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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
OPERATING EXPENSES:        
Research and development $ 13,774 $ 14,776 $ 27,642 $ 27,790
General and administrative 4,318 5,770 9,003 11,725
Total operating expenses 18,092 20,546 36,645 39,515
Loss from operations (18,092) (20,546) (36,645) (39,515)
OTHER INCOME, NET:        
Other income 1,212 3,271 2,303 4,900
Total other income, net 1,212 3,271 2,303 4,900
Loss before provision for income taxes (16,880) (17,275) (34,342) (34,615)
Benefit (Provision) for income taxes 34 (14) (10) (29)
Net loss (16,846) (17,289) (34,352) (34,644)
Other comprehensive income:        
Foreign exchange translation adjustment 3,817 (19,302) 7,794 (26,979)
Comprehensive loss $ (13,029) $ (36,591) $ (26,558) $ (61,623)
Net loss per share attributable to ordinary shareholders-basic $ (0.42) $ (0.44) $ (0.86) $ (0.89)
Net loss per share attributable to ordinary shareholders-diluted $ (0.42) $ (0.44) $ (0.86) $ (0.89)
Weighted average ordinary shares outstanding-basic 39,899,944 39,104,375 39,816,528 38,998,686
Weighted average ordinary shares outstanding-diluted 39,899,944 39,104,375 39,816,528 38,998,686