Unaudited Consolidated Statements of Profit or Loss and Other Comprehensive Income
(In thousands of USD, except per share amounts)
For the Nine-Month
Period Ended September 30, | For the Three-Month
Period Ended September 30, | For the Year
ended December 31, | ||||||||||||
2021 | 2020 | 2021 | 2020 | 2020 | ||||||||||
Revenues | 2,962 | 1,428 | 1,340 | 438 | 3,399 | |||||||||
Cost of revenues | 1,380 | 890 | 696 | 301 | 1,563 | |||||||||
Cost of revenues - amortization of intangible | 772 | 579 | 281 | 193 | 771 | |||||||||
Total cost of revenues | 2,152 | 1,469 | 977 | 494 | 2,334 | |||||||||
Gross profit (loss) | 810 | (41 | ) | 363 | (56 | ) | 1,065 | |||||||
Research and development expenses, net | 26,587 | 6,153 | 13,726 | 2,556 | 9,878 | |||||||||
Sales and marketing expenses | 15,023 | 4,224 | 6,301 | 2,475 | 6,597 | |||||||||
General and administrative expenses | 13,174 | 16,748 | 4,843 | 14,805 | 20,287 | |||||||||
Operating loss | (53,974 | ) | (27,166 | ) | (24,507 | ) | (19,892 | ) | (35,697 | ) | ||||
Finance income | 13,065 | 171 | 6,036 | 41 | 446 | |||||||||
Finance expense | 910 | 4,060 | 282 | 865 | 13,243 | |||||||||
Total comprehensive loss | (41,819 | ) | (31,055 | ) | (18,753 | ) | (20,716 | ) | (48,494 | ) | ||||
Taxes on income | 648 | - | 498 | - | - | |||||||||
Total comprehensive loss after tax | (41,171 | ) | (31,055 | ) | (18,255 | ) | (20,716 | ) | (48,494 | ) | ||||
Total comprehensive loss attributable to: | ||||||||||||||
Non-controlling interests | (18 | ) | - | (18 | ) | - | - | |||||||
Owners of the Company | (41,153 | ) | (31,055 | ) | (18,237 | ) | (20,716 | ) | (48,494 | ) | ||||
Basic loss per share (after 1:50 reverse split effective June 29, 2020) | (0.17 | ) | (1.11 | ) | (0.07 | ) | (0.45 | ) | (1.13 | ) | ||||