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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Total revenues $ 463,868 $ 1,535 $ 464,322 $ 1,639
Operating expenses:        
Cost of contract revenues (23,178)   (23,178)  
Research and development expenses (32,747) (28,401) (64,777) (54,414)
Selling, general and administrative expenses (17,299) (11,511) (30,300) (20,583)
Total operating expenses (73,224) (39,912) (118,255) (74,997)
Other income 7,590 669 7,942 1,526
Other expense (226) (500) (459) (839)
Income / (loss) from operations 398,008 (38,208) 353,550 (72,671)
Interest income 37 81 77 903
Interest expense (1,902) (970) (3,453) (1,945)
Foreign currency gains / (losses), net 6,583 (3,645) 11,209 957
Other non-operating gains, net   191   2,206
Income / (loss) before income tax expense 402,726 (42,551) 361,383 (70,550)
Income tax expense (3,258) 0 (3,471) 0
Net income / (loss) 399,468 (42,551) 357,912 (70,550)
Other comprehensive (loss) / gain:        
Foreign currency translation adjustments (6,942) 4,647 (14,502) (630)
Total comprehensive gain / (loss) $ 392,526 $ (37,904) $ 343,410 $ (71,180)
Earnings per ordinary share - basic        
Basic net income / (loss) per ordinary share $ 8.68 $ (0.96) $ 7.82 $ (1.59)
Earnings per ordinary share - diluted        
Diluted net income / (loss) per ordinary share $ 8.51 $ (0.96) $ 7.67 $ (1.59)
Weighted average shares - basic 46,037,900 44,387,463 45,754,766 44,333,460
Weighted average shares - diluted 46,929,870 44,387,463 46,678,835 44,333,460
License revenues        
Total revenues $ 462,400   $ 462,400  
License revenues from related party        
Total revenues   $ 1,530   $ 1,577
Collaboration revenues        
Total revenues $ 1,468   $ 1,922  
Collaboration revenues from related party        
Total revenues   $ 5   $ 62