| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Jun'15 | Jun'14 | Jun'13 |
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net loss | ||||||
-137,165 | -95,514 | -70,138 | -71,579 | -22,058 | -11,601 | -8,740 |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||
Depreciation | ||||||
7,172 | 7,188 | 5,032 | 3,126 | 705 | 240 | 47 |
Amortization | ||||||
838 | 622 | 391 | 160 | 30 | 0 | 0 |
Share-based compensation expense | ||||||
11,053 | 16,202 | 10,804 | 8,821 | 7,078 | 332 | 178 |
Realized loss on available-for-sale debt securities | ||||||
13 | 2,473 | 646 | - | - | - | - |
Unrealized foreign exchange gains | ||||||
-1,076 | -9,747 | 8,599 | 1,314 | -13 | - | - |
Other | ||||||
-185 | 237 | 341 | 122 | - | - | - |
Changes in operating assets and liabilities: | ||||||
Increase in receivables and other operating assets | ||||||
1,436 | 5,162 | 7,346 | 6,533 | 7,812 | 1,481 | 299 |
Increase in non-current operating assets | ||||||
1,450 | -742 | -2,115 | -2,221 | - | - | - |
Increase (decrease) in payables and deferred revenue | ||||||
7,603 | -40,923 | 12,439 | 16,808 | -7,622 | 49,345 | -1,860 |
Net cash provided by (used in) operating activities | ||||||
-112,500 | -104,388 | -54,315 | -48,168 | -29,666 | 36,835 | -10,674 |
Acquisition of property, plant and equipment | ||||||
1,592 | 3,910 | 24,643 | 11,506 | 5,080 | 1,366 | 167 |
Acquisition of intangibles | ||||||
1,482 | 798 | 369 | 1,279 | - | - | - |
Proceeds from disposal of property, plant and equipment | ||||||
- | - | 550 | - | 122 | - | - |
Maturity of short-term deposits | ||||||
- | - | 40,625 | 73,377 | - | - | - |
Investment in short-term deposits | ||||||
- | - | 18,000 | 42,837 | 53,879 | - | - |
Maturity or redemption of marketable securities | ||||||
125,303 | 138,038 | 29,090 | - | - | - | - |
Investment in marketable securities | ||||||
27,284 | 150,787 | 153,334 | - | - | - | - |
Net cash (used in) provided by investing activities | ||||||
94,945 | -17,457 | -126,081 | 17,755 | -58,837 | -1,366 | -167 |
Cash flows from financing activities | ||||||
Proceeds from issuance of common stock, net of issuance costs of $979 and $nil | ||||||
- | 99,653 | 103,167 | - | - | 15,812 | 6,599 |
Proceeds from issuance of preferred shares, net of issuance costs of $4,949 | ||||||
- | - | - | - | 98,872 | - | - |
Proceeds from issuance of common stock upon initial public offering, net of issuance costs of $13,387 | ||||||
- | - | - | - | 175,989 | - | - |
Proceeds from exercise of stock options | ||||||
366 | 3,037 | 401 | 17 | - | 192 | - |
Net cash provided by financing activities | ||||||
366 | 102,690 | 103,568 | 17 | 274,861 | 14,714 | 7,889 |
Bank overdraft repaid | ||||||
- | - | - | - | - | -1,290 | 1,290 |
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash | ||||||
-372 | 3,335 | 2,328 | -5,579 | -8,491 | 996 | -161 |
Net increase (decrease) in cash and cash equivalents | ||||||
-17,568 | -15,820 | -74,500 | -35,975 | 177,867 | 51,179 | -3,113 |
Supplemental cash flow information | ||||||
Interest received | ||||||
3,426 | 3,114 | 1,784 | 1,191 | - | - | - |
Income taxes paid | ||||||
201 | 258 | 1,565 | 34 | 280 | - | - |
Deemed dividends | ||||||
- | - | - | - | 14,735 | - | - |
Allowance for tenant improvements | ||||||
- | - | - | 2,607 | - | - | - |