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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 143,711 $ 173,338
Prepaid expenses and other current assets 31,499 23,242
Total current assets 175,210 196,580
Non-current assets:    
Property and equipment, net 10,949 12,399
Operating lease right of use assets 8,373 8,081
Deferred tax assets 185 251
Restricted cash 33 33
Other assets 3,157 3,014
Total non-current assets 22,697 23,778
TOTAL ASSETS 197,907 220,358
Current liabilities:    
Accounts payable 6,886 5,187
Income taxes payable 7 326
Accrued expenses and other liabilities 7,569 8,292
Operating lease liabilities—current 4,656 4,188
Total current liabilities 19,118 17,993
Non-current liabilities:    
Operating lease liabilities-non-current 3,972 4,388
Other long-term liability 974 933
Total non-current liabilities 4,946 5,321
Total liabilities 24,064 23,314
Commitments and contingencies (Note 12)
Shareholders' equity:    
Ordinary shares, pound 0.001 par value; 40,946,239 and 40,932,727 shares authorized, issued and outstanding at June 30, 2023 and December 31, 2022, respectively 54 54
Deferred shares, pound 92,451.851 par value, one share authorized, issued and outstanding at June 30, 2023 and December 31, 2022 128 128
Additional paid in capital 412,201 408,844
Accumulated other comprehensive loss (13,901) (21,695)
Accumulated deficit (224,639) (190,287)
Total shareholders’ equity 173,843 197,044
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 197,907 $ 220,358