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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
OPERATING EXPENSES:      
Research and development $ 65,053 $ 44,027 $ 23,366
General and administrative 45,350 39,194 28,027
Total operating expenses 110,403 83,221 51,393
LOSS FROM OPERATIONS: (110,403) (83,221) (51,393)
OTHER INCOME (EXPENSE), NET:      
Other income, net 4,061 40 319
Foreign exchange gains (losses) 821 1,990 (11,702)
Fair value change of convertible notes 0 0 (1,041)
Fair value change of convertible notes - due to a related party 0 0 (730)
Benefit from R&D tax credit 14,424 9,648 4,245
Total other income (expense), net 19,306 11,678 (8,909)
Loss before income taxes (91,097) (71,543) (60,302)
Income tax expense (408) (199) (32)
Net loss (91,505) (71,742) (60,334)
Other comprehensive loss:      
Foreign exchange translation adjustment (25,707) (5,745) 14,683
Comprehensive loss $ (117,212) $ (77,487) $ (45,651)
Net loss per share attributable to ordinary shareholders - basic (in dollars per share) $ (2.16) $ (1.79) $ (3.55)
Net loss per share attributable to ordinary shareholders - diluted (in dollars per share) $ (2.16) $ (1.79) $ (3.55)
Weighted average ordinary shares outstanding - basic (in shares) 42,436,292 39,997,587 16,991,664
Weighted average ordinary shares outstanding - diluted (in shares) 42,436,292 39,997,587 16,991,664