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Condensed Consolidated Statements of Shareholders’ Equity
$ in Thousands
USD ($)
shares
COMMON STOCK
USD ($)
ADDITIONAL PAID-IN CAPITAL
USD ($)
ACCUMULATED OTHER COMPREHENSIVE (LOSS)/ INCOME
USD ($)
ACCUMULATED DEFICIT
USD ($)
Ordinary shares
£ / shares
shares
Ordinary shares
COMMON STOCK
USD ($)
shares
Deferred shares
£ / shares
shares
Deferred shares
COMMON STOCK
USD ($)
shares
Shares, par value (in GBP per share) | £ / shares           £ 0.008   £ 21,921.504  
Beginning balance (in shares) at Dec. 31, 2021 | shares             42,019,874,000   1,000
Beginning balance at Dec. 31, 2021 $ 284,412   $ 444,750 $ 8,840 $ (169,641)   $ 435   $ 28
Exercise of share options (in shares) | shares             376,158,000    
Exercise of share options 397   393       $ 4    
Vesting of restricted stock units (in shares) | shares             68,534,000    
Vesting of restricted stock units 1           $ 1    
Share-based compensation expense 3,128   3,128            
Unrealized loss on foreign currency translation (7,193)     (7,193)          
Net loss (21,171)       (21,171)        
Ending balance (in shares) at Mar. 31, 2022 | shares             42,464,566,000   1,000
Ending balance at Mar. 31, 2022 259,574   448,271 1,647 (190,812)   $ 440   $ 28
Beginning balance (in shares) at Dec. 31, 2021 | shares             42,019,874,000   1,000
Beginning balance at Dec. 31, 2021 284,412   444,750 8,840 (169,641)   $ 435   $ 28
Exercise of share options (in shares) | shares           431,855      
Vesting of restricted stock units (in shares) | shares           12,763      
Net loss (42,208)                
Ending balance (in shares) at Jun. 30, 2022 | shares             42,522,397,000   1,000
Ending balance at Jun. 30, 2022 224,585   451,453 (15,487) (211,849)   $ 440   $ 28
Shares, par value (in GBP per share) | £ / shares           £ 0.008   21,921.504  
Beginning balance (in shares) at Mar. 31, 2022 | shares             42,464,566,000   1,000
Beginning balance at Mar. 31, 2022 259,574   448,271 1,647 (190,812)   $ 440   $ 28
Exercise of share options (in shares) | shares             55,727,000    
Exercise of share options 4   4            
Vesting of restricted stock units (in shares) | shares             2,104,000    
Share-based compensation expense 3,178   3,178            
Unrealized loss on foreign currency translation (17,134)     (17,134)          
Net loss (21,037)       (21,037)        
Ending balance (in shares) at Jun. 30, 2022 | shares             42,522,397,000   1,000
Ending balance at Jun. 30, 2022 224,585   451,453 (15,487) (211,849)   $ 440   $ 28
Shares, par value (in GBP per share) | £ / shares           0.008   21,921.504  
Shares, par value (in GBP per share) | £ / shares           £ 0.008   £ 21,921.504  
Beginning balance (in shares) at Dec. 31, 2022 | shares           42,631,794 42,631,794,000 1 1,000
Beginning balance at Dec. 31, 2022 181,280   458,825 (16,867) (261,146)   $ 440   $ 28
Exercise of share options (in shares) | shares             3,790,000    
Issuance of ordinary shares under ATM offering, net of issuance costs (in shares) | shares             113,420,000    
Issuance of ordinary shares under ATM facility, net of issuance costs 1,188   1,187       $ 1    
Vesting of restricted stock units (in shares) | shares             30,481,000    
Vesting of restricted stock units 0   (1)       $ 1    
Shares tendered for withholding taxes (109)   (109)            
Share-based compensation expense 4,071   4,071            
Unrealized loss on foreign currency translation (578)     (578)          
Net loss (24,208)       (24,208)        
Ending balance (in shares) at Mar. 31, 2023 | shares             42,779,485,000   1,000
Ending balance at Mar. 31, 2023 161,644   463,973 (17,445) (285,354)   $ 442   $ 28
Beginning balance (in shares) at Dec. 31, 2022 | shares           42,631,794 42,631,794,000 1 1,000
Beginning balance at Dec. 31, 2022 $ 181,280   458,825 (16,867) (261,146)   $ 440   $ 28
Exercise of share options (in shares) | shares 128,869         128,869      
Vesting of restricted stock units (in shares) | shares           29,220      
Net loss $ (52,543)                
Ending balance (in shares) at Jun. 30, 2023 | shares           45,760,250 45,760,250,000 0 0
Ending balance at Jun. 30, 2023 166,396   496,342 (16,728) (313,689)   $ 471   $ 0
Shares, par value (in GBP per share) | £ / shares           £ 0.008   £ 21,921.504  
Beginning balance (in shares) at Mar. 31, 2023 | shares             42,779,485,000   1,000
Beginning balance at Mar. 31, 2023 161,644   463,973 (17,445) (285,354)   $ 442   $ 28
Exercise of share options (in shares) | shares             125,079,000    
Exercise of share options 1 $ 1              
Issuance of ordinary shares under ATM offering, net of issuance costs (in shares) | shares             2,824,202,000    
Issuance of ordinary shares under ATM facility, net of issuance costs 26,932   26,904       $ 28    
Vesting of equity awards under the employee purchase plan (in shares) | shares             23,843,000    
Vesting of equity awards under the employee purchase plan 189   189            
Cancellation of deferred share (in shares) | shares                 (1,000)
Cancellation of deferred share 0   28           $ (28)
Issuance of warrant to purchase ordinary shares 687   687            
Vesting of restricted stock units (in shares) | shares             7,641,000    
Share-based compensation expense 4,561   4,561            
Unrealized loss on foreign currency translation 717     717          
Net loss (28,335)       (28,335)        
Ending balance (in shares) at Jun. 30, 2023 | shares           45,760,250 45,760,250,000 0 0
Ending balance at Jun. 30, 2023 $ 166,396   $ 496,342 $ (16,728) $ (313,689)   $ 471   $ 0
Shares, par value (in GBP per share) | £ / shares           £ 0.008   £ 21,921.504