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Collaboration and License Revenue (Tables)
12 Months Ended
Dec. 31, 2019
Collaboration And License Agreement Disclosure [Abstract]  
Changes in Contract Assets and Liabilities The following table presents changes in the Company’s contract assets and liabilities, which excludes research and development reimbursements under the cost sharing plan further discussed below, for the year ended December 31, 2018 (in thousands):

 

 

 

Year Ended December 31, 2018

 

 

Balance at

Beginning of Period

 

 

Additions

 

Deductions

 

 

Balance at End

of Period

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue

$

 

33,558

 

$

$

 

(33,558

)

$

 

Schedule Prepayments and Reimbursed Research and Development Expenses The following table presents the Sanofi prepayments and reimbursed research and development expenses for the years ended December 31, 2019, 2018 and 2017 (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Balance at beginning of year

 

$

12,973

 

 

$

4,432

 

 

$

 

Additions for advance billings

 

 

 

 

 

 

 

 

1,013

 

Payments received from Sanofi

 

 

5,521

 

 

 

31,659

 

 

 

10,697

 

Actual expenses incurred

 

 

(18,494

)

 

 

(23,118

)

 

 

(7,278

)

Balance at end of year

 

$

 

 

$

12,973

 

 

$

4,432