Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CONSOLIDATED STATEMENTS OF OPERATIONS      
Revenue $ 27,148 $ 6,149 $ 3,958
Operating expenses      
Research and development (127,726) (111,090) (91,568)
General and administrative (63,387) (57,305) (45,795)
Total operating expenses (191,113) (168,395) (137,363)
Operating loss (163,965) (162,246) (133,405)
Interest income 1,542 1,095 2,313
Other (expense) income, net (536) 3,852 1,162
Loss before income tax expense (162,959) (157,299) (129,930)
Income tax expense (2,497) (791) (162)
Net loss attributable to ordinary shareholders $ (165,456) $ (158,090) $ (130,092)
Net loss per ordinary share      
Basic (in dollars per share) $ (0.17) $ (0.17) $ (0.15)
Diluted (in dollars per share) $ (0.17) $ (0.17) $ (0.15)
Weighted average shares outstanding:      
Basic (in shares) 967,242,403 934,833,017 854,783,763
Diluted (in shares) 967,242,403 934,833,017 854,783,763