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CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUE      
License revenue $ 35,160 $ 50,000 $ 65,402
Collaboration revenue 249,804 66,677 0
Other revenue 179 328 3,424
Total revenue 285,143 117,005 68,826
Collaboration cost of revenue (144,214) (65,363) 0
Other income and gains 58,126 12,049 3,059
Research and development expenses (382,218) (335,648) (313,346)
Administrative expenses (106,769) (80,631) (46,961)
Selling and distribution expenses (94,158) (93,417) (102,542)
Other expenses (28,484) (9,823) (9,132)
Fair value (loss)/gain of warrant liability (85,750) 20,900 (6,200)
Finance costs (21,794) (10,796) (900)
LOSS BEFORE TAX (520,118) (445,724) (407,196)
Income tax benefit/(expense) 1,864 (625) 3,614
LOSS FOR THE YEAR (518,254) (446,349) (403,582)
Attributable to:      
Ordinary equity holders of the parent $ (518,254) $ (446,349) $ (403,582)
LOSS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE PARENT      
Basic (in dollars per share) $ (1.47) $ (1.40) $ (1.43)
Diluted (in dollars per share) $ (1.47) $ (1.40) $ (1.43)
OTHER COMPREHENSIVE INCOME      
Exchange differences on translation of foreign operations $ 29,633 $ 9,807 $ 5,215
Net other comprehensive income that may be reclassified to profit or loss in subsequent periods 29,633 9,807 5,215
OTHER COMPREHENSIVE INCOME FOR THE YEAR, NET OF TAX 29,633 9,807 5,215
TOTAL COMPREHENSIVE LOSS FOR THE YEAR (488,621) (436,542) (398,367)
Attributable to:      
Ordinary equity holders of the parent $ (488,621) $ (436,542) $ (398,367)