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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities    
Net loss attributable to ordinary shareholders $ (150,660) $ (144,584)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,741 2,327
Share-based compensation 16,010 22,536
Non-cash interest expense 372 392
Amortization of provision on loss contract (274) (1,037)
Deferred income taxes (3,283) 1,131
Amortization of premium (discount) on marketable securities (305) 1,514
Unrealized foreign currency and other non-cash adjustments 23,208 9,687
Changes in operating assets and liabilities:    
Accounts receivable (7,420) (624)
Research and development tax credit receivable 22,568 (13,920)
Prepaid expenses, other current assets, and other assets 5,053 (5,209)
Operating leases, right-of-use-assets 5,431 5,938
Accounts payable, accrued expenses, and other current liabilities 13,642 (9,452)
Deferred revenue (272) 13,122
Other long-term liabilities 2,154 34
Operating lease liabilities (4,952) (6,952)
Net cash used in operating activities (75,987) (125,097)
Cash flows from investing activities    
Proceeds from sales and maturities of marketable securities 201,389 234,732
Purchases of marketable securities (112,281) (263,878)
Receipt of funds from construction deposit 7,966 216
Payments on intangible assets   (887)
Purchases of property and equipment (6,514) (2,348)
Net cash provided by (used in) investing activities 90,560 (32,165)
Cash flows from financing activities    
Proceeds from modification of credit facility, net of debt issuance costs paid   7,375
Proceeds from employee equity plans 212 3,303
Payment of taxes on restricted stock vesting (19) (392)
Proceeds from issuance of shares as part of collaboration agreement   4,135
Proceeds from the issuance of ordinary shares in private placement   150,000
Payment of placement agent fees and offering costs (100) (6,355)
Repayment of notes payable (786)  
Net cash (used in) provided by financing activities (693) 158,066
Effect of exchange rate changes on cash (1,419) (27)
Net increase in cash, cash equivalents and restricted cash 12,461 777
Cash, cash equivalents, and restricted cash —beginning of year 60,178 59,401
Cash, cash equivalents, and restricted cash —end of year 72,639 60,178
Supplemental disclosure of non-cash investing and financing activities    
Intangible assets and property and equipment in accounts payable and accrued expenses 60 2,589
Supplemental disclosure of cash flow information    
Lease assets obtained in exchange for new operating lease liabilities 4,912 552
Changes to operating lease right-of-use assets and liabilities from amendments 530  
Cash paid for interest 2,648 2,103
Cash paid for taxes $ 157 $ 1,651