XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 153,958 $ 200,351
Accounts receivable 1,290 21,086
Prepaid expenses 12,147 9,912
Other current assets 4,680 4,024
Total current assets 172,075 235,373
Long-term assets:    
Property and equipment, net of accumulated depreciation of $44,459 and $42,709 as of June 30, 2024 and December 31, 2023, respectively 11,783 13,084
Operating lease right-of-use assets 20,329 22,637
Restricted cash 3,731 3,699
Other assets 900 156
Total long-term assets 36,743 39,576
Total assets 208,818 274,949
Current liabilities:    
Accounts payable 18,149 12,839
Accrued expenses and other current liabilities 10,677 16,828
Current portion of deferred revenue 137,138 150,059
Current portion of operating lease liability 7,164 6,714
Total current liabilities 173,128 186,440
Long-term liabilities:    
Deferred revenue, net of current portion 9,582 15,601
Operating lease liability, net of current portion 21,711 25,404
Total long-term liabilities 31,293 41,005
Total liabilities 204,421 227,445
Series A preferred shares, no par value; 3,901,348 shares issued and outstanding at June 30, 2024 and December 31, 2023 7,874 7,874
Shareholders' equity (deficit):    
Ordinary shares, no par value; 122,479,289 and 119,162,234 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 950,530 935,367
Additional paid-in capital 135,603 129,237
Accumulated other comprehensive loss (279) (124)
Accumulated deficit (1,089,331) (1,024,850)
Total shareholders' equity (deficit) (3,477) 39,630
Total liabilities, Series A preferred shares, and shareholders' equity (deficit) $ 208,818 $ 274,949