Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 225,670	$ 389,477
Marketable securities	1,709,975	1,304,215
Accounts receivable	0	200,000
Prepaid expenses and other current assets	8,246	14,386
Total current assets	1,943,891	1,908,078
Property and equipment, net	138,542	151,945
Marketable securities, non-current	0	1,973
Intangible assets, net	0	16
Restricted cash	11,520	11,591
Operating lease assets	146,286	153,993
Other non-current assets	15,891	1,975
Total assets	2,256,130	2,229,571
Current liabilities:
Accounts payable	15,578	38,147
Accrued expenses	47,204	45,335
Deferred revenue, current	4,483	4,105
Accrued tax liabilities	838	438
Operating lease liabilities	16,883	15,625
Other current liabilities	4,824	5,141
Total current liabilities	89,810	108,791
Deferred revenue, non-current	12,323	14,012
Operating lease liabilities, net of current portion	210,662	223,007
Other non-current liabilities	3,677	958
Total liabilities	316,472	346,768
Commitments and contingencies, see Note 7
Shareholders’ equity:
Common shares, CHF 0.03 nominal value, 132,477,166 and 126,536,183 shares authorized at September 30, 2024 and December 31, 2023, respectively, 85,506,092 and 80,214,694 shares issued at September 30, 2024 and December 31, 2023, respectively, 85,335,776 and 80,044,378 shares outstanding at September 30, 2024 and December 31, 2023, respectively	2,684	2,497
Treasury shares, at cost, 170,316 shares at September 30, 2024 and at December 31, 2023	(62)	(62)
Additional paid-in capital	3,255,112	2,878,155
Accumulated deficit	(1,328,641)	(999,700)
Accumulated other comprehensive income	10,565	1,913
Total shareholders' equity	1,939,658	1,882,803
Total liabilities and shareholders’ equity	$ 2,256,130	$ 2,229,571