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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 629,717 $ 456,649
Accounts receivable, including related party amounts of $39 and $88 as of September 30, 2019 and December 31, 2018, respectively 39 88
Prepaid expenses and other current assets, including related party amounts of $28,875 and $3,417 as of September 30, 2019 and December 31, 2018, respectively 34,309 9,658
Total current assets 664,065 466,395
Property and equipment, net 21,074 18,500
Intangible assets, net 249 289
Restricted cash 3,915 3,163
Operating lease assets 30,619  
Other non-current assets 668 669
Total assets 720,590 489,016
Current liabilities:    
Accounts payable 3,374 5,069
Accrued expenses, including related party amounts of $4,537 and $1,700 as of September 30, 2019 and December 31, 2018, respectively 22,397 20,852
Deferred revenue current, including related party amounts of $47,725 and $102 as of September 30, 2019 and December 31, 2018, respectively 47,725 102
Accrued tax liabilities 1,478 402
Deferred rent   1,202
Operating lease liabilities 4,805  
Other current liabilities   119
Total current liabilities 79,779 27,746
Deferred revenue non-current, including related party amounts of $11,871 and $57,780 as of September 30, 2019 and December 31, 2018, respectively 11,871 57,780
Deferred rent non-current   11,052
Operating lease liabilities, net of current portion 36,827  
Other non-current liabilities 235 243
Total liabilities 128,712 96,821
Commitments and contingencies, see Note 4
Shareholders’ equity:    
Common shares, CHF 0.03 par value, 55,677,088 and 52,183,139 shares authorized at September 30, 2019 and December 31, 2018, respectively, 55,446,359 and 52,160,798 shares issued at September 30, 2019 and December 31, 2018, respectively, 55,189,370 and 51,852,862 shares outstanding at September 30, 2019 and December 31, 2018, respectively, 23,948,128 and 20,498,996 shares in conditional capital at September 30, 2019 and December 31, 2018, respectively. 1,684 1,584
Treasury shares, at cost, 256,989 and 307,936 shares at September 30, 2019 and December 31, 2018, respectively (57) (57)
Additional paid-in capital 845,526 682,245
Accumulated deficit (255,253) (291,569)
Accumulated other comprehensive loss (22) (8)
Total shareholders' equity 591,878 392,195
Total liabilities and shareholders’ equity $ 720,590 $ 489,016