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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating expenses:        
Research and development $ (32,131,000) $ (31,328,000) $ (62,862,000) $ (62,615,000)
General and administrative (7,237,000) (8,509,000) (15,975,000) (16,123,000)
Loss on disposal of leasehold improvements 0 0 (672,000) 0
Total operating expenses, net (37,723,000) (39,544,000) (77,595,000) (78,107,000)
Other (expense) income:        
Interest income (expense) 42,000 (47,000) 85,000 463,000
Other (expense) income (1,849,000) 525,000 (1,011,000) 5,009,000
Total other (expense) income, net (1,807,000) 478,000 (926,000) 5,472,000
Net loss before income tax (39,530,000) (39,066,000) (78,521,000) (72,635,000)
Income tax benefit 6,357,000 7,021,000 12,081,000 10,717,000
Net loss attributable to ordinary shareholders (33,173,000) (32,045,000) (66,440,000) (61,918,000)
Other comprehensive income (loss):        
Foreign currency exchange translation adjustment 1,542,000 (1,819,000) 2,815,000 (19,520,000)
Total comprehensive loss $ (31,631,000) $ (33,864,000) $ (63,625,000) $ (81,438,000)
Basic net loss per ordinary share (usd per share) $ (0.47) $ (0.62) $ (1.00) $ (1.22)
Diluted net loss per ordinary share (usd per share) $ (0.47) $ (0.62) $ (1.00) $ (1.22)
Weighted-average basic ordinary shares 70,832,077 52,041,340 66,663,003 50,956,566
Weighted-average diluted ordinary shares 70,832,077 52,041,340 66,663,003 50,956,566
Grant income        
Revenues $ 138,000 $ 293,000 $ 407,000 $ 631,000
License revenue        
Revenues $ 1,507,000 $ 0 $ 1,507,000 $ 0