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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash $ 369,933 $ 94,797
Research and development tax credits receivable 1,414 1,080
Other receivables 2,621 1,976
Prepaid expenses and other current assets 3,296 719
Total current assets 377,264 98,572
Property and equipment, net 2,453 2,390
Restricted cash 199 208
Operating lease right-of-use assets 729 1,034
Other assets 894 359
Deferred tax assets 192 132
TOTAL ASSETS 381,731 102,695
CURRENT LIABILITIES:    
Accounts payable 3,576 2,127
Accrued expenses and other current liabilities 5,262 1,276
Operating lease liability, current portion 608 625
Income tax payable 351 218
Total current liabilities 9,797 4,246
Operating lease liability, net of current portion 136 439
Deferred revenue 58,142 8,142
TOTAL LIABILITIES 68,075 12,827
TOTAL CONVERTIBLE PREFERRED SHARES   135,997
SHAREHOLDERS’ EQUITY (DEFICIT)    
Preferred shares, no par value per share; unlimited shares and 0 shares authorized as of June 30, 2020 and December 31, 2019, respectively; 0 shares issued and outstanding as of June 30, 2020 and December 31, 2019
Common shares, no par value per share; unlimited shares authorized as of June 30, 2020 and December 31, 2019; 36,753,454 and 1,528,374 shares issued and outstanding as of June 30, 2020, and December 31, 2019, respectively 383,818 1
Additional paid-in capital 4,182 3,811
Accumulated deficit (74,344) (49,941)
Total shareholders’ equity (deficit) 313,656 (46,129)
TOTAL LIABILITIES, CONVERTIBLE PREFERRED SHARES AND SHAREHOLDERS’ EQUITY (DEFICIT) $ 381,731 102,695
Series A Convertible Preferred Shares    
CURRENT LIABILITIES:    
TOTAL CONVERTIBLE PREFERRED SHARES   53,749
Series B Convertible Preferred Shares    
CURRENT LIABILITIES:    
TOTAL CONVERTIBLE PREFERRED SHARES   $ 82,248