| Mar'20 | Mar'19 | |||||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss attributable to ordinary shareholders | ||||||
-50,569 | -30,739 | |||||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation | ||||||
500 | 400 | |||||
Non-cash share-based compensation | ||||||
9,479 | 3,821 | |||||
Amortization of Strimvelis loss provision | ||||||
1,691 | 1,525 | |||||
Other non-cash adjustments | ||||||
-6,537 | -3,224 | |||||
Changes in operating assets and liabilities: | ||||||
Trade receivables | ||||||
-670 | -2,177 | |||||
Research and development tax credit receivable | ||||||
3,385 | 5,242 | |||||
Prepaid expenses, other current assets and other assets | ||||||
2,500 | -58 | |||||
Operating leases, right-of-use assets | ||||||
1,025 | 41 | |||||
Accounts payable, accrued expenses and other current liabilities | ||||||
-8,903 | -16,089 | |||||
Other long-term liabilities | ||||||
- | -499 | |||||
Operating lease liabilities | ||||||
-1,047 | 645 | |||||
Net cash used in operating activities | ||||||
-49,902 | -43,762 | |||||
Cash flows from investing activities: | ||||||
Proceeds from sales and maturities of marketable securities | ||||||
68,143 | - | |||||
Payment of construction deposit | ||||||
10,000 | - | |||||
Purchases of property and equipment | ||||||
1,329 | 529 | |||||
Net cash provided by (used in) investing activities | ||||||
56,814 | -529 | |||||
Cash flows from financing activities: | ||||||
Proceeds from exercise of share options | ||||||
1,438 | 5 | |||||
Net cash provided by financing activities | ||||||
1,438 | 5 | |||||
Effect of exchange rate changes on cash, cash equivalents, and restricted cash | ||||||
-303 | 3,852 | |||||
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||
8,047 | -40,434 | |||||
Supplemental disclosure of non-cash investing and financing activities | ||||||
Property and equipment included in accounts payable and accrued expenses | ||||||
382 | - | |||||
Lease assets obtained in exchange for new operating lease liabilities | ||||||
3,752 | - | |||||
Supplemental disclosure of cash flow information: | ||||||
Cash paid for interest | ||||||
485 | - | |||||