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License and Collaboration Agreements (Tables)
3 Months Ended
Mar. 31, 2022
Research and Development [Abstract]  
Summary of Changes in the Total Contract Liability

The changes in the total contract liability (deferred revenue) balances related to the Company’s license and collaboration agreements were as follows (in thousands):

 

 

 

THREE MONTHS ENDED
MARCH 31,

 

 

 

2022

 

 

2021

 

Balance at beginning of period

 

$

21,203

 

 

$

45,201

 

Recognition of deferred revenue

 

 

(2,869

)

 

 

(5,454

)

Balance at end of period

 

$

18,334

 

 

$

39,747