XML 63 R31.htm IDEA: XBRL DOCUMENT v3.24.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Schedules of Concentration of Risk
The Company's accounts receivable arise from revenue arrangements with customers in different countries. The Company's revenue is primarily due to product sales, grants made by government-sponsored and private organizations, and royalties from its collaboration and license partners. The following customers accounted for more than 10% of total revenue or accounts receivable for the periods presented:
Percentage of Revenue
 for Year Ended December 31,
Percentage of Accounts Receivable as of December 31,
20232022202120232022
European Commission27 %40%*28 %10%
Government of Australia18 %21%***
Government of Canada*10%*59%*
Government of Israel****21%
U.S. government(1)
43 %19 %71 %*46%
CEPI**12 %**
SK bioscience, Co., Ltd.**14 %**
*Amounts represent less than 10%
(1)    Including the USG Agreement (as defined in Note 3) and the U.S. Department of Defense.
Schedule of Property and Equipment, Net The estimated useful lives of property and equipment are described below:
Useful Life
Buildings25 years
Machinery and equipment
5 - 7 years
Computer hardware3 years
Leasehold improvements
Shorter of useful life or remaining term of the lease
Property and equipment is comprised of the following as of (in thousands):
December 31,
20232022
Land and buildings$102,916 $101,342 
Machinery and equipment148,243 134,809 
Leasehold improvements48,310 18,895 
Computer hardware5,114 4,927 
Construction in progress76,156 81,566 
380,739 341,539 
Less: accumulated depreciation(74,968)(47,292)
Property and equipment, net$305,771 $294,247