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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 184,497 $ 147,161
Current portion of accounts receivable 30,000 20,000
Prepaid expenses 10,434 9,626
Other current assets 5,111 8,689
Total current assets 230,042 185,476
Long-term assets:    
Accounts receivable, net of current portion   30,000
Property and equipment, net 29,198 36,368
Operating lease right-of-use assets 16,232 18,101
Restricted cash 3,651 3,647
Other assets 115 10,658
Total long-term assets 49,196 98,774
Total assets 279,238 284,250
Current liabilities:    
Accounts payable 13,795 9,073
Accrued expenses and other current liabilities 11,971 16,185
Current portion of deferred revenue 91,560 89,652
Current portion of operating lease liability 3,714 3,243
Total current liabilities 121,040 118,153
Long-term liabilities:    
Deferred revenue, net of current portion 41,481 63,466
Operating lease liability, net of current portion 25,591 29,304
Other liabilities 474 1,721
Total long-term liabilities 67,546 94,491
Total liabilities 188,586 212,644
Series A preferred shares, no par value; 3,901,348 shares issued and outstanding at December 31, 2020 and 2019 7,874 7,874
Shareholders’ equity:    
Ordinary shares, no par value; 48,778,678 and 34,340,690 shares issued and outstanding at December 31, 2020 and 2019, respectively 694,085 539,547
Additional paid-in capital 71,573 57,277
Accumulated other comprehensive income 389 267
Accumulated deficit (683,269) (533,359)
Total shareholders’ equity 82,778 63,732
Total liabilities, Series A preferred shares and shareholders’ equity $ 279,238 $ 284,250