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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 62,001 $ 32,585
Marketable equity securities 6,745 8,977
Trade accounts and grants receivable, net 326 4
Prepaid expenses and other current assets 2,505 2,433
Total current assets 71,577 43,999
NONCURRENT ASSETS    
Property and equipment, net (Notes 5 and 14) 5,008 5,630
Deposits and other long-term assets 610 616
Goodwill [1] 10,672 10,672
Intangible assets, net 46,887 47,032
TOTAL ASSETS 134,754 107,949
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 5,348 6,813
Lease liabilities, current portion (Note 14) 790 746
Financing lease, current portion (Note 14) 17 16
Deferred revenues 613 193
Liability classified warrants, current portion 1
Total current liabilities 6,768 7,769
LONG-TERM LIABILITIES    
Deferred tax liability 1,907 2,076
Lease liability, net of current portion (Note 14) 2,078 2,514
Financing lease, net of current portion (Note 14) 16 26
Liability classified warrants, net of current portion 384 437
TOTAL LIABILITIES 11,153 12,822
Commitments and contingencies (Note 14)
SHAREHOLDERS’ EQUITY    
Preferred shares, no par value, 2,000 shares authorized; none issued and outstanding as of June 30, 2021 and December 31, 2020
Common shares, no par value, 250,000 shares authorized; 167,037 and 153,096 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 428,046 393,944
Accumulated other comprehensive loss (3,051) (3,667)
Accumulated deficit (300,282) (294,078)
Lineage Cell Therapeutics, Inc. shareholders’ equity 124,713 96,199
Noncontrolling deficit (1,112) (1,072)
Total shareholders’ equity 123,601 95,127
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 134,754 $ 107,949
[1] Goodwill represents the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired and liabilities assumed in the Asterias Merger.