XML 30 R23.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Revenue recognition from Collaboration and License Agreements (Tables)
6 Months Ended
Jun. 30, 2024
Disaggregation of Revenue [Line Items]  
Schedule of Revenue From Collaboration Agreements

The following table presents revenue from collaboration agreements:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

(in thousands)

 

Roche Collaboration and License Agreement

 

$

1,073

 

 

$

4,825

 

 

$

50,888

 

 

$

10,137

 

Bristol-Myers Squibb Collaboration and License Agreement

 

 

 

 

 

14,951

 

 

 

2,589

 

 

 

15,317

 

Ono Collaboration Agreement

 

 

 

 

 

10,473

 

 

 

 

 

 

10,473

 

Total revenue

 

$

1,073

 

 

$

30,249

 

 

$

53,477

 

 

$

35,927

 

Roche  
Disaggregation of Revenue [Line Items]  
Schedule of Deferred Revenue

Deferred revenue pertaining to the Roche Agreement

 

Completion of Continuing Trials

 

 

 

(in thousands)

 

Balance as of December 31, 2023

 

$

9,463

 

Increase in collaboration revenue

 

 

41,425

 

Recognition as revenue, as the result of performance obligations satisfied

 

 

(50,888

)

Balance as of June 30, 2024

 

$

-

 

Bristol-Myers Squibb Company  
Disaggregation of Revenue [Line Items]  
Schedule of Deferred Revenue

Deferred revenue pertaining to the BMS Agreement

 

Options to license undruggable targets

 

 

 

(in thousands)

 

Balance as of December 31, 2023

 

$

2,489

 

Increase in collaboration revenue

 

 

100

 

Recognition as revenue, as the result of performance obligations satisfied

 

 

(2,589

)

Balance as of June 30, 2024

 

$