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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
Schedule of Concentration of Risk

The Company’s partners in collaboration and license agreements who represent 10% or more of the Company’s total revenue are as follows:

 

 

 

Three Months Ended March 31,

 

 

2022

 

2021

 Customer A

 

*

 

80%

 Customer B

 

98%

 

20%

Total

 

98%

 

100%

 

* Less than 10%

The Company’s partners in collaboration and license agreements who represent 10% or more of the Company’s total accounts receivable are as follows:

 

 

 

March 31,
2022

 

December 31,
2021

Customer A

 

0%

 

100%

Total

 

0%

 

100%

 

Schedule of Revenues by Geographic Region

The Company’s total revenues by geographic region, based on the location of the customer, are as follows (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Netherlands

 

$

1,191

 

 

$

392

 

Switzerland

 

 

 

 

 

1,605

 

United States

 

 

28

 

 

 

3

 

Total revenue

 

$

1,219

 

 

$

2,000

 

Schedule of Impact of Adoption of New Accounting Standard The following table summarizes the effect of the adoption of ASC 842 on the condensed statement of cash flows for the three months ended March 31, 2021 (in thousands):

 

 

 

Pre ASC 842

 

 

 

 

 

After ASC 842

 

 

 

Three Months Ended

 

 

ASC 842

 

 

Three Months Ended

 

 

 

March 31, 2021

 

 

Adjustments

 

 

March 31, 2021

 

Adjustments to reconcile net loss to net cash
   used in operating activities

 

 

 

 

 

 

 

 

 

Amortization of right-of-use assets

 

$

 

 

$

365

 

 

$

365

 

Changes in operating assets and liabilities

 

 

 

 

 

 

 

 

 

Operating lease liabilities

 

 

 

 

 

(365

)

 

 

(365

)

Supplemental disclosures of noncash investing and financing information

 

 

 

 

 

 

 

 

 

Decrease in right-of-use assets due to reduction in operating lease liabilities upon modification

 

 

 

 

 

(478

)

 

 

(478

)

 

At