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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Total revenues $ 1,449 $ 1,989 $ 3,738 $ 466,311
Operating expenses:        
Cost of contract revenues       (23,178)
Cost of contract manufacturing (861)   (1,693)  
Research and development expenses (48,068) (36,432) (139,263) (101,209)
Selling, general and administrative expenses (13,324) (12,023) (36,802) (42,323)
Total operating expenses (62,253) (48,455) (177,758) (166,710)
Other income 1,485 1,680 4,981 9,622
Other expense (199) (214) (621) (673)
(Loss) / income from operations (59,518) (45,000) (169,660) 308,550
Interest income 39 46 117 123
Interest expense (3,069) (1,924) (8,279) (5,377)
Foreign currency gains, net 14,362 10,436 42,328 21,645
Other non-operating (losses) / gains, net     635  
(Loss) / income before income tax benefit / (expense) (48,186) (36,442) (134,859) 324,941
Income tax benefit / (expense) 329 (89) 1,263 (3,560)
Net (loss) / income (47,857) (36,531) (133,596) 321,381
Other comprehensive loss:        
Foreign currency translation adjustments (25,370) (13,288) (64,144) (27,790)
Total comprehensive (loss) / gain $ (73,227) $ (49,819) $ (197,740) $ 293,591
Earnings per ordinary share - basic        
Basic net (loss) / income per ordinary share $ (1.02) $ (0.79) $ (2.86) $ 7.00
Earnings per ordinary share - diluted        
Diluted net (loss) / income per ordinary share $ (1.02) $ (0.79) $ (2.86) $ 6.87
Weighted average shares - basic 46,772,430 46,152,404 46,680,667 45,888,769
Weighted average shares - diluted 46,772,430 46,152,404 46,680,667 46,780,963
License revenues        
Total revenues       $ 462,400
Collaboration revenues        
Total revenues $ 1,449 $ 1,989 $ 3,738 $ 3,911