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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 342,029 $ 377,793
Accounts receivable and accrued income from related party 258 947
Prepaid expenses 5,738 4,718
Other current assets 1,576 748
Total current assets 349,601 384,206
Non-current assets    
Property, plant and equipment, net of accumulated depreciation of $29.8 million as of March 31, 2020 and $28.6 million as of December 31, 2019 respectively 27,736 28,771
Operating lease right-of-use assets 26,288 26,797
Intangible assets, net 7,211 5,427
Goodwill 486 496
Restricted cash 2,921 2,933
Total non-current assets 64,642 64,424
Total assets 414,243 448,630
Current liabilities    
Accounts payable 4,989 5,681
Accrued expenses and other current liabilities 9,507 12,457
Current portion of operating lease liabilities 5,900 5,865
Current portion of deferred revenue 6,732 7,627
Total current liabilities 27,128 31,630
Non-current liabilities    
Long-term debt 36,209 36,062
Operating lease liabilities, net of current portion 30,518 31,133
Deferred revenue, net of current portion 23,713 23,138
Derivative financial instruments related party 1,004 3,075
Other non-current liabilities 524 534
Total non-current liabilities 91,968 93,942
Total liabilities 119,096 125,572
Commitments and contingencies
Shareholders' equity    
Ordinary shares, 0.05 par value: 60,000,000 shares authorized at March 31, 2020 and December 31, 2019 and 44,299,596 and 43,711,954 ordinary shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively. 2,683 2,651
Additional paid-in-capital 992,136 986,803
Accumulated other comprehensive loss (11,966) (6,689)
Accumulated deficit (687,706) (659,707)
Total shareholders' equity 295,147 323,058
Total liabilities and shareholders' equity $ 414,243 $ 448,630