Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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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