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 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenue $ 9,038 $ 3,521 $ 17,234 $ 6,378
Operating expenses        
Research and development (26,624) (19,591) (52,016) (38,206)
General and administrative (11,291) (7,710) (22,495) (14,173)
Total operating expenses (37,915) (27,301) (74,511) (52,379)
Operating loss (28,877) (23,780) (57,277) (46,001)
Interest income 540 506 1,199 746
Other (expense) income, net (15,406) 3,224 (8,276) 3,654
Loss before income taxes (43,743) (20,050) (64,354) (41,601)
Income taxes (102) (165) (229) (396)
Net loss attributable to ordinary shareholders $ (43,845) $ (20,215) $ (64,583) $ (41,997)
Net loss per ordinary share        
Basic and diluted (in dollars per share) $ (0.08) $ (0.04) $ (0.11) $ (0.09)
Weighted average shares outstanding:        
Basic and diluted (in shares) 565,197,217 556,776,430 563,804,832 493,392,465