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Collaborations (Tables)
12 Months Ended
Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Changes in Accounts Receivable and Contract Liabilities

The following table presents changes in the Company’s accounts receivable and contract liabilities during the years ended December 31, 2021 and 2020 (in thousands):

 

 

 

Balance at
Beginning of
Period

 

 

Additions

 

 

Deductions

 

 

Balance at End
of Period

 

Year Ended December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable

 

$

2,130

 

 

$

7,559

 

 

$

(7,658

)

 

$

2,031

 

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue

 

$

73,931

 

 

$

84,659

 

 

$

(31,355

)

 

$

127,235

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at
Beginning of
Period

 

 

Additions

 

 

Deductions

 

 

Balance at End
of Period

 

Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable

 

$

4,620

 

 

$

103,116

 

 

$

(105,606

)

 

$

2,130

 

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue

 

$

28,810

 

 

$

87,477

 

 

$

(42,356

)

 

$

73,931

 

Summary of Revenues Recognized Resulting From Changes in Contract Liability Balance

During the years ended December 31, 2021 and 2020, the Company recognized the following revenues as a result of changes in the contract liability balance (in thousands):

 

Revenue recognized in the period from:

 

Year Ended
December 31, 2021

 

 

Year Ended
December 31, 2020

 

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

 

$

22,544

 

 

$

11,571