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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 111,697 $ 204,877
Marketable securities 128,899 260,464
Prepaid expenses 33,936 20,945
Income tax receivable 13,073 46,139
Restricted cash held on behalf of Former Parent 28 35,212
Other current assets 22,937 19,331
Total current assets 310,570 586,968
Property and equipment, net 17,669 17,512
Intangible assets 18,400 18,400
Goodwill 1,390 1,390
Other non-current assets 34,707 37,513
Total assets 382,736 661,783
Current liabilities:    
Accounts payable 9,515 10,703
Due to Former Parent 28 35,212
Accrued expenses and other current liabilities 52,634 44,106
Total current liabilities 62,177 90,021
Long-term operating lease liability 28,286 30,581
Other non-current liabilities 2,267 2,410
Total liabilities 92,730 123,012
Commitments and contingencies (Note 11)
Shareholders' Equity:    
Preferred shares, no par value; 10,000,000 shares authorized, no shares issued and outstanding as of September 30, 2023 and December 31, 2022 0 0
Common shares, no par value; 200,000,000 shares authorized as of September 30, 2023 and December 31, 2022; 68,364,143 and 68,190,479 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 618,761 615,742
Additional paid-in capital 25,623 13,869
Accumulated deficit (354,536) (91,124)
Accumulated other comprehensive income 158 284
Total shareholders' equity 290,006 538,771
Total liabilities and shareholders' equity $ 382,736 $ 661,783