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Collaborations (Tables)
9 Months Ended
Sep. 30, 2020
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Change in Accounts Receivable, Contract Asset and Liabilities

The following table presents the changes in accounts receivable, contract assets and liabilities for the nine months ended September 30, 2020 (in thousands)

 

 

 

Balance at

December

31, 2019

 

 

Additions

 

 

Deductions

 

 

Balance at

September

30, 2020

 

Accounts receivable and contract assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Billed receivables - Sanofi

 

$

 

 

$

150,000

 

 

$

(150,000

)

 

$

 

Unbilled receivables - Sanofi

 

 

 

 

 

577

 

 

 

 

 

 

577

 

Total accounts receivable and contract assets

 

$

 

 

$

150,577

 

 

$

(150,000

)

 

$

577

 

Contract Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred Revenue - Vertex

 

$

52,991

 

 

$

 

 

$

(10,373

)

 

$

42,618

 

Deferred Revenue - Sanofi

 

 

 

 

 

150,577

 

 

 

(10,876

)

 

 

139,701

 

Total contract liabilities

 

$

52,991

 

 

$

150,577

 

 

$

(21,249

)

 

$

182,319