General form of registration statement for all companies including face-amount certificate companies

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - ION (Unaudited)

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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - ION (Unaudited) - USD ($)
 1 Months Ended 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2021
Mar. 31, 2021
Jun. 30, 2021
Sep. 30, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:            
Net loss         $ (3,854,000) $ (812,000)
Adjustments to reconcile net loss to net cash used in operating activities:            
Fair Value Adjustment of Warrants         3,191,000 86,000
Non-cash interest expense           22,000
Changes in operating assets and liabilities:            
Prepaid expenses and other current asset         (1,587,000) 78,000
Net cash used in operating activities         3,046,000 (4,159,000)
Cash Flows from Investing Activities:            
Net cash used in investing activities         (1,944,000) (948,000)
Cash Flows from Financing Activities:            
Net cash provided by financing activities         (2,277,000) 9,002,000
(Decrease)/ increase in cash, cash equivalents and restricted cash         (1,175,000) 3,895,000
Cash, cash equivalents and restricted cash at the beginning of the year     $ 16,092,000 $ 16,092,000 16,092,000 12,197,000
Cash, cash equivalents and restricted cash at the end of the year $ 16,092,000 $ 14,917,000     14,917,000 16,092,000
ION Acquisition Corp 2 LTD            
Cash Flows from Operating Activities:            
Net loss (5,000) (1,548,638) (1,880,581)   (4,168,087)  
Adjustments to reconcile net loss to net cash used in operating activities:            
Interest earned on marketable securities held in Trust Account         (42,687)  
Unrealized loss on marketable securities held in Trust Account   122     122  
Transactions costs attributed to warrants liabilities         299,770  
Fair Value Adjustment of Warrants         (425,349)  
Payment of formation costs through issuance of Class B ordinary shares 5,000          
Changes in operating assets and liabilities:            
Prepaid expenses and other current asset         (525,677)  
Accounts payable and accrued expenses         3,230,476  
Net cash used in operating activities 0       (1,631,432)  
Cash Flows from Investing Activities:            
Investment of cash in Trust Account         (253,000,000)  
Net cash used in investing activities         (253,000,000)  
Cash Flows from Financing Activities:            
Proceeds from sale of Units, net of issuance costs         247,940,000  
Proceeds from sale of Private Placement Warrants         7,060,000  
Proceeds from promissory note - related party         70,000  
Repayment of promissory note - related party         (75,000)  
Payment of offering costs         (179,561)  
Net cash provided by financing activities         254,815,439  
(Decrease)/ increase in cash, cash equivalents and restricted cash 0       184,007  
Cash, cash equivalents and restricted cash at the beginning of the year 0   0 0 0  
Cash, cash equivalents and restricted cash at the end of the year 0 184,007     184,007 0
Non-cash Investing and Financing Activities:            
Offering costs included in accrued offering costs         318,589  
Initial classification of Class A ordinary shares subject to possible redemption     $ 253,000,000 $ 253,000,000 253,000,000  
Deferred underwriting fee payable 8,855,000       8,855,000  
Deferred offering costs 140,778 $ 8,855,000     $ 8,855,000 $ 140,778
Deferred offering costs paid by Sponsor in exchange for the issuance of Class B ordinary shares 20,000          
Deferred offering costs paid through promissory note - related party $ 5,000