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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 159,521 $ 334,427
Marketable securities 184,420 7,439
Research and development tax credits receivable 1,280 2,580
Collaboration revenue receivable 1,525 0
Other receivables 1,518 654
Prepaid expenses 5,715 6,314
Total current assets 353,979 351,414
Property and equipment, net 4,228 5,604
Operating lease right-of-use assets 5,371 7,491
Other assets 497 586
Deferred tax assets 0 3,620
TOTAL ASSETS 364,075 368,715
Current liabilities:    
Accounts payable 461 2,302
Accrued expenses and other current liabilities 21,645 18,622
Operating lease liabilities, current portion 2,171 1,721
Deferred revenue, current portion 53,102 11,921
Income tax payable 1,240 523
Total current liabilities 78,619 35,089
Operating lease liabilities, net of current portion 3,257 5,592
Deferred revenue, net of current portion 2,682 39,613
TOTAL LIABILITIES 84,558 80,294
Commitments and Contingencies
SHAREHOLDERS' EQUITY:    
Preferred shares, no par value per share; unlimited shares authorized as of December 31, 2022 and December 31, 2021, respectively; 0 shares issued and outstanding as of December 31, 2022, and December 31, 2021, respectively 0 0
Common shares, no par value per share; unlimited shares authorized as of December 31, 2022 and December 31, 2021; 42,036,193 and 41,850,162 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively 482,032 480,699
Additional paid-in capital 37,226 17,988
Accumulated other comprehensive loss (428) 0
Accumulated deficit (239,313) (210,266)
TOTAL SHAREHOLDERS' EQUITY 279,517 288,421
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 364,075 $ 368,715