Balance Sheet

v3.24.3

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 116,741,000	$ 143,991,000
Marketable securities - available-for-sale debt securities (amortized cost of $69,293 and $2,940) net of allowance for expected credit losses of $0 and $0	69,349,000	2,947,000
Accounts receivable, net of allowance for expected credit losses of $0 and $0	12,500,000	821,000
Inventory, net	1,874,000
Other current assets and prepaid expenses	43,750,000	59,793,000
Total current assets	244,214,000	207,552,000
Restricted cash	2,681,000	3,026,000
Other noncurrent assets	968,000
Operating lease right-of-use assets, net of accumulated amortization of $17,302 and $13,220	20,494,000	20,762,000
Property, plant and equipment, net of accumulated depreciation of $55,697 and $46,020	44,796,000	50,946,000
Intangible assets, net of accumulated amortization of $5,525 and $5,155	4,283,000	330,000
Total assets	317,436,000	282,616,000
Current liabilities
Accounts payable	9,069,000	8,128,000
Operating lease liabilities, current	4,175,000	5,384,000
Accrued expenses and other current liabilities	31,504,000	30,303,000
Deferred revenue, current	18,709,000	28,973,000
Total current liabilities	63,457,000	72,788,000
Operating lease liabilities, non-current	20,455,000	19,851,000
Deferred revenue, non-current	98,731,000	149,060,000
Borrowings, non-current	49,865,000
Other liabilities, non-current	4,939,000	1,404,000
Total liabilities	237,447,000	243,103,000
Stockholders' equity
Common stock - Ordinary shares par value £0.001, 2,039,252,874 authorized and 1,534,889,490 issued and outstanding (2023: 1,702,760,280 authorized and 1,363,008,102 issued and outstanding)	2,084,000	1,865,000
Additional paid in capital	1,102,813,000	1,064,569,000
Accumulated other comprehensive loss	(5,136,000)	(3,748,000)
Accumulated deficit	(1,019,772,000)	(1,023,173,000)
Total stockholders' equity	79,989,000	39,513,000
Total liabilities and stockholders' equity	$ 317,436,000	$ 282,616,000

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Balance Sheet

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