| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | ||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss | ||||||
-11,324 | -4,406 | -9,482 | -10,217 | -6,503 | ||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Share-based compensation expense | ||||||
2,121 | 1,083 | 819 | 905 | 276 | ||
Depreciation and amortization | ||||||
305 | 274 | 243 | 230 | 213 | ||
Change in fair value of warrant liability | ||||||
0 | 0 | 0 | 2,184 | 3,197 | ||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
846 | 155 | -109 | -95 | -4,860 | ||
Research and development incentives receivable | ||||||
2,097 | -4,430 | 1,295 | 1,868 | 1,650 | ||
Prepaid expenses and other current assets | ||||||
-347 | 1,085 | 1,578 | -155 | 215 | ||
Operating lease right-of-use assets | ||||||
-187 | -184 | -176 | -176 | -176 | ||
Other assets | ||||||
215 | 181 | 92 | 249 | -125 | ||
Accounts payable | ||||||
2,702 | -296 | -14 | 115 | 415 | ||
Accrued expenses and other current liabilities | ||||||
-464 | -241 | 367 | -195 | -783 | ||
Lease liabilities | ||||||
191 | -183 | -175 | -175 | -176 | ||
Deferred revenue | ||||||
30,103 | -4,793 | -173 | 998 | -5,327 | ||
Other long-term liabilities | ||||||
152 | 450 | 210 | 238 | 191 | ||
Net cash provided by (used in) operating activities | ||||||
21,162 | -4,919 | -10,885 | -7,608 | -5,201 | ||
Cash used in investing activities: | ||||||
Purchases of property and equipment | ||||||
320 | 391 | 283 | 463 | 418 | ||
Net cash used in investing activities | ||||||
-320 | -391 | -283 | -463 | -418 | ||
Cash flows from financing activities: | ||||||
Payments of initial public offering costs | ||||||
- | - | - | - | 1,300 | ||
Proceeds from the exercise of share options and sale of ordinary shares | ||||||
2 | - | - | - | - | ||
Net cash provided by financing activities | ||||||
2 | 122 | -811 | 59,095 | 34 | ||
Effect of exchange rate changes on cash | ||||||
-3,324 | 1,351 | -603 | -1,852 | 1,569 | ||
Net increase (decrease) in cash | ||||||
17,520 | -3,837 | -12,582 | 49,172 | -4,016 | ||
Supplemental disclosure of cash flow information | ||||||
Cash paid for income taxes | ||||||
11 | - | - | - | - | ||
Cash paid for amounts included in the measurement of operating lease liabilities | ||||||
- | 444 | 0 | 223 | 224 | ||
Purchases of property and equipment included in accounts payable and accrued expenses | ||||||
71 | - | - | - | - | ||
Deferred initial public offering costs accrued but not paid | ||||||
- | - | - | - | 431 | ||
Series B2 Convertible Preferred Shares | ||||||
Proceeds from issuance of convertible preferred shares, net of issuance costs | ||||||
- | - | - | - | 1,334 | ||