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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Summary of the Total Amount of Revenue for Each Such Customer

The revenue recognized for Research and Development Services and Product Revenue were as follows:

 

 

 

For the three months ended June 30,

 

 

For the six months ended June 30,

 

(In thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Research and Development Services

 

$

2,982

 

 

$

1,030

 

 

$

3,715

 

 

$

2,630

 

Product Revenue

 

 

56

 

 

 

113

 

 

 

66

 

 

 

312

 

Revenue, net

 

$

3,038

 

 

$

1,143

 

 

$

3,781

 

 

$

2,942

 

Summary of Opening and Closing Balances of Our Accounts Receivable, Unbilled Receivables, Contract Assets and Deferred Revenue

The opening and closing balances of our accounts receivable, unbilled receivables, contract assets and deferred revenue are as follows:

 

(In thousands)

 

Accounts receivable

 

 

Unbilled receivable

 

 

Contract assets
(current)

 

 

Contract assets
(long-term)

 

 

Deferred revenue
(current)

 

Ending Balance as of December 31, 2021

 

$

788

 

 

$

221

 

 

$

94

 

 

$

36

 

 

$

30

 

Increase/(decrease), net

 

 

359

 

 

 

2,603

 

 

 

(37

)

 

 

 

 

 

412

 

Ending Balance as of June 30, 2022

 

$

1,147

 

 

$

2,824

 

 

$

57

 

 

$

36

 

 

$

442