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Condensed Consolidated Statements of Cash Flows
$ in Thousands
9 Months Ended
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Cash flows from operating activities:    
Net loss $ (131,565) $ (82,739)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation expense 24,665 21,239
Depreciation and amortization 4,892 2,303
Non-cash interest 289 359
Deferred income tax provision (benefit) 3,588 (2,640)
Changes in operating assets and liabilities:    
Accounts receivable 2,482 348
Research and development incentives receivable 2,192 (3,064)
Prepaid expenses and other assets (4,615) (2,137)
Operating lease rightofuse assets 3,116 2,015
Accounts payable 3,835 4,931
Accrued expenses and other current liabilities 6,084 5,495
Operating lease liabilities (2,983) (1,446)
Deferred revenue 74,238 (969)
Other long-term liabilities 442 503
Net cash used in operating activities (13,340) (55,802)
Cash flows from investing activities:    
Purchases of property and equipment (2,878) (17,539)
Net cash used in investing activities (2,878) (17,539)
Cash flows from financing activities:    
Proceeds from the issuance of ADSs, and non-voting ordinary shares, net of issuance costs 249,335  
Proceeds from the exercise of share options and sale of ordinary shares 306 804
Net cash provided by financing activities 249,641 804
Effect of exchange rate changes on cash, cash equivalents and restricted cash 57 (4,674)
Net increase (decrease) in cash, cash equivalents and restricted cash 233,480 (77,211)
Cash, cash equivalents and restricted cash at beginning of period 339,154 438,680
Cash, cash equivalents and restricted cash at end of period 572,634 361,469
Reconciliation of cash, cash equivalents and restricted cash    
Cash and cash equivalents 572,086 361,469
Restricted cash included in other assets 548  
Total cash, cash equivalents and restricted cash 572,634 361,469
Supplemental disclosure of cash flow information    
Cash paid for interest 2,059 2,099
Cash paid for income taxes 664 1,203
Cash paid for amounts included in the measurement of operating lease liabilities 4,188 2,245
Changes in purchases of property and equipment in accounts payable and accrued expenses (1,689) 318
Non-cash impact right-of-use asset and operating lease liabilities $ 3,898 $ 3,120