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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 206,953 $ 220,198
Restricted cash 389 440
Prepaid expenses and other current assets 26,319 40,658
Total current assets 233,661 261,296
NON-CURRENT ASSETS:    
Operating lease right-of-use assets 2,745 4,306
Deferred tax assets 4,414 3,336
Long-term prepaid expenses and other assets 6,518 7,049
Total assets 247,338 275,987
CURRENT LIABILITIES:    
Accounts payable 8,233 5,892
Accrued expenses and other liabilities 13,522 11,301
Debt, current portion 2,156 0
Operating lease liabilities - current 2,300 2,411
Total current liabilities 26,211 19,604
NON-CURRENT LIABILITIES    
Debt, non-current portion 27,638 28,757
Operating lease liabilities - non-current 459 1,882
Total liabilities 54,308 50,243
Commitments and contingencies (Note 8)
SHAREHOLDERS' EQUITY:    
Ordinary shares, £0.008 par value; 68,409,068 and 61,943,471 shares authorized, issued and outstanding at September 30, 2024 and December 31, 2023, respectively 699 635
Additional paid-in capital 700,273 621,645
Accumulated other comprehensive loss (16,542) (16,926)
Accumulated deficit (491,400) (379,610)
Total shareholders' equity 193,030 225,744
Total liabilities and shareholders' equity $ 247,338 $ 275,987