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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 174,819 $ 142,503
Current portion of accounts receivable 10,000 1,000
Prepaid expenses and other current assets 17,454 6,985
Total current assets 202,273 150,488
Long-term assets:    
Accounts receivable, net of current portion 50,000  
Property and equipment, net 39,931 27,334
Restricted cash 3,625 3,610
Other assets 111 411
Total long-term assets 93,667 31,355
Total assets 295,940 181,843
Current liabilities:    
Accounts payable 13,089 7,598
Accrued expenses and other current liabilities 14,736 8,898
Current portion of capital lease obligation   16
Current portion of deferred rent 115 60
Current portion of deferred revenue 100,945 1,275
Current portion of lease incentive obligation 1,156 344
Total current liabilities 130,041 18,191
Long-term liabilities:    
Deferred rent, net of current portion 5,132 4,214
Deferred revenue, net of current portion 68,156 7,241
Lease incentive obligation, net of current portion 9,247 3,094
Other liabilities 2,142 1,619
Total long-term liabilities 84,677 16,168
Total liabilities 214,718 34,359
Series A preferred shares, no par value; 3,901,348 shares issued and outstanding at December 31, 2018 and 2017 7,874 7,874
Shareholders’ equity:    
Ordinary shares, no par value; 29,472,197 and 27,829,079 shares issued and outstanding at December 31, 2018 and 2017, respectively 375,148 310,038
Additional paid-in capital 37,768 22,172
Accumulated other comprehensive income (loss) 153 116
Accumulated deficit (339,721) (192,716)
Total shareholders’ equity 73,348 139,610
Total liabilities, Series A preferred shares and shareholders’ equity $ 295,940 $ 181,843