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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 27,197 $ 30,776
Investments in marketable short-term securities 125,287 116,137
Accounts receivable 2,614 1,352
Prepaid expenses and other current assets 3,702 2,874
Total current assets 158,800 151,139
Property and equipment, net of accumulated depreciation of $11,477 (December 31, 2022: $10,801) 5,370 5,070
Investments in marketable securities, non-current 11,057 37,363
Right of use asset 1,585 1,744
Other non-current assets 11 103
Total assets 176,823 195,419
Current liabilities:    
Accounts payable and accrued liabilities 8,805 16,029
Deferred license revenue, current 15,327 16,456
Lease liability, current 397 372
Total current liabilities 24,529 32,857
Liability related to sale of future royalties 8,787 10,365
Contingent consideration 7,168 7,531
Deferred license revenue, non-current 0 5,999
Lease liability, non-current 1,646 1,815
Total liabilities 42,130 58,567
Stockholders’ equity    
Issued and outstanding: 166,922,739 (December 31, 2022: 157,455,363) 1,344,195 1,318,737
Additional paid-in capital 77,202 72,406
Deficit (1,237,236) (1,203,803)
Accumulated other comprehensive loss (49,468) (50,488)
Total stockholders’ equity 134,693 136,852
Total liabilities and stockholders’ equity $ 176,823 $ 195,419