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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 239,147 $ 248,402
Marketable securities 197,801 133,417
Prepaid expenses 59,532 35,242
Income tax receivable 7,522 13,252
Other current assets 7,266 12,133
Total current assets 511,268 442,446
Property and equipment, net 18,665 17,191
Intangible assets 18,400 18,400
Goodwill 1,390 1,390
Other non-current assets 32,918 33,785
Total assets 582,641 513,212
Current liabilities:    
Accounts payable 17,259 15,577
Accrued expenses and other current liabilities 57,728 39,846
Forward contract and derivative liabilities 81,220 0
Total current liabilities 156,207 55,423
Non-current operating lease liabilities 26,193 27,569
Derivative liability, non-current 12,180 0
Other non-current liabilities 4,321 2,245
Total liabilities 198,901 85,237
Commitments and contingencies (Note 11)
Shareholders' Equity:    
Preferred shares, no par value; 10,000,000 shares authorized, no shares issued and outstanding as of June 30, 2024 and December 31, 2023 0 0
Common shares, no par value; 200,000,000 shares authorized as of June 30, 2024 and December 31, 2023; 92,346,332 and 81,115,723 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 1,298,553 887,528
Additional paid-in capital 83,832 39,804
Accumulated deficit (998,567) (499,292)
Accumulated other comprehensive loss (78) (65)
Total shareholders' equity 383,740 427,975
Total liabilities and shareholders' equity $ 582,641 $ 513,212