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Consolidated Balance Sheets
SFr in Thousands, $ in Thousands
Sep. 30, 2016
USD ($)
Sep. 30, 2016
CHF (SFr)
Dec. 31, 2015
USD ($)
Dec. 31, 2015
CHF (SFr)
Current assets:        
Cash $ 228,613   $ 155,961  
Accounts receivable, including related party amounts of $459 and $0 as of September 30, 2016 and December 31, 2015, respectively (see Note 13) 2,092   339  
Prepaid expenses and other current assets 946   540  
Total current assets 231,651   156,840  
Property and equipment, net 3,862   1,328  
Equity method investment 35,686      
Intangible assets, net 413   454  
Restricted cash 3,153   700  
Other non-current assets 3,888   101  
Total assets 278,653   159,423  
Current liabilities:        
Accounts payable 1,943   1,584  
Accrued expenses 12,402   8,430  
Accrued tax liabilities 82   81  
Deferred gain 63,608      
Other current liabilities 62   60  
Total current liabilities 78,097   10,155  
Convertible loan, including accrued interest of $0 and $97 as of September 30, 2016 and December 31, 2015, respectively     38,336  
Deferred revenue 76,949   75,090  
Other non-current liabilities 574   445  
Total liabilities 155,620   124,026  
Commitments and contingencies (Note 7)
Shareholders' deficit:        
Common shares, CHF 0.03 par value, 5,662,126 shares authorized and issued, and 5,307,845 shares outstanding, and 5,528,079 shares authorized, issued and outstanding in share capital at September 30, 2016 and December 31, 2015, respectively; 38,453,593 and 2,444,364 shares in conditional capital at September 30, 2016 and December 31, 2015, respectively 174   181  
Treasury shares, at cost; 274,184 shares at September 30, 2016 and no shares at December 31, 2015 0 SFr 0 0 SFr 0
Additional paid-in capital 11,553   4,636  
Accumulated deficit (74,182)   (33,906)  
Accumulated other comprehensive loss (26)   (8)  
Total CRISPR Therapeutics AG shareholders' deficit (62,481)   (29,097)  
Noncontrolling interest (51)   (27)  
Total shareholders' deficit (62,532)   (29,124)  
Total liabilities, redeemable convertible preferred shares and shareholders' deficit 278,653   159,423  
Series A-1 Redeemable Convertible Preferred Shares [Member]        
Redeemable convertible preferred shares:        
Redeemable convertible preferred shares 1,169   1,169  
Series A-2 Redeemable Convertible Preferred Shares [Member]        
Redeemable convertible preferred shares:        
Redeemable convertible preferred shares 10,394   10,394  
Series A-3 Redeemable Convertible Preferred Shares [Member]        
Redeemable convertible preferred shares:        
Redeemable convertible preferred shares 45,368   22,518  
Series B Redeemable Convertible Preferred Shares [Member]        
Redeemable convertible preferred shares:        
Redeemable convertible preferred shares $ 128,634   $ 30,440