Collaboration and Profit-Sharing Agreements (Tables)

6 Months Ended

Jun. 30, 2020

Collaboration and Profit-Sharing Agreements

Schedule of accounts receivable and contract liabilities

The following table presents changes in the Company’s accounts receivable and contract liabilities for the six months ended June 30, 2020 (in thousands):

For the six months ended June 30, 2020	Balance at December 31, 2019		Additions		Deductions		Balance at June 30, 2020
Accounts receivable	$	418	$	1,447	$		$	1,865
Contract liabilities:
Deferred revenue	$	186,721	$	508	$	(7,883)	$	179,346

Schedule of change in contract assets and contract liabilities

During the three and six months ended June 30, 2020, the Company recognized the following collaboration revenue (in thousands):

	Three Months Ended		Six Months Ended
Revenue recognized in the period from:	June 30, 2020
Amounts included in deferred revenue at the beginning of the period	$	3,066	$	7,883
Performance obligations satisfied in previous periods	$	—	$	60