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MAJOR CUSTOMERS, PARTNERSHIPS AND STRATEGIC ALLIANCES (Tables) | 9 Months Ended
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Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Disaggregation of Revenue | Revenues recognized under the agreement were as follows (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Revenue related to Genentech agreement: |  |  |  |  |  |  |
Recognition of license revenue | $ | 48,679 |  |  | $ | — |  |  | $ | 48,679 |  |  | $ | — |
Research services | 547 |  |  | — |  |  | 547 |  |  | — |
Total | $ | 49,226 |  |  | $ | — |  |  | $ | 49,226 |  |  | $ | — |
Revenues recognized under these agreements were as follows (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Revenue related to Kite agreement: |  |  |  |  |  |  |
Recognition of license fee fixed consideration | $ | — |  |  | $ | 5,388 |  |  | $ | — |  |  | $ | 17,938 |
Research services variable consideration | — |  |  | 108 |  |  | — |  |  | 1,097 |
Total | $ | — |  |  | $ | 5,496 |  |  | $ | — |  |  | $ | 19,035 |
Revenue related to Novartis agreement: |  |  |  |  |  |  |
Recognition of upfront license fee | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 9,568 |
Research services | — |  |  | — |  |  | — |  |  | 2,611 |
Total | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 12,179 |
Revenue related to Biogen agreement: |  |  |  |  |  |  |
Recognition of license and other fixed consideration | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 132,165 |
Cost-sharing payments for research services, net variable consideration | — |  |  | — |  |  | — |  |  | 2,684 |
Total | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 134,849 |
Revenue from other license agreements | $ | 186 |  |  | $ | 3,902 |  |  | $ | 1,023 |  |  | $ | 8,127 |
Total revenue | $ | 186 |  |  | $ | 9,398 |  |  | $ | 1,023 |  |  | $ | 174,190 |

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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