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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 102,174 $ 9,774
Marketable securities 136,380 54,384
Accounts receivable 5,692 8,281
Inventories 0 3,570
Research and development tax credit receivable 0 2,107
Prepaid expenses and other current assets 32,773 4,264
Total current assets 277,019 82,380
Property and equipment, net 407 544
Operating lease right-of-use assets 3,117 3,612
Goodwill 16,836 18,491
Intangible assets, net 0 813
Research and development tax credit receivable 6,407 6,322
Other non-current assets 37,615 39,274
Total assets 341,401 151,436
Current liabilities:    
Current portion of long-term contingent consideration payable 1,914 5,554
Current portion of operating lease liability 563 645
Accounts payable 4,879 6,100
Accrued expenses 15,820 19,810
Income taxes 354 43
Other current liabilities 3,488 3,832
Total current liabilities 27,018 35,984
Long-term debt 124,879 121,686
Long-term contingent consideration payable, less current portion 0 11,773
Long-term operating lease liability 2,087 2,319
Other non-current liabilities 5,292 8,873
Total liabilities 159,276 180,635
Shareholders’ equity (deficit):    
Preferred shares, nominal value of $0.01 per share; 50,000 shares authorized; 488 issued and outstanding at June 30, 2020 and none issued and outstanding at December 31, 2019, respectively 5 0
Ordinary shares, nominal value of $0.01 per share; 500,000 shares authorized; 63,536 issued and 58,129 outstanding at June 30, 2020 and 42,927 issued and 37,520 outstanding at December 31, 2019 635 429
Treasury shares, at cost, 5,407 shares held at June 30, 2020 and December 31, 2019, respectively (49,998) (49,998)
Additional paid-in capital 615,207 434,391
Accumulated deficit (361,206) (391,215)
Accumulated other comprehensive loss (22,518) (22,806)
Total shareholders’ equity (deficit) 182,125 (29,199)
Total liabilities and shareholders’ equity (deficit) $ 341,401 $ 151,436