COLLABORATION AND LICENSING AGREEMENTS (Tables)

9 Months Ended

Sep. 30, 2024

Collaboration and Licensing Agreements

Schedule of Deferred Revenue Balances

The following tables present changes in our current and non-current deferred revenue balances during the reporting period, which are all attributable to the 2017 Kyowa Kirin Agreement (in thousands):

	2024				2023
	Current		Non-Current		Current		Non-Current
Balance at January 1,	$	7,182	$	8,644	$	4,211	$	9,025
Amounts invoiced as prepayments for product supply	2,654		8,212		1,182		4,530
Decrease for revenue recognized for product supply	(6,650)		—		(4,586)		—
Reclassify amounts to be recognized in the next twelve months	4,086		(4,086)		3,265		(3,265)
Balance at September 30,	$	7,272	$	12,770	$	4,072	$	10,290