equivalents 60,031 143,193
Restricted cash 268 268
Total cash, cash equivalents, and restricted cash $ 60,299 $ 143,461