Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 211,810,000 $ 143,991,000
Marketable securities - available-for-sale debt securities (amortized cost of $2,979 and $2,940) net of allowance for expected credit losses of $0 and $0 2,979,000 2,947,000
Accounts receivable, net of allowance for expected credit losses of $0 and $0 2,335,000 821,000
Other current assets and prepaid expenses 36,646,000 59,793,000
Total current assets 253,770,000 207,552,000
Restricted cash 2,866,000 3,026,000
Operating lease right-of-use assets, net of accumulated amortization of $15,645 and $13,220 18,203,000 20,762,000
Property, plant and equipment, net of accumulated depreciation of $51,182 and $46,020 45,867,000 50,946,000
Intangible assets, net of accumulated amortization of $5,257 and $5,155 996,000 330,000
Total assets 321,702,000 282,616,000
Current liabilities    
Accounts payable 7,513,000 8,128,000
Operating lease liabilities, current 5,293,000 5,384,000
Accrued expenses and other current liabilities 30,850,000 30,303,000
Deferred revenue, current 38,417,000 28,973,000
Total current liabilities 82,073,000 72,788,000
Operating lease liabilities, non-current 17,101,000 19,851,000
Deferred revenue, non-current 99,860,000 149,060,000
Borrowings, non-current 24,954,000  
Other liabilities, non-current 1,440,000 1,404,000
Total liabilities 225,428,000 243,103,000
Stockholders' equity    
Common stock - Ordinary shares par value £0.001, 2,039,252,874 authorized and 1,534,220,604 issued and outstanding (2023: 1,702,760,280 authorized and 1,363,008,102 issued and outstanding) 2,083,000 1,865,000
Additional paid in capital 1,099,758,000 1,064,569,000
Accumulated other comprehensive loss (3,412,000) (3,748,000)
Accumulated deficit (1,002,155,000) (1,023,173,000)
Total stockholders' equity 96,274,000 39,513,000
Total liabilities and stockholders' equity $ 321,702,000 $ 282,616,000