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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 35,794 $ 31,167
Marketable securities 52,995 73,944
Accounts receivable, net 22,692 12,103
Inventories 11,928 10,380
Research and development tax credit receivable 1,293 1,322
Prepaid expenses and other current assets 11,333 5,286
Total current assets 136,035 134,202
Property and equipment, net 526 585
Operating lease right-of-use assets 2,374 2,591
Goodwill 16,836 16,836
Research and development tax credit receivable 360 332
Other non-current assets 11,768 10,152
Total assets 167,899 164,698
Current liabilities:    
Current portion of operating lease liability 953 934
Accounts payable 18,961 11,433
Accrued expenses 27,642 24,227
Other current liabilities 252 261
Total current liabilities 47,808 36,855
Long-term operating lease liability 1,449 1,690
Royalty financing obligation 34,333 32,760
Other non-current liabilities 5,925 5,654
Total liabilities 89,515 76,959
Shareholders’ equity:    
Preferred shares, nominal value of $0.01 per share; $50,000 shares authorized; zero issued and outstanding at March 31, 2024 and $5,194 issued and outstanding at December 31, 2023 0 52
Ordinary shares, nominal value of $0.01 per share; $500,000 shares authorized; $96,097 issued and outstanding at March 31, 2024 and $89,825 issued and outstanding at December 31, 2023 960 898
Additional paid-in capital 874,018 855,452
Accumulated deficit (772,838) (745,496)
Accumulated other comprehensive loss (23,756) (23,167)
Total shareholders’ equity 78,384 87,739
Total liabilities and shareholders’ equity $ 167,899 $ 164,698