Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.20.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS – OPERATING ACTIVITIES    
Net loss $ (20,942) $ (11,263)
Adjustments required to reconcile cash flows used in operating activities    
Depreciation and amortization 1,618 259
Share-based compensation 2,128 880
Revaluation of contingent liabilities 116 20
Changes in operating assets and liabilities:    
Other receivables 1,318 21
Trade account payables (1,877) (119)
Other account payables 218 (151)
Operating lease liabilities 46
Related party 50 (150)
Net cash used in operating activities (17,325) (10,503)
CASH FLOWS – INVESTING ACTIVITIES    
Decrease (Increase) in short-term deposits (387) 12,618
Purchase of property and equipment (662) (987)
Net cash provided by (used in) investing activities (1,049) 11,631
CASH FLOWS – FINANCING ACTIVITIES    
Issuance of preferred shares, net   1,800
Outflows in connection with current assets and liabilities acquired in Recapitalization Transaction (75)
Exercise of stock options 196 43
Net cash provided by financing activities 121 1,843
Increase (decrease) in cash and cash equivalents and restricted cash (18,253) 2,971
Cash and cash equivalents and restricted cash at the beginning of the period 72,410 8,693
Cash and cash equivalents and restricted cash at the end of the period 54,157 11,664
Supplemental non-cash transactions:    
Recognition of right-of-use asset and lease liability upon adoption of ASU 2016-02 645
Assets acquired under operating leases $ 3,551 $ 599