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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 99,574 $ 57,242
Marketable securities (note 5) 427,100 534,845
Accounts receivable 805 986
Prepaid expenses and other current assets 3,529 7,225
Total current assets 531,008 600,298
Marketable securities, long-term (note 5) 112,407 128,682
Operating lease right-of-use asset, net (note 6) 9,497 10,406
Property, plant and equipment, net 10,236 6,500
Deferred tax assets 601 509
Prepaid expenses, long-term 7,344 7,751
Total assets 671,093 754,146
Current liabilities:    
Accounts payable and accrued expenses (note 7) 23,498 22,214
Operating lease liability (note 6) 1,246 488
Total current liabilities 24,744 22,702
Operating lease liability, long-term (note 6) 9,757 9,947
Total liabilities 34,501 32,649
Shareholders’ equity:    
Common shares, without par value; unlimited shares authorized; issued and outstanding: 65,002,249 (December 31, 2022 - 62,587,701) (note 8) 1,121,968 1,065,136
Additional paid-in capital 137,974 142,108
Accumulated deficit (620,397) (482,747)
Accumulated other comprehensive loss (2,953) (3,000)
Total shareholders' equity 636,592 721,497
Total liabilities and shareholders’ equity 671,093 754,146
Commitments and contingencies (note 10)