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Collaboration and License Agreements (Tables)
12 Months Ended
Dec. 31, 2021
Collaboration And License Agreements [Abstract]  
Summary of Allocation of Total Transaction Price and Unsatisfied Transaction Price

The following table summarizes the allocation of the total transaction price to the identified performance obligations under the arrangement, and the amount of the transaction price unsatisfied as of December 31, 2021 (in thousands):

 

 

Transaction

Price

Allocated

 

 

Transaction

Price

Unsatisfied

 

Performance obligations:

 

 

 

 

 

 

 

 

Research and development targets

 

$

58,628

 

 

$

26,996

 

Option rights

 

 

6,694

 

 

 

3,488

 

Total

 

$

65,322

 

 

$

30,484

 

Schedule of Revenue from Collaboration Agreements

Revenue from collaboration agreements was as follows (in thousands):

 

 

Years Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

Revenue from collaboration agreements:

 

 

 

 

 

 

 

 

 

 

 

 

Roche Agreement

 

$

19,379

 

 

$

9,051

 

 

$

6,409

 

Biogen Agreement

 

 

15,720

 

 

 

9,913

 

 

 

2,432

 

Calico Agreement

 

 

10,686

 

 

 

14,231

 

 

 

12,540

 

Total revenue from collaboration agreements

 

$

45,785

 

 

$

33,195

 

 

$

21,381

 

Schedule of Financial Information Related to Collaboration and License Agreements

Supplemental information related to the collaboration and license agreements consisted of the following in the Company’s consolidated balance sheet as of December 31, 2021 (in thousands):

 

 

Accounts

Receivable

 

 

Deferred

Revenue,

Current

 

 

Deferred

Revenue,

Net of Current

 

 

Deferred

Revenue,

Total

 

Supplemental information:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Roche Agreement

 

$

1,215

 

 

$

5,601

 

 

$

17,215

 

 

$

22,816

 

Biogen Agreement

 

 

3,000

 

 

 

24,032

 

 

 

6,611

 

 

 

30,643

 

Calico Agreement

 

 

1,501

 

 

 

2,167

 

 

 

542

 

 

 

2,709

 

Total

 

$

5,716

 

 

$

31,800

 

 

$

24,368

 

 

$

56,168

 

 

Supplemental information related to the collaboration and license agreements consisted of the following in the Company’s consolidated balance sheet as of December 31, 2020 (in thousands):

 

 

Accounts

Receivable

 

 

Deferred

Revenue,

Current

 

 

Deferred

Revenue,

Net of Current

 

 

Deferred

Revenue,

Total

 

Supplemental information:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Roche Agreement

 

 

750

 

 

 

11,238

 

 

 

26,991

 

 

 

38,229

 

Biogen Agreement

 

 

776

 

 

 

13,965

 

 

 

26,026

 

 

 

39,991

 

Calico Agreement

 

 

2,958

 

 

 

2,400

 

 

 

600

 

 

 

3,000

 

Total

 

$

4,484

 

 

$

27,603

 

 

$

53,617

 

 

$

81,220

 

Schedule of Supplemental Financial Information Related to Collaboration and License Agreements

Supplemental financial information related to the collaboration and license agreements are (in thousands):

 

 

Years Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

Revenue recognized that was included in the contract liability at the beginning of the period

 

$

34,363

 

 

$

17,570

 

 

$

11,948

 

Revenue recognized from performance obligations fully or partially satisfied in previous periods

 

 

1,654

 

 

 

348