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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 59,172 $ 71,722
Marketable securities 145,803 149,680
Research and development tax credit receivable 3,108 3,326
Prepaid expenses and other current assets 34,231 38,726
Total current assets 242,314 263,454
Property and equipment, net 344 359
Operating lease right-of-use assets 2,427 2,604
Goodwill 16,836 16,836
Research and development tax credit receivable 3,303 3,445
Other non-current assets 27,717 24,939
Total assets 292,941 311,637
Current liabilities:    
Current portion of operating lease liability 484 474
Accounts payable 2,824 2,934
Accrued expenses 4,297 6,501
Other current liabilities 1,515 5,200
Total current liabilities 9,120 15,109
Long-term debt 141,461 128,210
Long-term operating lease liability 1,717 1,840
Other non-current liabilities 4,139 4,212
Total liabilities 156,437 149,371
Shareholders’ equity:    
Preferred shares, nominal value of $0.01 per share; 50,000 shares authorized; 488 issued and outstanding at March 31, 2021 and 488 issued and outstanding at December 31, 2020, respectively 5 5
Ordinary shares, nominal value of $0.01 per share; 500,000 shares authorized; 58,488 issued and outstanding at March 31, 2021 and 58,396 issued and outstanding at December 31, 2020 584 583
Additional paid-in capital 542,093 566,916
Accumulated deficit (383,872) (384,187)
Accumulated other comprehensive loss (22,306) (21,051)
Total shareholders’ equity 136,504 162,266
Total liabilities and shareholders’ equity $ 292,941 $ 311,637