Annual report pursuant to Section 13 and 15(d)

Collaboration and License Agreements (Tables)

v3.20.1
Collaboration and License Agreements (Tables)
12 Months Ended
Dec. 31, 2019
Collaboration And License Agreements [Abstract]  
Summary of Reconciliation of Deferred Revenue Related to Collaboration Agreement

A reconciliation of the opening and closing balances of deferred revenue related to the Collaboration Agreement, which represents the unrecognized balance of the transaction price, is as follows (in thousands):

 

 

 

Deferred

Revenue

 

Balance at December 31, 2017

 

$

26,691

 

Cumulative effect of adoption of accounting standard

 

 

1,299

 

Additions to deferred revenue

 

 

18,486

 

Revenue recognized

 

 

(33,586

)

Balance at December 31, 2018

 

 

12,890

 

Additions to deferred revenue

 

 

8,826

 

Revenue recognized

 

 

(21,716

)

Balance at December 31, 2019

 

$

 

Summary of Reconciliation of Deferred Costs Related To Collaboration Agreement

A reconciliation of the opening and closing balances of deferred costs related to execution of the Collaboration Agreement is as follows (in thousands):

 

 

 

Deferred

Costs

 

Balance at December 31, 2017

 

$

 

Cumulative effect of adoption of accounting standard

 

 

687

 

Costs recognized

 

 

(377

)

Balance at December 31, 2018

 

 

310

 

Costs recognized

 

 

(310

)

Balance at December 31, 2019

 

$