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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 293,635 $ 326,184
Marketable securities 7,160 7,526
Research and development tax credits receivable 2,667 2,011
Other receivables 3,597 4,153
Prepaid expenses 2,129 6,678
Total current assets 309,188 346,552
Property and equipment, net 4,235 3,948
Restricted cash 218 212
Operating lease right-of-use assets 4,631 4,674
Other assets 341 288
Deferred tax assets 2,038 1,412
TOTAL ASSETS 320,651 357,086
CURRENT LIABILITIES:    
Accounts payable 3,303 2,251
Accrued expenses and other current liabilities 10,337 5,975
Operating lease liability, current portion 758 697
Deferred revenue, current portion 8,763 2,073
Income tax payable 62 18
Total current liabilities 23,223 11,014
Operating lease liability, net of current portion 3,540 3,308
Deferred revenue, net of current portion 48,799 55,934
TOTAL LIABILITIES 75,562 70,256
SHAREHOLDERS’ EQUITY    
Preferred shares, no par value per share; unlimited shares authorized as of June 30, 2021 and December 31, 2020, respectively; 0 shares issued and outstanding as of June 30, 2021, and December 31, 2020, respectively
Common shares, no par value per share; unlimited shares authorized as of June 30, 2021 and December 31, 2020; 37,109,506 and 36,902,924 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 385,454 384,313
Additional paid-in capital 10,719 5,875
Accumulated deficit (151,084) (103,358)
Total shareholders’ equity 245,089 286,830
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 320,651 $ 357,086