INNOVIZ TECHNOLOGIES LTD.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW

U.S. dollars in thousands

Three Months Ended March 31,

2020

2021

(Unaudited)

Supplementary disclosure of cash flows activities:

(1)      Cash received during the period for:

Interest

$

78

$

-

(2)      Cash paid during the period for:

Interest

$

23

$

22

Income taxes

$

70

$

37

(3)      Non-cash transactions:

Non-marketable securities in consideration for property and equipment

$

21

$

69

Deferred issuance costs

$

-

$

26,206

(4)      Cash, cash equivalents and restricted cash at end of the period

Cash and cash equivalents

$

54,623

$

199,092

Short-term restricted deposits

8

8

Restricted deposits

725

779

Cash, cash equivalents and restricted cash at end of the period

$

55,356

$

199,879