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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 314,265 $ 377,793
Accounts receivable and accrued income from related party 222 947
Prepaid expenses 4,082 4,718
Other current assets 1,066 748
Total current assets 319,635 384,206
Non-current assets    
Property, plant and equipment, net of accumulated depreciation of $31.3 million as of June 30, 2020 and $28.6 million as of December 31, 2019 respectively 29,301 28,771
Operating lease right-of-use assets 26,139 26,797
Intangible assets, net 7,087 5,427
Goodwill 496 496
Restricted cash 2,683 2,933
Total non-current assets 65,706 64,424
Total assets 385,341 448,630
Current liabilities    
Accounts payable 4,942 5,681
Accrued expenses and other current liabilities 13,250 12,457
Current portion of operating lease liabilities 5,495 5,865
Current portion of deferred revenue 6,153 7,627
Total current liabilities 29,840 31,630
Non-current liabilities    
Long-term debt 35,373 36,062
Operating lease liabilities, net of current portion 30,279 31,133
Deferred revenue, net of current portion 23,048 23,138
Derivative financial instruments related party 832 3,075
Other non-current liabilities 464 534
Total non-current liabilities 89,996 93,942
Total liabilities 119,836 125,572
Commitments and contingencies
Shareholders' equity    
Ordinary shares, 0.05 par value: 60,000,000 shares authorized at June 30, 2020 and December 31, 2019 and 44,444,405 and 43,711,954 ordinary shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively. 2,692 2,651
Additional paid-in-capital 1,000,389 986,803
Accumulated other comprehensive loss (7,319) (6,689)
Accumulated deficit (730,257) (659,707)
Total shareholders' equity 265,505 323,058
Total liabilities and shareholders' equity $ 385,341 $ 448,630