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

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 23,640 $ 49,950
Short term deposits 230,483 0
Marketable securities 11,607 0
Short-term restricted cash 901 8
Trade receivables 513 2,506
Inventory 4,256 2,164
Prepaid expenses and other current assets 3,029 3,287
Total current assets 274,429 57,915
LONG-TERM ASSETS:    
Marketable securities 38,289 0
Restricted deposits 0 864
Other long-term assets 0 537
Property and equipment, net 14,502 13,245
Total long-term assets 52,791 14,646
Total assets 327,220 72,561
CURRENT LIABILITIES:    
Trade payables 5,764 7,751
Advances from customers and deferred revenues 196 1,661
Employees and payroll accruals 8,997 5,528
Accrued expenses and other current liabilities 6,708 2,579
Short-term loan and current maturities 0 275
Total current liabilities 21,665 17,794
LONG-TERM LIABILITIES:    
Loan, net of current maturities 0 2,224
Long-term advances from customers and deferred revenues 4,517 3,473
Other long-term liabilities 597 0
Warrants liability 1,639 0
Total long-term liabilities 6,753 5,697
CONVERTIBLE PREFERRED SHARES:    
Total convertible preferred shares 0 272,815
SHAREHOLDERS' EQUITY (DEFICIT):    
Ordinary Shares of no-par value: Authorized: 500,000,000 and 179,872,754 shares as of December 31, 2021 and 2020, respectively; Issued and outstanding: 134,098,120 and 16,948,226 shares as of December 31, 2021 and 2020, respectively 0 0
Additional paid-in capital 683,764 7,658
Accumulated deficit (384,962) (231,403)
Total shareholders' equity (deficit) 298,802 (223,745)
Total liabilities, convertible preferred shares and shareholders' equity (deficit) 327,220 72,561
Series A Convertible Preferred Shares [Member]    
CONVERTIBLE PREFERRED SHARES:    
Total convertible preferred shares 0 9,000
Series B Convertible Preferred Shares [Member]    
CONVERTIBLE PREFERRED SHARES:    
Total convertible preferred shares 0 66,348
Series B-1 Convertible Preferred Shares [Member]    
CONVERTIBLE PREFERRED SHARES:    
Total convertible preferred shares 0 12,500
Series C Convertible Preferred Shares [Member]    
CONVERTIBLE PREFERRED SHARES:    
Total convertible preferred shares 0 161,233
Series C-1 Convertible Preferred Shares [Member]    
CONVERTIBLE PREFERRED SHARES:    
Total convertible preferred shares $ 0 $ 23,734