XML 28 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 173,338 $ 266,319
Prepaid expenses and other current assets 23,242 18,430
Total current assets 196,580 284,749
Non-current assets:    
Property and equipment, net 12,399 17,743
Operating lease right of use assets 8,081 11,048
Deferred tax assets 251 26
Restricted cash 33 33
Other assets 3,014 3,507
Total non-current assets 23,778 32,357
TOTAL ASSETS 220,358 317,106
Current liabilities:    
Accounts payable 5,187 3,722
Income taxes payable 326  
Accrued expenses and other liabilities 8,292 10,906
Operating lease liabilities—current 4,188 4,482
Total current liabilities 17,993 19,110
Non-current liabilities:    
Operating lease liabilities-non-current 4,388 7,777
Other long-term liability 933 691
Total non-current liabilities 5,321 8,468
Total liabilities 23,314 27,578
Commitments and contingencies (Note 12)
Shareholders' equity:    
Ordinary shares, pound 0.001 par value; 40,932,727 and 40,603,489 shares authorized, issued and outstanding at December 31,2022 and 2021, respectively 54 54
Deferred shares, pound 92,451.851 par value, one share authorized, issued and outstanding at December 31, 2022 and 2021 128 128
Additional paid in capital 408,844 401,821
Accumulated other comprehensive income (21,695) 6,636
Accumulated deficit (190,287) (119,111)
Total shareholders’ equity 197,044 289,528
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 220,358 $ 317,106