Annual report pursuant to Section 13 and 15(d)

Collaboration and Research Arrangements (Tables)

v3.20.4
Collaboration and Research Arrangements (Tables)
12 Months Ended
Dec. 31, 2020
Collaborative Arrangement Disclosure [Abstract]  
Schedule of changes in contract assets and liabilities

The following table presents the changes in contract assets and liabilities for the year ended December 31, 2020 (in thousands):

 

 

 

Balance at

December

31, 2019

 

 

Additions

 

 

Deductions

 

 

Balance at

December 31, 2020

 

Accounts receivable and contract assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Billed receivables from collaboration partners

 

$

20,000

 

 

$

6,644

 

 

$

26,637

 

 

$

7

 

Unbilled receivables from collaboration partners

 

 

158

 

 

 

7,725

 

 

 

5,559

 

 

 

2,324

 

Total accounts receivable and contract assets

 

$

20,158

 

 

$

14,369

 

 

$

32,196

 

 

$

2,331

 

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue - Incyte

 

$

8,378

 

 

$

335

 

 

$

3,348

 

 

$

5,365

 

Deferred revenue - GBT

 

 

20,000

 

 

 

746

 

 

 

4,025

 

 

 

16,721

 

Total contract liabilities

 

$

28,378

 

 

$

1,081

 

 

$

7,373

 

 

$

22,086