XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 116,541 $ 175,688
Marketable securities 421,399 376,086
Accounts receivable 2,923 2,765
Prepaid expenses and other current assets 4,753 4,481
Total current assets 545,616 559,020
Operating lease right-of-use asset, net (note 5) 7,900 8,056
Property, plant and equipment, net 4,336 4,466
Deferred tax assets 207 465
Total assets 558,059 572,007
Current liabilities:    
Accounts payable and accrued expenses (note 6) 7,982 13,717
Operating lease liability (note 5) 0 605
Total current liabilities 7,982 14,322
Operating lease liability, long-term (note 5) 8,224 7,652
Total liabilities 16,206 21,974
Shareholders’ equity:    
Preferred shares, without par value; unlimited shares authorized; issued and outstanding: nil (December 31, 2021 - 1,016,000) (note 7) 0 7,732
Common shares, without par value; unlimited shares authorized; issued and outstanding: 53,059,049 (December 31, 2021 - 51,634,752) (note 7) 800,307 783,170
Additional paid-in capital 119,580 117,495
Accumulated deficit (377,044) (357,374)
Accumulated other comprehensive loss (990) (990)
Shareholders' equity 541,853 550,033
Total liabilities and shareholders’ equity 558,059 572,007
Commitments and contingencies (note 9)