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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Schedule of Concentration of Risk

The Company’s partners in collaboration and license agreements who represent 10% or more of the Company’s total revenue are as follows:

 

 

 

Year Ended December 31,

 

 

 

2021

 

2020

 

Customer A

 

95%

 

95%

 

Customer B

 

*

 

*

 

Total

 

95%

 

95%

 

 

* Less than 10%

The Company’s partners in collaboration and license agreements who represent 10% or more of the Company’s total accounts receivable are as follows:

 

 

 

December 31,

 

 

2021

 

2020

Customer A

 

100%

 

74%

Customer B

 

0%

 

26%

Total

 

100%

 

100%

Schedule of Revenues by Geographic Region

The Company’s total revenues by geographic region, based on the location of the customer, are as follows (in thousands):

 

 

 

Year Ended December 31,

 

 

 

 

2021

 

 

2020

 

 

Netherlands

 

$

736

 

 

$

742

 

 

Switzerland

 

 

17,181

 

 

 

12,897

 

 

United States

 

 

121

 

 

 

(27

)

 

Total revenue

 

$

18,038

 

 

$

13,612

 

 

Schedule of Impact of Adoption of New Accounting Standard The impact of adoption of the new lease standard as of January 1, 2021 is summarized as follows:

 

 

December 31, 2020

 

 

ASC 842 Adjustments

 

 

January 1, 2021

 

Operating lease right-of-use assets

 

$

 

 

$

16,537

 

 

$

16,537

 

Prepaid expenses and other current assets

 

 

4,444

 

 

 

(214

)

 

 

4,230

 

Accrued and other current liabilities

 

 

(8,371

)

 

 

68

 

 

 

(8,303

)

Other liabilities

 

 

(1,852

)

 

 

1,696

 

 

 

(156

)

Operating lease liabilities, current

 

 

 

 

 

(2,029

)

 

 

(2,029

)

Operating lease liabilities, long-term

 

 

 

 

 

(16,058

)

 

 

(16,058

)