XML 41 R29.htm IDEA: XBRL DOCUMENT v3.22.1
License, Collaboration, and Success Payment Agreements - Narrative (Details)
1 Months Ended 3 Months Ended
Jun. 30, 2021
USD ($)
Dec. 31, 2020
USD ($)
Jun. 30, 2020
USD ($)
$ / shares
shares
May 31, 2019
$ / shares
shares
Mar. 31, 2022
USD ($)
performance_obligation
Dec. 31, 2021
USD ($)
Mar. 31, 2021
USD ($)
Apr. 30, 2021
USD ($)
Oct. 31, 2020
USD ($)
$ / shares
Dec. 31, 2019
USD ($)
payment
collaboration_target
representative
Dec. 31, 2018
USD ($)
$ / shares
Description Of Organization [Line Items]                      
Research and development expense         $ 35,830,000   $ 41,529,000        
PACT                      
Description Of Organization [Line Items]                      
Impairment of other investments           $ 36,400,000          
Series A Convertible Preferred Stock                      
Description Of Organization [Line Items]                      
Convertible preferred stock, par value (in dollars per share) | $ / shares                 $ 1.83   $ 1.83
Fred Hutch | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement                      
Description Of Organization [Line Items]                      
Annual license maintenance payments                     $ 50,000
Aggregate research payments due                     $ 12,000,000
Term of collaborative arrangement for research                     6 years
Research and development expense         500,000   1,000,000        
Term of success payment agreement                     9 years
Trigger period from IPO date                     1 year
Trigger period thereafter                     2 years
Fair value of potential success payments due         4,400,000 8,500,000          
Success payment liability         3,600,000 6,400,000          
Success payment expenses         (2,800,000)   8,100,000        
Fred Hutch | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement | Fifty Times                      
Description Of Organization [Line Items]                      
Multiple of initial equity value at issuance                     50
Aggregate success payment(s) (in millions)                     $ 200,000,000
Per share common stock price required for payment (in dollars per share) | $ / shares                     $ 91.44
Fred Hutch | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement | Minimum                      
Description Of Organization [Line Items]                      
Multiple of initial equity value at issuance                     10
Aggregate success payment(s) (in millions)                     $ 10,000,000
Per share common stock price required for payment (in dollars per share) | $ / shares                     $ 18.29
Fred Hutch | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement | Maximum                      
Description Of Organization [Line Items]                      
Multiple of initial equity value at issuance                     50
Aggregate success payment(s) (in millions)                     $ 200,000,000
Per share common stock price required for payment (in dollars per share) | $ / shares                     $ 91.44
Stanford | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement                      
Description Of Organization [Line Items]                      
Annual license maintenance payments                   $ 50,000  
Aggregate research payments due                 $ 12,000,000    
Term of collaborative arrangement for research                 4 years    
Research and development expense         800,000   800,000        
Term of success payment agreement                 9 years    
Trigger period from IPO date                 1 year    
Trigger period thereafter                 2 years    
Fair value of potential success payments due         5,500,000 9,900,000          
Success payment liability         2,100,000 3,100,000          
Success payment expenses         (1,000,000.0)   1,900,000        
Stanford | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement | Fifty Times                      
Description Of Organization [Line Items]                      
Multiple of initial equity value at issuance                 50    
Aggregate success payment(s) (in millions)                 $ 200,000,000    
Per share common stock price required for payment (in dollars per share) | $ / shares                 $ 91.44    
Stanford | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement | License                      
Description Of Organization [Line Items]                      
Potential milestone payments due                   2,500,000  
Stanford | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement | Minimum                      
Description Of Organization [Line Items]                      
Multiple of initial equity value at issuance                 10    
Aggregate success payment(s) (in millions)                 $ 10,000,000    
Per share common stock price required for payment (in dollars per share) | $ / shares                 $ 18.29    
Stanford | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement | Maximum                      
Description Of Organization [Line Items]                      
Multiple of initial equity value at issuance                 50    
Aggregate success payment(s) (in millions)                 $ 200,000,000    
Per share common stock price required for payment (in dollars per share) | $ / shares                 $ 91.44    
Stanford | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement | Maximum | License                      
Description Of Organization [Line Items]                      
Potential milestone payments due                   $ 3,700,000  
GSK | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement                      
Description Of Organization [Line Items]                      
Contract liabilities         84,100,000 $ 84,700,000          
Revenue recognized         600,000   2,400,000        
GSK | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement | License                      
Description Of Organization [Line Items]                      
Number of initial collaboration targets | collaboration_target                   2  
Number of additional collaboration targets | collaboration_target                   7  
Number of representatives of JSC appointed by company | representative                   3  
Contract liabilities   $ 45,000,000     $ 0         $ 45,000,000  
Revenue, remaining performance obligation, variable consideration amount, number of one-time payments | payment                   2  
Stock Purchase Agreement portion of transaction price   58,600,000                  
Transaction price   103,600,000                  
Number of performance obligations | performance_obligation         2            
Revenue recognized         $ 0   0        
Contract assets         0            
Capitalized contract costs         0            
GSK | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement | License | Series AA Convertible Preferred Stock                      
Description Of Organization [Line Items]                      
Stock sold under Stock Purchase Program (in shares) | shares       30,253,189              
Price per share of stock sold under Stock Purchase Program (in dollars per share) | $ / shares       $ 6.78              
Fair value per share of stock sold under Stock Purchase Program (in dollars per share) | $ / shares       $ 4.84              
GSK | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement | Maximum | License                      
Description Of Organization [Line Items]                      
Potential milestone payments, technology validation                   $ 200,000,000  
Potential milestone payments, within pipeline                   400,000,000  
Potential milestone payments, not within pipeline                   $ 900,000,000  
Variable consideration amount               $ 400,000,000      
PACT | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement                      
Description Of Organization [Line Items]                      
Upfront payment     $ 50,000,000                
Stock purchase agreement, stock purchased (in shares) | shares     17,806,901                
Stock purchase agreement, purchase price per share (in dollars per share) | $ / shares     $ 2.81                
Stock purchase agreement, fair value per share (in dollars per share) | $ / shares     $ 2.05                
Additional purchase price consideration     $ 13,600,000                
Total upfront payment paid     63,600,000                
PACT | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement | Other Investment                      
Description Of Organization [Line Items]                      
Strategic equity investment     $ 36,400,000                
NCI | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement                      
Description Of Organization [Line Items]                      
Research and development expense   100,000                  
Upfront payment $ 25,000                    
Maintenance fees         $ 105,000   $ 75,000        
Maximum aggregate development milestone payments $ 75,000 3,100,000                  
Maximum aggregate commercial milestone payments   $ 12,000,000