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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 228,628 $ 220,198
Restricted cash 389 440
Prepaid expenses and other current assets 36,076 40,658
Total current assets 265,093 261,296
NON-CURRENT ASSETS:    
Operating lease right-of-use assets 3,179 4,306
Deferred tax assets 4,022 3,336
Long-term prepaid expenses and other assets 6,239 7,049
Total assets 278,533 275,987
CURRENT LIABILITIES:    
Accounts payable 8,195 5,892
Accrued expenses and other liabilities 11,447 11,301
Operating lease liabilities - current 2,385 2,411
Total current liabilities 22,027 19,604
NON-CURRENT LIABILITIES    
Long-term debt 29,434 28,757
Operating lease liabilities - non-current 799 1,882
Total liabilities 52,260 50,243
Commitments and contingencies (Note 8)
SHAREHOLDERS' EQUITY:    
Ordinary shares, £0.008 par value; 68,387,469 and 61,943,471 shares authorized, issued and outstanding at June 30, 2024 and December 31, 2023, respectively 699 635
Additional paid-in capital 695,353 621,645
Accumulated other comprehensive loss (16,881) (16,926)
Accumulated deficit (452,898) (379,610)
Total shareholders' equity 226,273 225,744
Total liabilities and shareholders' equity $ 278,533 $ 275,987