Quarterly report pursuant to Section 13 or 15(d)

License and Collaboration Agreements (Tables)

v3.23.2
License and Collaboration Agreements (Tables)
6 Months Ended
Jun. 30, 2023
License and Collaboration Agreements [Abstract]  
Reconciliation of Contract Asset assets and Unbilled Receivables

A reconciliation of the closing balance of the contract assets and unbilled receivables associated with the Nyxol License Agreement is as follows as of June 30, 2023 (in thousands):


Contract Assets and Unbilled Receivables
     
Balance as of December 31, 2022
 
$
3,552
 
Revenue recognized
   
5,423
 
Reclassification to accounts receivable related to costs billed under the Nyxol License Agreement
   
(6,380
)
Balance as of June 30, 2023
 
$
2,595