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Related Party Transactions
 9 Months Ended
Sep. 30, 2024
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
(a)    Board Member
For the three and nine months ended September 30, 2024 and 2023, the Company paid consulting fees of $109, $319, $105, and $315, respectively, to a member of its board of directors.
(b)    Bill & Melinda Gates Foundation
The Bill & Melinda Gates Foundation, an entity under common control with Bill & Melinda Gates Foundation Trust, a stockholder of the Company, 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 was $21, $91, $63, and $183 for the three and nine months ended September 30, 2024 and 2023, respectively.
For the three and nine months ended September 30, 2024 and 2023, the Company recognized $593, $1,507, $935, and $2,306, respectively, in drug discovery contribution revenue related to funds received under an agreement with the Bill & Melinda Gates Foundation, aimed at accelerating drug discovery in women’s health. As of September 30, 2024 and December 31, 2023, restricted cash on hand related to the arrangement was $139 and $2,251, respectively.
For the three and nine months ended September 30, 2024, the Company recognized $1,124 in software contribution revenue related to funds received under an agreement with the Bill & Melinda Gates Foundation to fund the initiative to accelerate the expansion of the Company's computational platform to predict toxicity associated with binding to off-target proteins. As of September 30, 2024, restricted cash on hand related to the arrangement was $3,917.
As of September 30, 2024, the Company had no receivables due from the Bill & Melinda Gates Foundation related to any of these agreements.
Gates Ventures, LLC is an entity under the control of William H. Gates III, who may be deemed to be the beneficial owner of more than 5% of the Company’s voting securities. The Company received $1,000 in contribution revenue in connection with its entry into an agreement with Gates Ventures, LLC annually from June 2020 to June 2022. In August 2023, the Company renewed the agreement with Gates Ventures, LLC and recognized $1,800 in contribution revenue upon extension of the agreement and $2,000 in contribution revenue upon the first anniversary of the extension. As of September 30, 2024 and December 31, 2023, the Company had no net receivables due from Gates Ventures, LLC.