Annual report pursuant to Section 13 and 15(d)

Collaboration and Research Arrangements (Tables)

v3.22.0.1
Collaboration and Research Arrangements (Tables)
12 Months Ended
Dec. 31, 2021
Collaborative Arrangement Disclosure [Abstract]  
Summary of Changes in Contract Assets and Liabilities

The following table presents the changes in contract assets and liabilities for the year ended December 31, 2021 (in thousands):

 

 

 

Balance at

December

31, 2020

 

 

Additions

 

 

Deductions

 

 

Balance at December 31, 2021

 

Accounts receivable and contract assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Billed receivables from collaboration partners

 

$

7

 

 

$

10,931

 

 

$

(10,938

)

 

$

 

Unbilled receivables from collaboration partners

 

 

2,324

 

 

 

11,410

 

 

 

(10,755

)

 

 

2,979

 

Total accounts receivable and contract assets

 

$

2,331

 

 

$

22,341

 

 

$

(21,693

)

 

$

2,979

 

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue - Incyte

 

$

5,365

 

 

$

 

 

$

(4,097

)

 

$

1,268

 

Deferred revenue - GBT

 

 

16,721

 

 

 

174

 

 

 

(7,982

)

 

 

8,913

 

Total contract liabilities

 

$

22,086

 

 

$

174

 

 

$

(12,079

)

 

$

10,181