Collaboration and Profit-Sharing Agreements (Tables)

9 Months Ended

Sep. 30, 2022

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 nine months ended September 30, 2022 (in thousands):

For the nine months ended September 30, 2022	Balance at December 31, 2021		Additions		Deductions		Balance at September 30, 2022
Accounts receivable	$	267	$	1,694	$	(1,841)	$	120
Contract liabilities:
Deferred revenue	$	72,221	$	8,150	$	(11,483)	$	68,888

Schedule of change in contract assets and contract liabilities

During the three and nine months ended September 30, 2022, the Company recognized the following collaboration revenue (in thousands):

	Three Months Ended		Nine Months Ended
Revenue recognized in the period from:	September 30, 2022
Amounts included in deferred revenue at the beginning of the period	$	—	$	11,483
Performance obligations satisfied in previous periods	$	—	$	—