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Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows From Operating Activities    
Net loss $ (89,362) $ (76,228)
Adjustment to reconcile net loss to net cash from operating activities:    
Depreciation and amortization 261 612
Accrued financing on prepaid forward obligation 9,013 8,714
(Accretion) on marketable securities (1,555) (622)
Share-based compensation 9,805 6,732
Amortization of discount on long-term debt (1,330) 981
Amortization of right of use assets 619 669
Changes in operating assets and liabilities:    
Inventory (1,921) (677)
Accounts receivable, net (7,359) (143)
Prepaid expenses and other current assets (3,772) (4,937)
Other non-current assets 1,668 690
Accounts payable and accrued expenses 3,147 1,700
Employee related accrued expenses (1,785) (105)
Lease liabilities (626) (766)
Restricted deposit 50 0
Net cash used in operating activities (83,147) (63,380)
Cash Flows From Investing Activities    
Purchases of marketable securities (118,794) (35,009)
Maturities of marketable securities 37,740 45,538
Purchases of property and equipment (180) (138)
Net cash (used in) provided by investing activities (81,234) 10,391
Cash Flows From Financing Activities    
Proceeds from exercise of options into ordinary shares 250 833
Proceeds from issuance of long-term debt 24,488 0
Proceeds from pre-funded warrant issuance, net of issuance costs 18,641 48,700
Proceeds from ordinary shares issuance, net of issuance costs 151,169 67,358
Net cash provided by financing activities 194,548 116,891
Increase (Decrease) in Cash and Cash Equivalents 30,167 63,902
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 95,822 56,220
Cash, Cash Equivalents and Restricted Cash at End of Period 125,989 120,122
Supplemental Disclosures of Non-Cash Activities    
Right of use assets obtained in exchange for new operating lease liabilities $ 0 $ 122