Annual report pursuant to Section 13 and 15(d)

License and Collaboration Agreements (Tables)

v3.24.0.1
License and Collaboration Agreements (Tables)
12 Months Ended
Dec. 31, 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 Viatris License Agreement is as follows as of December 31, 2023 and 2022 (in thousands):
 
     2023     2022
 
Contract Assets and Unbilled Receivables            
Balance as of beginning of period
 
$
3,552
    $  
License transfer
          (35,000 )
Revenue recognized
    19,049       39,850  
Reclassification to accounts receivable related to costs billed under the Viatris License Agreement
    (21,194 )     (1,298 )
Balance as of end of period   $ 1,407     $ 3,552