XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 17,531 $ 30,776
Investments in marketable short-term securities 116,649 116,137
Accounts receivable 2,171 1,352
Prepaid expenses and other current assets 5,256 2,874
Total current assets 141,607 151,139
Property and equipment, net of accumulated depreciation of $11,541 (December 31, 2022: $10,801) 5,033 5,070
Investments in marketable securities, non-current 10,496 37,363
Right of use asset 1,502 1,744
Other non-current assets 3 103
Total assets 158,641 195,419
Current liabilities:    
Accounts payable and accrued liabilities 9,806 16,029
Deferred license revenue, current 12,106 16,456
Lease liability, current 412 372
Total current liabilities 22,324 32,857
Liability related to sale of future royalties 8,110 10,365
Contingent consideration 7,373 7,531
Deferred license revenue, non-current 0 5,999
Lease liability, non-current 1,497 1,815
Total liabilities 39,304 58,567
Stockholders’ equity    
Issued and outstanding: 167,695,247 (December 31, 2022: 157,455,363) 1,346,015 1,318,737
Additional paid-in capital 79,546 72,406
Deficit (1,257,340) (1,203,803)
Accumulated other comprehensive loss (48,884) (50,488)
Total stockholders’ equity 119,337 136,852
Total liabilities and stockholders’ equity $ 158,641 $ 195,419