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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 437,549 $ 456,649
Accounts receivable, including related party amounts of $331 and $88 as of March 31, 2019 and December 31, 2018, respectively 331 88
Prepaid expenses and other current assets, including related party amounts of $4,775 and $3,417 as of March 31, 2019 and December 31, 2018, respectively 11,916 9,658
Total current assets 449,796 466,395
Property and equipment, net 18,871 18,500
Intangible assets, net 276 289
Restricted cash 3,163 3,163
Operating lease assets 25,098  
Other non-current assets 669 669
Total assets 497,873 489,016
Current liabilities:    
Accounts payable 7,131 5,069
Accrued expenses, including related party amounts of $2,483 and $1,700 as of March 31, 2019 and December 31, 2018, respectively 15,680 20,852
Accrued tax liabilities 615 402
Deferred rent   1,202
Operating lease liabilities 4,899  
Other current liabilities 73 221
Total current liabilities 28,398 27,746
Deferred revenue non-current, including related party amounts of $57,755 and $57,780 as of March 31, 2019 and December 31, 2018, respectively 57,755 57,780
Deferred rent non-current   11,052
Operating lease liabilities, net of current portion 31,728  
Other non-current liabilities 182 243
Total liabilities 118,063 96,821
Commitments and contingencies, see Note 5
Shareholders’ equity:    
Common shares, CHF 0.03 par value, 53,325,963 and 52,183,139 shares authorized at March 31, 2019 and December 31, 2018, respectively, 52,943,581 and 52,160,798 shares issued at March 31, 2019 and December 31, 2018, respectively, 52,635,645 and 51,852,862 shares outstanding at March 31, 2019 and December 31, 2018, respectively, 20,498,996 shares in conditional capital at March 31, 2019 and December 31, 2018. 1,589 1,584
Treasury shares, at cost, 307,936 shares at March 31, 2019 and December 31, 2018 (57) (57)
Additional paid-in capital 718,255 682,245
Accumulated deficit (339,977) (291,569)
Accumulated other comprehensive loss   (8)
Total shareholders' equity 379,810 392,195
Total liabilities and shareholders’ equity $ 497,873 $ 489,016