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Collaboration Revenue (Tables)
12 Months Ended
Dec. 31, 2019
Revenue From Contract With Customer [Abstract]  
Changes in Contract Liabilities

The following tables present changes in the Company’s contract liabilities during the twelve months ended December 31, 2019 and 2018:

 

 

 

Balance as of

December 31,

2018

 

 

Additions

 

 

Deductions

 

 

Balance as of

December 31,

2019

 

Year ended December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue - related party

 

 

137,259

 

 

 

 

 

 

(27,188

)

 

 

110,071

 

Deferred revenue

 

 

 

 

 

15,883

 

 

 

(6,215

)

 

 

9,668

 

 

 

 

Balance as of

January 1,

2018

 

 

Additions

 

 

Deductions

 

 

Balance as of

December 31,

2018

 

Year ended December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue - related party

 

 

123,783

 

 

 

40,393

 

 

 

(26,917

)

 

 

137,259

 

 

During the twelve months ended December 31, 2019 the Company recognized the following revenues as a result of changes in the contract liability balances in the respective periods:

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

Revenue recognized in the period from:

 

 

 

 

 

 

 

 

Amounts included in the contract liability at the beginning of the period

 

 

27,188

 

 

 

15,774