Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 389,477	$ 211,885
Marketable securities	1,304,215	1,603,433
Accounts receivable	200,000	0
Prepaid expenses and other current assets	14,386	37,708
Total current assets	1,908,078	1,853,026
Property and equipment, net	151,945	163,634
Marketable securities, non-current	1,973	53,130
Intangible assets, net	16	71
Restricted cash	11,591	11,635
Operating lease assets	153,993	156,921
Other non-current assets	1,975	4,640
Total assets	2,229,571	2,243,057
Current liabilities:
Accounts payable	38,147	27,428
Accrued expenses	45,335	77,682
Deferred revenue, current	4,105	0
Accrued tax liabilities	438	135
Operating lease liabilities	15,625	15,842
Other current liabilities	5,141	20
Total current liabilities	108,791	121,107
Deferred revenue, non-current	14,012	12,323
Operating lease liabilities, net of current portion	223,007	228,179
Other non-current liabilities	958	5,969
Total liabilities	346,768	367,578
Commitments and contingencies (Note 9)
Shareholders’ equity:
Common shares, CHF 0.03 par value, 126,536,183 and 150,347,467 shares authorized at December 31, 2023 and 2022, respectively, 80,214,694 and 78,692,766 shares issued at December 31, 2023 and 2022, respectively, 80,044,378 and 78,512,450 shares outstanding at December 31, 2023 and 2022,respectively	2,497	2,441
Treasury shares, at cost, 170,316 and 180,316 shares at December 31, 2023 and 2022, respectively	(62)	(63)
Additional paid-in capital	2,878,155	2,734,838
Accumulated deficit	(999,700)	(846,090)
Accumulated other comprehensive income (loss)	1,913	(15,647)
Total shareholders’ equity	1,882,803	1,875,479
Total liabilities and shareholders’ equity	$ 2,229,571	$ 2,243,057