Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenue $ 27,185 $ 2,416 $ 33,563 $ 5,662
Operating expenses        
Research and development (24,034) (15,610) (62,240) (46,942)
General and administrative (8,111) (5,424) (22,284) (16,863)
Total operating expenses (including purchases from related parties, net of reimbursements of $67, $523, $781 and $1,852) (32,145) (21,034) (84,524) (63,805)
Operating loss (4,960) (18,618) (50,961) (58,143)
Interest income 713 289 1,465 839
Interest expense (8)   (14)  
Other income, net 3,602 (61) 7,256 1,595
Loss before income taxes (653) (18,390) (42,254) (55,709)
Income taxes (225) (104) (621) (456)
Net loss attributable to ordinary shareholders $ (878) $ (18,494) $ (42,875) $ (56,165)
Net loss per ordinary share        
Basic and diluted (in dollars per share) $ 0.00 $ (0.04) $ (0.08) $ (0.13)
Weighted average shares outstanding:        
Basic and diluted (in shares) 561,239,864 424,711,900 516,352,141 424,711,900