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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 315,520 $ 155,961
Accounts receivable, including related party amounts of $752 and $0 as of December 31, 2016 and 2015, respectively 3,157 339
Prepaid expenses and other current assets 1,511 540
Total current assets 320,188 156,840
Property and equipment, net 21,027 1,328
Intangible assets, net 399 454
Restricted cash 3,150 700
Other non-current assets 198 101
Total assets 344,962 159,423
Current liabilities:    
Accounts payable 4,569 1,584
Accrued expenses, including related party amounts of $537 and $1,055 as of December 31, 2016 and 2015, respectively 16,320 8,430
Accrued tax liabilities 23 81
Deferred rent 1,027  
Other current liabilities 59 60
Total current liabilities 21,998 10,155
Convertible loan, including accrued interest of $0 and $97 as of December 31, 2016 and 2015, respectively   38,336
Deferred revenue, including related party amounts of $527 and $0 as of December 31, 2016 and 2015, respectively 77,646 75,090
Deferred rent non-current 12,283 164
Other non-current liabilities 189 281
Total liabilities 112,116 124,026
Commitments and contingencies (Note 8)
Shareholders’ equity (deficit):    
Common shares, CHF 0.03 par value, 40,253,674, and 5,528,079 shares authorized at December 31, 2016 and 2015, respectively, 40,164,307 and 5,528,079 shares issued at December 31, 2016 and 2015, respectively, 39,719,434, and 5,528,079 shares outstanding at December 31, 2016 and 2015, respectively, 15,325,607 and 2,444,364 shares in conditional capital at December 31, 2016 and 2015, respectively 1,216 181
Treasury shares, at cost, 444,873 shares and no shares at December 31, 2016 and 2015, respectively 0 0
Additional paid-in capital 288,739 4,636
Accumulated deficit (57,083) (33,906)
Accumulated other comprehensive loss (26) (8)
Total CRISPR Therapeutics AG shareholders’ equity (deficit) 232,846 (29,097)
Noncontrolling interest   (27)
Total shareholders’ equity (deficit) 232,846 (29,124)
Total liabilities, redeemable convertible preferred shares and shareholders’ equity (deficit) $ 344,962 159,423
Series A-1 Redeemable Convertible Preferred Shares [Member]    
Redeemable convertible preferred shares:    
Redeemable convertible preferred shares   1,169
Series A-2 Redeemable Convertible Preferred Shares [Member]    
Redeemable convertible preferred shares:    
Redeemable convertible preferred shares   10,394
Series A-3 Redeemable Convertible Preferred Shares [Member]    
Redeemable convertible preferred shares:    
Redeemable convertible preferred shares   22,518
Series B Redeemable Convertible Preferred Shares [Member]    
Redeemable convertible preferred shares:    
Redeemable convertible preferred shares   $ 30,440