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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 104,735 $ 58,064
Short-term marketable securities 333,605 222,767
Receivables from collaborative arrangements 11,413 11,996
Receivables from licensing arrangements   10,000
Amounts due from TRC, LLC 35,509 28,574
Other prepaid and current assets 13,124 7,087
Total current assets 498,386 338,488
Property and equipment, net 14,433 12,644
Long-term marketable securities   4,985
Operating lease assets 45,184 46,604
Tax receivable 3,986 3,682
Restricted cash 833 833
Other assets 1,508 1,590
Total assets 564,330 408,826
Current liabilities:    
Accounts payable 10,065 4,758
Accrued personnel-related expenses 26,757 28,180
Accrued clinical and development expenses 25,229 17,587
Accrued interest payable 3,702 5,659
Non-recourse notes due 2033, net   9,851
Operating lease liabilities 8,741 7,762
Deferred revenue 25,062 31,575
Other accrued liabilities 7,018 6,331
Total current liabilities 106,574 111,703
Convertible senior notes due 2023, net 226,427 225,890
Non-recourse notes due 2035, net 375,266  
Non-recourse notes due 2033, net   219,300
Long-term operating lease liabilities 47,631 47,725
Long-term deferred revenue 1,154 6,761
Other long-term liabilities 9,614 21,287
Commitments and contingencies
Shareholders' Deficit    
Preferred shares, $0.00001 par value: 230 shares authorized, no shares issued or outstanding 0 0
Ordinary shares, $0.00001 par value: 200,000 shares authorized; 63,515 and 57,015 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 1 1
Additional paid-in capital 1,191,923 1,024,614
Accumulated other comprehensive income 280 145
Accumulated deficit (1,394,540) (1,248,600)
Total shareholders' deficit (202,336) (223,840)
Total liabilities and shareholders' deficit $ 564,330 $ 408,826