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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 275,516 $ 201,867
Short-term investments (note 5) 25,018 50,741
Accounts receivable 4,228 15,614
Prepaid expenses and other current assets 19,260 19,998
Total current assets 324,022 288,220
Deferred financing fees 1,195 1,214
Long-term investments (note 5) 886 886
Long-term prepaid assets 17,532 12,490
Deferred tax asset 2,294 3,070
Property and equipment, net 25,747 22,783
Operating lease right-of-use assets 23,955 26,987
Intangible assets, net 4,702 3,838
Acquired in-process research and development (note 6) 17,628 17,628
Goodwill (note 6) 12,016 12,016
Total assets 429,977 389,132
Current liabilities:    
Accounts payable and accrued liabilities (note 7) 76,334 62,767
Fair value of liability classified stock options (note 12) 2,488 7,754
Current portion of operating lease liability (note 11) 1,122 1,310
Other current liabilities 27 22
Total current liabilities 79,971 71,853
Long-term portion of operating lease liability (note 11) 30,599 30,923
Deferred revenue (note 9) 32,941 32,941
Other long-term liabilities (note 7) 2,490 2,748
Deferred tax liability 1,532 1,573
Total liabilities 147,533 140,038
Shareholders’ equity:    
Common shares, no par value; unlimited authorized shares at March 31, 2022 and December 31, 2021, respectively; 57,770,246 and 46,633,935 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively (note 8) 826,459 741,147
Additional paid-in capital 218,373 197,710
Accumulated other comprehensive loss (6,659) (6,659)
Accumulated deficit (755,729) (683,104)
Total shareholders’ equity 282,444 249,094
Total liabilities and shareholders’ equity 429,977 389,132
Commitments and contingencies (note 13)