| Dec'19 | Jun'19 | Dec'18 | ||||
|---|---|---|---|---|---|---|
CASH FLOWS - OPERATING ACTIVITIES | ||||||
Net Loss | ||||||
-20,563 | 347 | -12,720 | ||||
Adjustments required to reconcile cash flows used in operating activities: | ||||||
Depreciation and amortization | ||||||
318 | - | 210 | ||||
Share-based payment | ||||||
938 | - | 951 | ||||
Revaluation of contingent liabilities | ||||||
304 | - | 112 | ||||
Interest income on marketable securities held in Trust Account | ||||||
- | 886 | - | ||||
Unrealized loss on marketable securities held in Trust Account | ||||||
- | -5 | - | ||||
Deferred tax provision | ||||||
- | -1 | - | ||||
Changes in operating assets and liabilities: | ||||||
Other current assets | ||||||
1,845 | - | -187 | ||||
Prepaid expenses and other current assets | ||||||
- | 39 | - | ||||
Trade account payables | ||||||
3,060 | 233 | -228 | ||||
Other account payables | ||||||
836 | - | 358 | ||||
Operating lease liabilities | ||||||
-83 | - | - | ||||
Related parties | ||||||
-100 | - | 50 | ||||
Income taxes payable | ||||||
- | 136 | - | ||||
Net cash used in operating activities | ||||||
-17,577 | -204 | -11,304 | ||||
CASH FLOWS - INVESTING ACTIVITIES | ||||||
Decrease in short-term deposit | ||||||
21,052 | - | -29,901 | ||||
Purchase of property and equipment | ||||||
1,312 | - | 137 | ||||
Cash withdrawn from Trust Account to pay for income taxes | ||||||
- | 70,000 | - | ||||
Net cash used in investing activities | ||||||
19,740 | -70,000 | -30,038 | ||||
CASH FLOWS - FINANCING ACTIVITIES | ||||||
Issuance of preferred shares, net of issuance costs | ||||||
1,800 | - | 43,042 | ||||
Cash acquired in connection with the reverse recapitalization transaction, net | ||||||
59,673 | - | - | ||||
Acquisition of treasury stock | ||||||
19 | - | - | ||||
Exercise of stock options | ||||||
100 | - | - | ||||
Proceeds from sale of Units, net of underwriting discounts paid | ||||||
- | 69,500 | - | ||||
Proceeds from sale of Private Placement Warrants | ||||||
- | 1,160 | - | ||||
Proceeds from promissory notes - related party | ||||||
- | 565 | - | ||||
Repayment of promissory note - related party | ||||||
- | 105 | - | ||||
Payment of offering costs | ||||||
- | 219 | - | ||||
Net cash provided by financing activities | ||||||
61,554 | 70,900 | 43,042 | ||||
Decrease in cash and cash equivalents and restricted cash | ||||||
63,717 | - | 1,700 | ||||
Supplemental non-cash transactions: | ||||||
Recognition of right-of-use asset and lease liability upon adoption of ASU 2016-02 | ||||||
662 | - | - | ||||
Assets acquired under operating leases | ||||||
690 | - | - | ||||
Assets acquired (liabilities assumed) in reverse recapitalization transaction: | ||||||
Current assets (excluding cash and cash equivalents) | ||||||
-88 | - | - | ||||
Current liabilities | ||||||
364 | - | - | ||||
Reverse recapitalization effect on equity | ||||||
59,397 | - | - | ||||
Cash acquired in connection with reverse recapitalization transaction | ||||||
59,673 | - | - | ||||
Net Change in Cash and Cash Equivalents | ||||||
- | 696 | - | ||||
Change in value of common stock subject to redemption | ||||||
- | 65,399 | - | ||||
Offering costs included in accrued offering costs | ||||||
- | 348 | - | ||||