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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 184,095 $ 234,898
Accounts receivable and accrued income from related party 355 233
Prepaid expenses 3,511 1,116
Other current assets 580 329
Total current assets 188,541 236,576
Non-current assets    
Property, plant and equipment, net of accumulated depreciation of $25.8 million as of June 30, 2019, and $22.9 million as of December 31, 2018, respectively. 28,057 29,179
Operating lease right-of-use assets 27,173  
Intangible assets, net 5,864 5,201
Goodwill 503 506
Restricted cash 2,940 2,444
Total non-current assets 64,537 37,330
Total assets 253,078 273,906
Current liabilities    
Accounts payable 4,523 3,792
Accrued expenses and other current liabilities 7,366 8,232
Current portion of operating lease liabilities 4,256  
Current portion of deferred rent   311
Current portion of deferred revenue 7,223 7,634
Total current liabilities 23,368 19,969
Non-current liabilities    
Long-term debt, net of current portion 35,784 35,471
Operating lease liabilities, net of current portion 31,870  
Deferred rent, net of current portion (see note 2.5)   8,761
Deferred revenue, net of current portion 26,354 28,861
Derivative financial instruments related party 3,251 803
Other non-current liabilities 395 435
Total non-current liabilities 97,654 74,331
Total liabilities 121,022 94,300
Commitments and contingencies
Shareholders' equity    
Ordinary shares, 0.05 par value: 60,000,000 shares authorized at June 30, 2019 and December 31, 2018 and 37,839,833 and 37,351,653 ordinary shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively. 2,327 2,299
Additional paid-in-capital 732,924 720,072
Accumulated other comprehensive loss (8,518) (7,259)
Accumulated deficit (594,677) (535,506)
Total shareholders' equity 132,056 179,606
Total liabilities and shareholders' equity $ 253,078 $ 273,906