Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Revenues (2020 revenues net of issuance of Preferred C-1 Shares in the amount of $14,800, see note 2h) $ (9,364) $ 1,575 $ 62
Cost of revenues (6,407) (1,986) (53)
Gross profit (loss) (15,771) (411) 9
Operating expenses:      
Research and development 57,029 59,376 48,319
Selling and marketing 5,430 6,481 5,511
General and administrative 3,753 3,190 2,440
Total operating expenses 66,212 69,047 56,270
Operating loss (81,983) (69,458) (56,261)
Financial income (expenses), net 655 2,167 (107)
Loss before taxes on income (81,328) (67,291) (56,368)
Taxes on income (183) (10) (32)
Net loss $ (81,511) $ (67,301) $ (56,400)
Basic and diluted net loss per ordinary share $ (5.99) $ (5.22) $ (4.14)
Weighted average number of ordinary shares used in computing basic and diluted net loss per ordinary share 16,514,910 15,524,845 15,039,814