Research Collaboration and License Agreements (Tables)

9 Months Ended

Sep. 30, 2020

Research Collaboration And License Agreements [Abstract]

Summary of Contract Liabilities

Information about contract liabilities, which are recorded as deferred revenue on the condensed consolidated balance sheets, is as follows:

	September 30,		December 31,
	2020		2019
Contract liabilities	$	45,304,459	$	58,407,407
Revenues recognized in the period from:
Amounts included in deferred revenue in previous periods	$	17,318,637	$	14,335,188

Transaction Price Allocated to Performance Obligations

The aggregate amount of the transaction price allocated to performance obligations that are unsatisfied as of September 30, 2020 was $45.3 million, which is expected to be recognized as revenue for the years ending December 31 are (in millions):

Remainder of 2020	$	5.8
2021		20.6
2022		14.1
2023		4.8
	$	45.3