Grants	6 Months Ended
Jun. 30, 2021
Grants
Grants	8. Grants In April 2020, CASI Wuxi received RMB 15.9 million (equivalent to $2.2 million) from the Jiangsu Province Wuxi Huishan Economic Development Zone as a government grant for this development project which was recorded as deferred income in April 2020. The grant will be amortized over the term of the lease of the land. Since April 2020, the Company has recognized RMB 401,000 in deferred income as of June 30, 2021, and therefore, RMB 15.5 million (equivalent to $2.4 million) remain as deferred income in the unaudited condensed balance sheet as of June 30, 2021. The Company recognized $12,000 and $11,000 of other income during the three months ended June 30, 2021 and 2020, respectively. The Company recognized $25,000 and $11,000 of other income during the six months ended June 30, 2021 and 2020, respectively.

Grants

6 Months Ended

Jun. 30, 2021

8. Grants

In April 2020, CASI Wuxi received RMB 15.9 million (equivalent to $2.2 million) from the Jiangsu Province Wuxi Huishan Economic Development Zone as a government grant for this development project which was recorded as deferred income in April 2020. The grant will be amortized over the term of the lease of the land. Since April 2020, the Company has recognized RMB 401,000 in deferred income as of June 30, 2021, and therefore, RMB 15.5 million (equivalent to $2.4 million) remain as deferred income in the unaudited condensed balance sheet as of June 30, 2021. The Company recognized $12,000 and $11,000 of other income during the three months ended June 30, 2021 and 2020, respectively. The Company recognized $25,000 and $11,000 of other income during the six months ended June 30, 2021 and 2020, respectively.