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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
OPERATING EXPENSES:        
Research and development $ 15,920 $ 11,353 $ 31,282 $ 18,237
General and administrative 11,336 8,175 21,394 14,893
Total operating expenses 27,256 19,528 52,676 33,130
LOSS FROM OPERATIONS: (27,256) (19,528) (52,676) (33,130)
OTHER INCOME (EXPENSE), NET:        
Other income, net 240 1 374 2
Foreign exchange gains (losses) 1,958 (550) 3,291 (1,193)
Benefit from R&D tax credit 4,077 2,558 6,999 4,115
Total other income, net 6,275 2,009 10,664 2,924
Loss before income taxes (20,981) (17,519) (42,012) (30,206)
Income tax expense (56) (9) (196) (37)
Net loss (21,037) (17,528) (42,208) (30,243)
Other comprehensive (loss) income:        
Foreign exchange translation adjustment (17,134) (355) (24,327) 1,633
Comprehensive loss $ (38,171) $ (17,883) $ (66,535) $ (28,610)
Net loss per share - basic (in dollars per share) $ (0.50) $ (0.44) $ (1.00) $ (0.79)
Net loss per share - diluted (in dollars per share) $ (0.50) $ (0.44) $ (1.00) $ (0.79)
Weighted average ordinary shares outstanding - basic (in shares) 42,474,987 39,802,532 42,110,161 38,194,822
Weighted average ordinary shares outstanding - diluted (in shares) 42,474,987 39,802,532 42,110,161 38,194,822