| In millions, except per share items | Dec-31-22 | Dec-31-21 |
| | 10-K | 10-K |
| Assets | | |
| Current assets: | | |
| Cash and cash equivalents | 204.9 | 76.1 |
| Marketable securities | 260.5 | |
| Prepaid expenses | 20.9 | 6.7 |
| Income tax receivable | 46.1 | 9.9 |
| Restricted cash held on behalf of Former Parent | 35.2 | |
| Other current assets | 19.3 | 2.1 |
| Total current assets | 587.0 | 94.8 |
| Property and equipment, net | 17.5 | 13.0 |
| Intangible assets | 18.4 | 18.4 |
| Goodwill | 1.4 | 1.4 |
| Other non-current assets | 37.5 | 14.4 |
| Total assets | 661.8 | 142.1 |
| |
| Liabilities and Shareholders' Equity | | |
| Current liabilities: | | |
| Accounts payable | 10.7 | 4.8 |
| Due to Former Parent | 35.2 | |
| Accrued expenses and other current liabilities | 44.1 | 37.2 |
| Total current liabilities | 90.0 | 41.9 |
| Long-term operating lease liability | 30.6 | 2.8 |
| Other non-current liabilities | 2.4 | 2.6 |
| Total liabilities | 123.0 | 47.4 |
| |
| Commitments and contingencies (Note 11) | | |
| Shareholders' Equity: | | |
| Common shares | 615.7 | |
| Additional paid-in capital | 13.9 | |
| Accumulated deficit | -91.1 | |
| Accumulated other comprehensive income | 0.3 | |
| Total shareholders' equity | 538.8 | 34.7 |
| Total liabilities and shareholders' equity | 661.8 | 142.1 |