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Revenues (Tables)
3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Summary of Revenues by Collaboration, Category of Revenue and Method of Recognition

The following table summarizes our revenues by collaboration, category of revenue, and the method of recognition (in millions):

 

 

 

Three Months Ended March 31,

 

 

Over time

Point in time

2023

 

 

2022

 

Gilead Collaboration

 

 

 

 

 

 

 

License and R&D services

*

 

 

17

 

 

 

8

 

Access rights

*

 

 

8

 

 

 

8

 

Taiho Collaboration

 

 

 

 

 

 

 

Access rights

*

 

 

-

 

 

 

2

 

Total revenues

 

 

$

25

 

 

$

18

 

Summary of Revenue Recognized as a Result of Changes in Deferred Revenue

The following table summarizes the revenue recognized as a result of changes in the deferred revenue balance (in millions):

 

 

 

Three Months Ended March 31,

 

 

 

 

2023

 

 

2022

 

Revenue recognized from amounts included in deferred revenue at the beginning of the period

 

 

$

25

 

 

$

18