Collaboration Agreement (Tables)

9 Months Ended

Sep. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Transaction Price

The following table reflects the transaction price (in thousands):

	As of September 30, 2024
	Post-Milestone
Combined Performance Obligation	$	11,862
Development Activities Performance Obligation		5,138
Total	$	17,000

Schedule of Revenue Recognized Related to Each of the Performance Obligations and the Remaining Deferred Revenue

The following table reflects the revenue recognized related to each of the performance obligations and the remaining deferred revenue (in thousands):

	As of September 30, 2024
	Combined Performance Obligation		Development Activities Performance Obligation			Total
Deferred revenue at December 31, 2022	$	11,748	$	3,604		$	15,352
Revenue recognized		—		(1,558	)		(1,558	)
Deferred revenue at December 31, 2023		11,748		2,046			13,794
Revenue recognized		—		(1,325	)		(1,325	)
Deferred revenue at September 30, 2024	$	11,748	$	721		$	12,469