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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 79,820 $ 111,268
Marketable securities 128,303 112,359
Income tax receivable 11,072 10,813
Other current receivables 3,571 4,499
Prepaid expenses 5,773 4,749
Total current assets 228,539 243,688
Property and equipment, net 3,226 4,215
Operating lease right-of-use assets 2,195 3,326
Income tax receivable 1,077 2,276
Other assets 307 396
TOTAL ASSETS 235,344 253,901
CURRENT LIABILITIES:    
Accounts payable 7,182 2,400
Accrued expenses and other current liabilities 22,310 24,057
Operating lease liability, current portion 1,957 2,400
Deferred revenue, current portion 0 10,222
Total current liabilities 31,449 39,079
Operating lease liability, net of current portion 218 1,010
Deferred revenue, net of current portion 0 1,730
TOTAL LIABILITIES 31,667 41,819
SHAREHOLDERS’ EQUITY    
Preferred shares, no par value per share; unlimited shares authorized as of June 30, 2024 and December 31,2023, respectively; 0 shares issued and outstanding as of June 30, 2024, and December 31, 2023, respectively 0 0
Common shares, no par value per share; unlimited shares authorized as of June 30, 2024 and December 31, 2023; 42,445,533 and 42,176,041 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 486,375 483,350
Additional paid-in capital 72,157 61,813
Accumulated other comprehensive (loss) income (134) 28
Accumulated deficit (354,721) (333,109)
Total shareholders’ equity 203,677 212,082
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 235,344 $ 253,901