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Collaboration agreement with AbbVie (Tables)
 12 Months Ended
Dec. 31, 2025
Collaboration agreement with AbbVie  
Schedule of change in deferred revenue

The following table summarizes the change in deferred revenue (in thousands):

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

Beginning balance

 

$

6,941

 

 

$

15,982

 

Deferral of revenue

 

 

—

 

 

 

—

 

Recognition of revenue

 

 

(6,941

)

 

 

(9,041

)

Balance at the end of the period

 

$

—

 

 

$

6,941