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Collaboration agreement with AbbVie (Tables)
12 Months Ended
Dec. 31, 2024
Collaboration agreement with AbbVie  
Summarizes the change in deferred revenue

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

Year Ended December 31, 

 

2024

    

2023

Beginning balance

$

15,982

$

Deferral of revenue

30,000

Recognition of revenue

 

(9,041)

 

(14,018)

Balance at the end of the period

$

6,941

$

15,982