XML 15 R5.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
IPO
Over-Allotment Option
Preferred Stock
Series A Preferred
Ordinary Shares
Ordinary Shares
IPO
Ordinary Shares
Over-Allotment Option
Additional paid-in capital
Additional paid-in capital
IPO
Additional paid-in capital
Over-Allotment Option
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning balance (in shares) at Jan. 29, 2021       0 7,500,000              
Beginning balance at Jan. 29, 2021 $ (4,651)     $ 0 $ 21     $ 0     $ (90) $ (4,582)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Conversion of Series A convertible preferred shares into ordinary shares (in shares)       (22,840,902) 22,840,902              
Conversion of Series A convertible preferred shares into ordinary shares 0     $ (247,847) $ 65     247,782        
Shares issued (in shares)       22,272,721   16,500,000 2,475,000          
Shares issued 241,597 $ 298,077 $ 46,059 $ 241,597   $ 47 $ 7   $ 298,030 $ 46,052    
Issuance of Series A convertible preferred shares upon conversion of debt (in shares)       568,181                
Issuance of Series A convertible preferred shares upon conversion of debt 6,250     $ 6,250                
Acquisition of Centessa Subsidiaries (in shares)         44,758,079              
Acquisition of Centessa Subsidiaries 262,698       $ 123     262,575        
Forgiveness of convertible term loan 6,199             6,199        
Repurchase of ordinary shares concurrent with acquisition of Centessa Subsidiaries (in shares)         (4,450,000)              
Repurchase of ordinary shares concurrent with acquisition of Centessa Subsidiaries (12)       $ (12)              
Stock option exercises (in shares)         50,000              
Stock option exercises 292             292        
Vesting of ordinary shares (in shares)         225,438              
Vesting of ordinary shares 0       $ 1     (1)        
Share-based compensation expense 5,960             5,960        
Foreign currency translation adjustment 3,315                   3,315  
Net loss (280,142)                     (280,142)
Ending balance (in shares) at Jun. 30, 2021       0 89,899,419              
Ending balance at Jun. 30, 2021 585,642     $ 0 $ 252     866,889     3,225 (284,724)
Beginning balance (in shares) at Mar. 31, 2021       22,840,902 48,083,517              
Beginning balance at Mar. 31, 2021 278,634     $ 247,847 $ 133     271,796     2,131 (243,273)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Conversion of Series A convertible preferred shares into ordinary shares (in shares)       (22,840,902) 22,840,902              
Conversion of Series A convertible preferred shares into ordinary shares 0     $ (247,847) $ 65     247,782        
Shares issued (in shares)           16,500,000 2,475,000          
Shares issued   $ 298,077 $ 46,059     $ 47 $ 7   $ 298,030 $ 46,052    
Share-based compensation expense 3,229             3,229        
Foreign currency translation adjustment 1,094                   1,094  
Net loss (41,451)                     (41,451)
Ending balance (in shares) at Jun. 30, 2021       0 89,899,419              
Ending balance at Jun. 30, 2021 585,642     $ 0 $ 252     866,889     3,225 (284,724)
Beginning balance (in shares) at Dec. 31, 2021       0 89,988,228              
Beginning balance at Dec. 31, 2021 491,554     $ 0 $ 252     876,267     688 (385,653)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Shares issued (in shares)         3,938,423              
Shares issued $ 37,748       $ 10     37,738        
Stock option exercises (in shares) 77,754       77,754              
Stock option exercises $ 405             405        
Vesting of ordinary shares (in shares)         267,512              
Vesting of ordinary shares 0       $ 1     (1)        
Share-based compensation expense 11,321             11,321        
Foreign currency translation adjustment (1,830)                   (1,830)  
Net loss (119,159)                     (119,159)
Ending balance (in shares) at Jun. 30, 2022       0 94,271,917              
Ending balance at Jun. 30, 2022 420,039     $ 0 $ 263     925,730     (1,142) (504,812)
Beginning balance (in shares) at Mar. 31, 2022       0 94,021,968              
Beginning balance at Mar. 31, 2022 480,151     $ 0 $ 262     920,058     (18) (440,151)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Stock option exercises (in shares)         18,213              
Stock option exercises 70             70        
Vesting of ordinary shares (in shares)         231,736              
Vesting of ordinary shares 0       $ 1     (1)        
Share-based compensation expense 5,603             5,603        
Foreign currency translation adjustment (1,124)                   (1,124)  
Net loss (64,661)                     (64,661)
Ending balance (in shares) at Jun. 30, 2022       0 94,271,917              
Ending balance at Jun. 30, 2022 $ 420,039     $ 0 $ 263     $ 925,730     $ (1,142) $ (504,812)