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License Agreements (Tables)
9 Months Ended
Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Success Payment Liability

The following table summarizes the Company’s success payment liability for Harvard (in thousands):

 

 

 

September 30,
2022

 

 

December 31,
2021

 

Harvard success payment liability

 

$

10,500

 

 

$

21,000

 

The following table summarizes the Company’s success payment liability for Broad Institute (in thousands):

 

 

 

September 30,
2022

 

 

December 31,
2021

 

Broad Institute success payment liability

 

$

10,800

 

 

$

21,200

 

Schedule of Change in Fair Value of Success Payment Liability

The following table summarizes the expense resulting from the change in the fair value of the success payment liability for Harvard (in thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Change in fair value of Harvard success payment liability

 

$

2,400

 

 

$

(17,900

)

 

$

(10,500

)

 

$

4,200

 

The following table summarizes the expense resulting from the change in the fair value of the success payment liability for Broad Institute (in thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Change in fair value of Broad Institute success payment liability

 

$

2,500

 

 

$

(17,900

)

 

$

(10,400

)

 

$

4,200