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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 194,811,181 $ 227,233,384
Accounts receivable - related party 24,432,392 23,337,377
Prepaid expenses 7,318,772 4,464,085
Tax incentive receivable 6,777,863 11,974,437
Other current assets 1,868,559 1,970,585
Total Current Assets 235,208,767 268,979,868
Property and equipment, net 27,807,875 23,858,108
Security deposits 705,515 951,138
In-process research and development 774,727 777,655
Restricted cash   123,376
Other assets 194,318 195,053
Right-of-use assets 25,920,174 29,002,448
TOTAL ASSETS 290,611,376 323,887,646
CURRENT LIABILITIES:    
Accounts payable 3,089,350 3,759,339
Accrued expenses 18,491,860 18,083,757
Lease obligations, current 2,137,788 1,674,210
Deferred revenue - related party, current 23,003,106 25,678,515
Total Current Liabilities 46,722,104 49,195,821
Deferred revenue - related party 50,691,547 60,535,576
Lease obligations 18,555,378 21,504,340
Asset retirement obligations 1,682,515 1,654,755
Deferred income tax liability 194,318 195,053
TOTAL LIABILITIES 117,845,862 133,085,545
COMMITMENTS
SHAREHOLDERS' EQUITY:    
Ordinary Shares, $0.00003881 par value, 1,288,327,750 authorized, 37,362,416 and 36,791,906 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 1,451 1,429
Capital in excess of par value 414,229,672 395,630,666
Accumulated other comprehensive income (loss) 2,669,474 (1,794,042)
Accumulated deficit (244,135,083) (203,035,952)
Total Shareholders' Equity 172,765,514 190,802,101
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 290,611,376 $ 323,887,646