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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 104,087 $ 132,496
Accounts receivable and accrued income 4,190 3,680
Accounts receivable and accrued income from related party 1,627 5,500
Prepaid expenses 889 996
Other current assets 632 1,274
Total current assets 111,425 143,946
Non-current assets    
Property, plant and equipment, net 35,410 35,702
Intangible assets, net 8,746 8,324
Goodwill 505 465
Other non-current assets 1,879 1,828
Total non-current assets 46,540 46,319
Total assets 157,965 190,265
Current liabilities    
Accounts payable 3,458 5,524
Accrued expenses and other current liabilities 9,440 9,766
Current portion of long-term debt 4,319 605
Current portion of deferred rent 710 684
Current portion of deferred revenue 5,203 6,142
Total current liabilities 23,130 22,721
Non-current liabilities    
Long-term debt, net of current portion 16,153 19,631
Deferred rent, net of current portion 8,494 6,781
Deferred revenue, net of current portion 78,728 75,612
Contingent consideration 2,415 1,838
Other non-current liabilities 1,759 51
Total non-current liabilities 107,549 103,913
Total liabilities 130,679 126,634
Commitments and contingencies (See Note 13)
Shareholders' equity    
Common shares, €0.05 par value: 60,000,000 shares authorized at June 30, 2017 and December 31, 2016 and 25,620,073 and 25,257,420 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively. 1,612 1,593
Additional paid-in-capital 469,104 464,653
Accumulated other comprehensive loss (5,831) (6,557)
Accumulated deficit (437,599) (396,058)
Total shareholders' equity 27,286 63,631
Total liabilities and shareholders' equity $ 157,965 $ 190,265