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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 340,433 $ 339,154
Accounts receivable 45,090 2,045
Prepaid expenses and other current assets 10,023 9,022
Research and development incentives receivable 12,884 19,162
Total current assets 408,430 369,383
Property and equipment, net 17,572 19,110
Operating lease right-of-use assets 16,022 13,658
Other assets 12,146 8,458
Total assets 454,170 410,609
Current liabilities:    
Accounts payable 5,250 6,472
Accrued expenses and other current liabilities 37,262 26,452
Deferred revenue, current portion 29,754 20,418
Total current liabilities 72,266 53,342
Long-term debt, net of discount 30,513 30,315
Operating lease liabilities, net of current portion 11,881 10,885
Deferred revenue, net of current portion 115,083 41,455
Other longterm liabilities 4,330 3,829
Total liabilities 234,073 139,826
Commitments and contingencies (Note 11)
Shareholders' equity:    
Ordinary shares, 0.01 nominal value; 59,612,613 and 57,820,181 shares authorized at June 30, 2023 and December 31, 2022, respectively; 30,585,940 and 29,873,893 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 396 387
Additional paid-in capital 633,341 601,105
Accumulated other comprehensive (loss) income (877) 387
Accumulated deficit (412,763) (331,096)
Total shareholders' equity 220,097 270,783
Total liabilities and shareholders' equity $ 454,170 $ 410,609