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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 169,065 $ 171,945
Marketable securities 433,410 192,648
Trade receivable, net 328,342 308,269
Inventory 91,281 80,608
Prepaid expenses 104,891 88,838
Other current assets 44,096 33,946
Total current assets 1,171,085 876,254
Property and equipment, net 14,534 14,690
Intangible assets, net 55,910 56,438
Other assets 130,188 129,830
Total assets 1,371,717 1,077,212
Current liabilities:    
Accounts payable 56,202 51,683
Accrued expenses and other current liabilities 457,412 420,019
Current portion of mandatorily redeemable preferred shares 62,500 62,500
Total current liabilities 576,114 534,202
Long-term debt 634,106 626,720
Liability related to sale of future royalties, net 377,998 367,645
Mandatorily redeemable preferred shares, net 162,994 155,737
Derivative liability 9,120 13,110
Obligation to perform R&D services 36,016 50,571
Other long-term liabilities 41,782 12,236
Total liabilities 1,838,130 1,760,221
Commitments and contingencies
Contingently redeemable non-controlling interests 0 60,000
Shareholders’ deficit:    
Common shares, no par value; 200,000,000 shares authorized as of March 31, 2022 and December 31, 2021; 70,540,802 and 66,933,531 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 2,112,686 1,676,792
Additional paid-in capital 129,580 169,656
Accumulated other comprehensive loss (2,398) (73)
Accumulated deficit (2,702,154) (2,585,755)
Total shareholders’ deficit attributable to Biohaven Pharmaceutical Holding Company Ltd. (462,286) (739,380)
Non-controlling interests in consolidated subsidiaries (4,127) (3,629)
Total shareholders' deficit (466,413) (743,009)
Total liabilities and shareholders’ deficit $ 1,371,717 $ 1,077,212