Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 156,591 $ 272,350
Short-term investments 191,668 125,979
Accounts receivable, net 1,187 0
Inventories, net 15,936 13,927
Prepaid expenses and other current assets 6,864 7,171
Total current assets 372,246 419,427
Non-current assets:    
Long-term investments 12,603 24,380
Other non-current assets 11,856 247
Property and equipment, net 4,758 4,786
Acquired intellectual property and other intangible assets, net 9,854 9,332
Right-of-use assets 5,761 5,489
Total assets 417,078 463,661
Current liabilities    
Accounts payable and accrued liabilities 17,694 24,797
Other current liabilities (of which $2,000 and $6,000, due to related party in 2021 and 2020, respectively) 2,382 6,412
Operating lease liabilities 1,075 788
Total current liabilities 21,151 31,997
Non-current liabilities    
Other non-current liabilities 17,893 16,295
Operating lease liabilities 7,806 7,619
Total liabilities 46,850 55,911
Commitments and contingencies (Note 18)
SHAREHOLDER’S EQUITY    
Common shares - no par value, unlimited shares authorized, 128,121 and 126,725 shares issued and outstanding as at March 31, 2021 and December 31, 2020, respectively 952,673 944,328
Additional paid-in capital 43,889 39,383
Accumulated other comprehensive loss (799) (805)
Accumulated deficit (625,535) (575,156)
Total shareholder’s equity 370,228 407,750
Total liabilities and shareholders’ equity $ 417,078 $ 463,661