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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 316,231,000 $ 316,727,000
Marketable securities 229,983,000 0
Trade receivables, net 79,522,000 0
Inventories 20,131,000 0
Prepaid expenses and other current assets 62,418,000 11,554,000
Total current assets 708,285,000 328,281,000
Property and equipment, net 8,802,000 8,152,000
Equity method investment 1,866,000 5,338,000
Intangible assets, net 39,811,000 0
Other assets 23,251,000 2,493,000
Total assets 782,015,000 344,264,000
Current liabilities:    
Accounts payable 43,976,000 14,071,000
Accrued expenses and other current liabilities 126,267,000 52,102,000
Current portion of mandatorily redeemable preferred shares 46,875,000 0
Total current liabilities 217,118,000 66,173,000
Long-term debt 264,135,000 0
Liability related to sale of future royalties, net 318,594,000 144,111,000
Mandatorily redeemable preferred shares, net 119,456,000 103,646,000
Derivative liabilities 1,940,000 37,690,000
Other long-term liabilities 14,590,000 68,000
Total liabilities 935,833,000 351,688,000
Commitments and contingencies
Contingently redeemable non-controlling interests 60,000,000 0
Shareholders’ Equity (Deficit):    
Common shares, no par value; 200,000,000 shares authorized as of September 30, 2020 and December 31, 2019; 59,707,780 and 52,385,283 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 1,205,384,000 881,426,000
Additional paid-in capital 103,419,000 83,523,000
Accumulated other comprehensive income 251,000 0
Accumulated deficit (1,521,433,000) (972,373,000)
Total shareholders’ equity (deficit) attributable to Biohaven Pharmaceutical Holding Company Ltd. (212,379,000) (7,424,000)
Non-controlling interests (1,439,000) 0
Total shareholders' equity (deficit) (213,818,000) (7,424,000)
Total liabilities and shareholders' equity (deficit) $ 782,015,000 $ 344,264,000