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Revenue (Tables)
3 Months Ended
Mar. 31, 2023
Revenue From Contract With Customer [Abstract]  
Summary of Changes in Deferred Revenue Related to Material Rights

Changes in deferred revenue related to material rights for the three months ended March 31, 2023 and 2022 were as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

Balance, beginning of period

 

$

117,416

 

 

$

101,426

 

Recognition of revenue included in beginning of period balance

 

 

(5,086

)

 

 

(4,221

)

Contract balance, net of revenue recognized during the period

 

 

8,472

 

 

 

7,611

 

Balance, end of period

 

$

120,802

 

 

$

104,816

 

Summary of Asset Balances and Related Amortization Expense For Contract Costs

The following tables present the asset balances and related amortization expense for these contract costs:

 

 

 

As of and for the Three Months Ended March 31, 2023

 

 

 

Beginning

 

 

Capitalization

 

 

 

 

 

Ending

 

 

 

Balance

 

 

of Costs

 

 

Amortization

 

 

Balance

 

 Costs to obtain a contract

 

$

325,457

 

 

$

31,497

 

 

$

(12,963

)

 

$

343,991

 

 Costs to fulfill a contract

 

$

338,895

 

 

$

33,649

 

 

$

(11,956

)

 

$

360,588

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of and for the Three Months Ended March 31, 2022

 

 

 

Beginning

 

 

Capitalization

 

 

 

 

 

Ending

 

 

 

Balance

 

 

of Costs

 

 

Amortization

 

 

Balance

 

 Costs to obtain a contract

 

$

272,919

 

 

$

28,286

 

 

$

(10,682

)

 

$

290,523

 

 Costs to fulfill a contract

 

$

265,657

 

 

$

28,630

 

 

$

(9,206

)

 

$

285,081