XML 76 R43.htm IDEA: XBRL DOCUMENT v3.22.1
Investments and Equity Method Investments (Tables)
12 Months Ended
Dec. 31, 2021
Equity Method Investments And Joint Ventures [Abstract]  
Schedule of Investments and Equity Method Investments

Investments and equity method investments consisted of the following (in thousands):

 

 

 

As of December 31,

 

 

 

2021

 

 

2020

 

Investments:

 

 

 

 

 

 

Genomatica, Inc. preferred stock

 

$

55,000

 

 

$

55,000

 

Synlogic, Inc. common stock

 

 

15,345

 

 

 

13,696

 

Synlogic, Inc. warrants

 

 

6,166

 

 

 

5,504

 

Cronos Group Inc. common stock

 

 

10,331

 

 

 

 

Non-marketable equity securities

 

 

15,195

 

 

 

 

Total

 

$

102,037

 

 

$

74,200

 

Equity method investments (1):

 

 

 

 

 

 

Joyn Bio, LLC

 

$

11,694

 

 

$

28,924

 

Other

 

 

1,500

 

 

 

 

Total

 

$

13,194

 

 

$

28,924

 

 

(1) Equity method investments in Platform Ventures with a carrying value of zero as of December 31, 2021 and 2020 were excluded from the table above.

(Loss) gain on investments and equity method investments consisted of the following (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

(Loss) gain on investments:

 

 

 

 

 

 

 

 

 

Synlogic, Inc. common stock

 

$

1,649

 

 

$

(2,663

)

 

$

(19,403

)

Synlogic, Inc. warrants

 

 

662

 

 

 

(1,070

)

 

 

(7,797

)

Cronos Group Inc.

 

 

(13,854

)

 

 

 

 

 

 

Total

 

$

(11,543

)

 

$

(3,733

)

 

$

(27,200

)

Loss on equity method investments:

 

 

 

 

 

 

 

 

 

Joyn Bio, LLC

 

$

(17,230

)

 

$

(396

)

 

$

(1,730

)

Allonnia, LLC

 

 

(12,698

)

 

 

 

 

 

(24,480

)

Arcaea, LLC

 

 

(47,356

)

 

 

 

 

 

 

Glycosyn, LLC

 

 

 

 

 

 

 

 

(1,323

)

Total

 

$

(77,284

)

 

$

(396

)

 

$

(27,533

)