Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 97,811,000 $ 149,948,000
Marketable securities - available-for-sale debt securities 160,278,000 219,632,000
Accounts receivable, net of allowance for doubtful accounts of $0 and $0 2,382,000 752,000
Other current assets and prepaid expenses 60,694,000 45,126,000
Total current assets 321,165,000 415,458,000
Restricted cash 1,713,000 1,718,000
Operating lease right-of-use assets, net of accumulated amortization 19,380,000 20,875,000
Property, plant and equipment, net of accumulated depreciation of $36,073 and $36,253 45,400,000 30,494,000
Intangible assets, net of accumulated amortization of $4,287 and $4,051 612,000 1,000,000
Total assets 388,270,000 469,545,000
Current liabilities    
Accounts payable 15,991,000 8,113,000
Operating lease liabilities, current 2,557,000 2,320,000
Accrued expenses and other current liabilities 32,616,000 29,909,000
Deferred revenue, current 22,468,000 22,199,000
Total current liabilities 73,632,000 62,541,000
Operating lease liabilities, non-current 21,635,000 23,148,000
Deferred revenue, non-current 150,437,000 177,223,000
Other liabilities, non-current 649,000 673,000
Total liabilities 246,353,000 263,585,000
Stockholders' equity    
Common stock - Ordinary shares par value 0.001, 1,282,773,750 authorized and 976,759,524 issued and outstanding (2021: 1,240,853,520 authorized and 937,547,934 issued and outstanding) 1,387,000 1,337,000
Additional paid in capital 980,204,000 959,611,000
Accumulated other comprehensive loss (1,043,000) (11,142,000)
Accumulated deficit (838,631,000) (743,846,000)
Total stockholders' equity 141,917,000 205,960,000
Total liabilities and stockholders' equity $ 388,270,000 $ 469,545,000