v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS – OPERATING ACTIVITIES    
Net loss $ (15,738) $ (12,107)
Depreciation and amortization 1,121 1,016
Stock-based compensation 1,625 1,014
Finance expense, net 11  
Changes in contingent considerations (282) 58
Loss from sale of property and equipment 24  
Other current assets 991 1,252
Trade account payables (763) (1,896)
Other account payables 417 (766)
Net change in operating leases (205) (28)
Related parties 50
Net cash used in operating activities (12,799) (11,407)
CASH FLOWS – INVESTING ACTIVITIES    
Investment in short-term deposits (387)
Proceeds from short-term deposits 19,851
Purchases of property and equipment (2,268) (469)
Proceeds from sale of property and equipment 4
Net cash provided by (used in) investing activities 17,587 (856)
CASH FLOWS – FINANCING ACTIVITIES    
Issuance of Common Stock under Open Market Sales Agreement, net of issuance costs 5,135
Outflows in connection with current assets and liabilities acquired in reverse recapitalization (75)
Exercise of stock options 101 158
Net cash provided by financing activities 5,236 83
Increase (decrease) in cash and cash equivalents and restricted cash 10,024 (12,180)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (11)
Cash and cash equivalents and restricted cash at the beginning of the period 37,240 72,410
Cash and cash equivalents and restricted cash at the end of the period 47,253 $ 60,230
Supplemental disclosure of non-cash investing    
Property and equipment purchases included in accounts payable and accrued expenses 1,016  
Recognition of operating lease ROU and liabilities $ 168  

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