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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Total revenues $ 1,989 $ 1,789 $ 466,311 $ 3,428
Operating expenses:        
Cost of contract revenues     (23,178)  
Research and development expenses (36,432) (36,302) (101,209) (90,716)
Selling, general and administrative expenses (12,023) (10,789) (42,323) (31,372)
Total operating expenses (48,455) (47,091) (166,710) (122,088)
Other income 1,680 1,032 9,622 2,558
Other expense (214) (220) (673) (1,059)
(Loss) / income from operations (45,000) (44,490) 308,550 (117,161)
Interest income 46 13 123 916
Interest expense (1,924) (942) (5,377) (2,887)
Foreign currency gains / (losses), net 10,436 (8,681) 21,645 (7,724)
Other non-operating gains, net   325   2,531
(Loss) / income before income tax expense (36,442) (53,775) 324,941 (124,325)
Income tax expense (89) 0 (3,560) 0
Net (loss) / income (36,531) (53,775) 321,381 (124,325)
Other comprehensive (loss) / gain:        
Foreign currency translation adjustments (13,288) 9,652 (27,790) 9,022
Total comprehensive (loss) / gain $ (49,819) $ (44,123) $ 293,591 $ (115,303)
Earnings per ordinary share - basic        
Basic net (loss) / income per ordinary share $ (0.79) $ (1.21) $ 7.00 $ (2.80)
Earnings per ordinary share - diluted        
Diluted net (loss) / income per ordinary share $ (0.79) $ (1.21) $ 6.87 $ (2.80)
Weighted average shares - basic 46,152,404 44,471,844 45,888,769 44,379,924
Weighted average shares - diluted 46,152,404 44,471,844 46,780,963 44,379,924
License revenues        
Total revenues     $ 462,400  
License revenues from related party        
Total revenues   $ 1,776   $ 3,353
Collaboration revenues        
Total revenues $ 1,989   $ 3,911  
Collaboration revenues from related party        
Total revenues   $ 13   $ 75