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Related Party Transactions

3 Months Ended

Mar. 31, 2020

(10)	Related Party Transactions

(a)	D. E. Shaw

As of March 31, 2020, companies collectively controlled by David E. Shaw and/or affiliates of companies controlled by David E. Shaw (“D. E. Shaw entities”), owned 16,496,156 shares of issued and outstanding common stock. As of December 31, 2019, D. E. Shaw entities owned 123,314,389 shares of the issued and outstanding Series A Preferred stock.

For the three months ended March 31, 2020 and 2019, the Company licensed technology and purchased services for $1,565 and $2,101, respectively, from D. E. Shaw entities. In addition, D. E. Shaw entities purchased certain products and services from, and provided cost reimbursements to, the Company totaling $28 and $18 for the three months ended March 31, 2020 and 2019, respectively. As of March 31, 2020 and December 31, 2019, the Company had net payables of $1,890 and $1,760, respectively, to D.E. Shaw entities.

(b)	Board Member

For the three months ended March 31, 2020 and 2019, the Company paid consulting fees of $127 and $87, respectively, to a member of its board of directors.

(c)	Bill and Melinda Gates Foundation

As of March 31, 2020, Bill and Melinda Gates Foundation Trust (“BMGFT”) owned 6,981,664 shares and 13,164,193 shares of common stock and limited common stock, respectively. As of December 31, 2019, BMGFT owned 29,468,101 shares, 47,242,235 shares, 35,946,010 shares, and 33,543,539 shares of issued and outstanding Series B, Series C, Series D, and Series E Preferred stock, respectively.

For the three months ended March 31, 2020 and 2019, the Bill & Melinda Gates Foundation, an entity under common control with BMGFT, issued a grant under which it agreed to pay the Company directly for certain licenses and services provided to a specified group of third-party organizations. Revenue recognized for services provided by the Company under this grant were $778 and $350 for the three months ended March 31, 2020 and 2019, respectively. As of March 31, 2020 and December 31, 2019, the Company had net receivables of $558 and $294, respectively, due from the Bill & Melinda Gates Foundation.

(d)

Nimbus

For the three months ended March 31, 2020 and 2019, the Company recognized revenue of $86 and $301, respectively, from collaboration services agreements with Nimbus.