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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss $ (34,104) $ (23,438)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation expense 6,396 3,440
Depreciation and amortization 665 615
Non-cash interest 223  
Changes in operating assets and liabilities:    
Accounts receivable 5,544 (332)
Research and development incentives receivable (4,982) (4,446)
Prepaid expenses and other current assets 278 267
Operating lease right-of-use assets (2,229) 374
Other assets (554) (292)
Accounts payable 2,225 1,325
Accrued expenses and other current liabilities (603) 2,050
Operating lease liabilities 2,296 4
Deferred revenue (1,549) 29,013
Other long-term liabilities 317 233
Net cash (used in) provided by operating activities (26,077) 8,813
Cash used in investing activities:    
Purchases of property and equipment (794) (621)
Net cash used in investing activities (794) (621)
Cash flows from financing activities:    
Proceeds from the issuance of ADSs, net of issuance costs 72,752  
Proceeds from the exercise of share options and sale of ordinary shares 1,859 11
Proceeds from issuance of debt 15,000  
Proceeds from the exercise of warrants   1
Net cash provided by financing activities 89,611 12
Effect of exchange rate changes on cash 8 (3,411)
Net increase in cash 62,748 4,793
Cash at beginning of period 135,990 92,117
Cash at end of period 198,738 96,910
Supplemental disclosure of cash flow information    
Cash paid for interest 1,074  
Cash paid for income taxes 53 38
Public offering costs accrued but not paid   274
Cash paid for amounts included in the measurement of operating lease liabilities 200 406
Purchases of property and equipment included in accounts payable and accrued expenses $ 36 $ 12