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Collaboration Agreements (Tables)
3 Months Ended
Mar. 31, 2020
Collaboration agreements  
Schedule of changes in the balances of our contract assets and liabilities and recognized revenue

The following table presents changes in the balances of our contract assets and liabilities during the three months ended March 31, 2020 and 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at

 

 

 

 

 

 

 

 

Beginning

 

 

 

 

 

Balance at

 

    

of Period

    

Additions

    

Deductions

    

End of Period

Three months ended March 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

Contract assets

 

$

 —

 

$

 —

 

$

 —

 

$

 —

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue

 

$

4,815

 

$

 —

 

$

11

 

$

4,804

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at

 

 

 

 

 

 

 

 

Beginning

 

 

 

 

 

Balance at

 

 

of Period

    

Additions

    

Deductions

    

End of Period

Three months ended March 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Contract assets

 

$

 —

 

$

 —

 

$

 —

 

$

 —

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue

 

$

46,196

 

$

 —

 

$

40,592

 

$

5,604

During the three months ended March 31, 2020 and 2019, the Company recognized the following revenues as a result of changes in the contract asset and the contract liability balances in the respective periods:

 

 

 

 

 

 

 

 

 

Three months ended

 

 

March 31, 

 

 

2020

 

2019

Revenue recognized in the period from:

 

 

 

 

 

 

Amounts included in the contract liability at the beginning of the period

 

$

11

 

$

40,592

Performance obligations satisfied in previous periods

 

$

 —

 

$

 —