Quarterly report pursuant to Section 13 or 15(d)

Collaboration and License Agreements (Tables)

v3.19.1
Collaboration and License Agreements (Tables)
3 Months Ended
Mar. 31, 2019
Organization Consolidation And Presentation Of Financial Statements [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

at Reporting

Date

 

Balance at December 31, 2018

 

$

12,890

 

Additions to deferred revenue

 

 

3,860

 

Revenue recognized

 

 

(7,024

)

Balance at March 31, 2019

 

$

9,726

 

Summary of Deferred Revenue Expected to Recognize Related to Collaboration Agreement

The Company expects to recognize deferred revenue related to the Collaboration Agreement as follows (in thousands):

 

Within 1 year

 

$

8,150

 

1-2 years

 

 

1,576

 

Total deferred revenue

 

$

9,726

 

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

at Reporting

Date

 

Balance at December 31, 2018

 

$

310

 

Costs recognized

 

 

(77

)

Balance at March 31, 2019

 

$

233

 

Summary of Deferred Costs Expected To Recognize Related to Execution of Collaboration Agreement

The Company expects to recognize deferred costs related to execution of the Collaboration Agreement as follows (in thousands):

 

Within 1 year

 

$

195

 

1-2 years

 

 

38

 

Total deferred costs

 

$

233