Collaborations (Tables)

12 Months Ended

Dec. 31, 2022

Genmab Agreement

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Schedule of Changes in Contract Liability

The following table presents changes in the Company’s contract liability (in thousands):

Balance at December 31, 2020	$	—
Addition—fixed consideration		11,362
Addition—amount billed for research and development services		472
Revenue recognized		(1,260	)
Balance at December 31, 2021		10,574
Addition—amount billed for research and development services		2,166
Revenue recognized		(4,242	)
Balance at December 31, 2022	$	8,498

Innovent Agreement

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Schedule of Changes in Contract Liability

The following table presents changes in the Company’s contract liability (in thousands):

Balance at December 31, 2021	$	5,000
Addition—amount billed for research and development services		1,444
Revenue recognized in 2022		(1,487	)
Balance at December 31, 2022	$	4,957