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Collaboration Revenue (Tables)
12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Changes in Contract Liabilities

The following tables present changes in the Company’s contract liabilities during the year ended December 31, 2021 and 2020:

 

 

 

Balance as of December 31, 2020

 

 

Additions

 

 

Deductions

 

 

Balance as of December 31, 2021

 

Year ended December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue - related party

 

$

108,174

 

 

 

8,157

 

 

 

(12,514

)

 

$

103,817

 


 

 

 

Balance as of December 31, 2019

 

 

Additions

 

 

Deductions

 

 

Balance as of December 31, 2020

 

Year ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue - related party

 

$

110,071

 

 

 

10,000

 

 

 

(11,897

)

 

$

108,174

 

Deferred revenue

 

$

9,668

 

 

 

7,493

 

 

 

(17,161

)

 

$

-

 

During the year ended December 31, 2021, the Company recognized the following revenues as a result of changes in the contract liability balances in the respective periods:

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

Revenue recognized in the period from:

 

 

 

 

 

 

Amounts included in the contract liability at the beginning of the period

 

$

10,446

 

 

$

21,565