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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2021
Revenue From Contract With Customer [Abstract]  
Summary of Revenue Disaggregated by Research Program

The following table presents revenue disaggregated by research program (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

MAT2A

 

$

7,230

 

 

$

6,048

 

Pol Theta

 

 

12,894

 

 

 

7,917

 

WRN

 

 

7,817

 

 

 

5,573

 

Total collaboration revenue

 

$

27,941

 

 

$

19,538

 

Summary of Changes in Contact Liabilities

The following table presents the significant changes in the balance of contract liabilities during the year ended December 31, 2021 (in thousands):

 

 

 

Contract liabilities

 

Balance as of December 31, 2020

 

$

83,773

 

Reclassification to revenue, as the result of performance obligations satisfied

 

 

(27,941

)

Cash received for cost reimbursement

 

 

3,414

 

Increase in accounts receivable

 

 

986

 

Balance as of December 31, 2021

 

$

60,232

 

Summary of Transaction Price Allocated to Remaining Performance Obligations The following table presents the transaction price allocated to the remaining performance obligations as of December 31, 2021 (in thousands):

 

Performance Obligations

 

Allocation of Transaction Price

 

MAT2A R&D Services

 

$

9,486

 

Pol Theta R&D Services

 

 

13,751

 

WRN R&D Services

 

 

20,829

 

The Option

 

 

17,680

 

MAT2A Supply

 

 

2,411

 

Total transaction price allocated to the remaining performance obligations

 

$

64,157