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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 84,390 $ 248,402
Marketable securities 294,426 133,417
Prepaid expenses 55,168 35,242
Income tax receivable 5,318 13,252
Other current assets 1,198 12,133
Total current assets 440,500 442,446
Property and equipment, net 18,276 17,191
Intangible assets 18,400 18,400
Goodwill 1,390 1,390
Other non-current assets 31,957 33,785
Total assets 510,523 513,212
Current liabilities:    
Accounts payable 19,744 15,577
Accrued expenses and other current liabilities 63,520 39,846
Forward contract liability 69,030 0
Total current liabilities 152,294 55,423
Non-current operating lease liabilities 25,312 27,569
Derivative liability, non-current 12,320 0
Other non-current liabilities 4,591 2,245
Total liabilities 194,517 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 September 30, 2024 and December 31, 2023 0 0
Common shares, no par value; 200,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 94,899,193 and 81,115,723 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 1,381,699 887,528
Additional paid-in capital 93,038 39,804
Accumulated deficit (1,158,871) (499,292)
Accumulated other comprehensive income (loss) 140 (65)
Total shareholders' equity 316,006 427,975
Total liabilities and shareholders' equity $ 510,523 $ 513,212