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Collaborations (Tables)
3 Months Ended
Mar. 31, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Summary of Changes in Accounts Receivable and Contract Liabilities

The following table presents changes in the Company’s accounts receivable and contract liabilities during the three months ended March 31, 2021 and 2020 (in thousands):

 

 

Balance at

Beginning of

Period

 

 

Additions

 

 

Deductions

 

 

Balance at End

of Period

 

Three Months Ended March 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable

 

$

2,130

 

 

$

953

 

 

$

(2,130

)

 

$

953

 

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue

 

$

73,931

 

 

$

-

 

 

$

(5,558

)

 

$

68,373

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at

Beginning of

Period

 

 

Additions

 

 

Deductions

 

 

Balance at End

of Period

 

Three Months Ended March 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable

 

$

4,620

 

 

$

9,765

 

 

$

(1,017

)

 

$

13,368

 

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue

 

$

28,810

 

 

$

-

 

 

$

(3,151

)

 

$

25,659

 

Summary of Revenues Recognized Resulting From Changes in Contract Liability Balance

During the three months ended March 31, 2021 and 2020, the Company recognized the following revenues as a result of changes in the contract liability balance (in thousands):

 

 

Three Months Ended March 31,

 

Revenue recognized in the period from:

 

 

2021

 

 

 

2020

 

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

 

$

5,558

 

 

$

3,151