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Deferred Revenue
12 Months Ended
Dec. 31, 2019
Revenue From Contract With Customer [Abstract]  
Deferred Revenue

9.

Deferred Revenue

Deferred revenue by revenue classification as of December 31, 2019 and 2018 was as follows (in thousands):

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

Current deferred revenue

 

 

 

 

 

 

 

 

Sequencing

 

$

12,482

 

 

$

11,238

 

Development

 

 

48,512

 

 

 

1,457

 

Total current deferred revenue

 

 

60,994

 

 

 

12,695

 

Non-current deferred revenue

 

 

 

 

 

 

 

 

Sequencing

 

 

1,459

 

 

 

516

 

Development

 

 

217,873

 

 

 

188

 

Total non-current deferred revenue

 

 

219,332

 

 

 

704

 

Total current and non-current deferred revenue

 

$

280,326

 

 

$

13,399

 

 

Genentech deferred revenue represents $48.1 million and $216.8 million of the current and non-current development deferred revenue balances, respectively, at December 31, 2019. In general, the current amounts will be recognized as revenue within 12 months and the non-current amounts will be recognized as revenue over a period of approximately seven to eight years. This period of time represents an estimate of the research and development period to develop cellular therapies in oncology, which may be reduced or increased based on the various development activities.

Changes in deferred revenue during the year ended December 31, 2019 were as follows (in thousands):

 

Deferred revenue balance at December 31, 2018

 

$

13,399

 

Additions to deferred revenue during the period

 

 

317,551

 

Revenue recognized during the period

 

 

(50,624

)

Deferred revenue balance at December 31, 2019

 

$

280,326

 

 

As of December 31, 2019, $8.5 million was recognized that was included in the deferred revenue balance at December 31, 2018. As a result of cancelled customer sequencing contracts, we recognized $1.9 million of sequencing revenue during the year ended December 31, 2019.