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Revenue from Contracts with Customers (Tables)
3 Months Ended
Mar. 31, 2025
Collaboration [Abstract]  
Summary of Disaggregation of Revenue

The following table presents revenue (in thousands) for the three months ended March 31, 2025 and 2024, disaggregated by geographic region and revenue type. Revenue by geographic region is allocated based on the domicile of our respective business operations.

 

 

 

Three months ended March 31, 2025

 

 

 

United States

 

 

Rest of World

 

 

Total

 

Revenue Type

 

 

 

 

 

 

 

 

 

Other services

 

$

 

 

$

510

 

 

$

510

 

Non-cash royalties

 

 

23,556

 

 

 

 

 

 

23,556

 

 

 

$

23,556

 

 

$

510

 

 

$

24,066

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended March 31, 2024

 

Revenue Type

 

 

 

 

 

 

 

 

 

Other services

 

$

 

 

$

238

 

 

$

238

 

Non-cash royalties

 

 

27,767

 

 

 

 

 

 

27,767

 

 

 

$

27,767

 

 

$

238

 

 

$

28,005

 

 

Schedule of Information about Contract Assets and Contract Liabilities from Contracts with Customers

The following table provides information about contract liabilities from contracts with customers (in thousands):

 

Three months ended March 31, 2025

 

Balance at beginning of period

 

 

Additions

 

 

Deductions

 

 

Balance at end of period

 

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue

 

$

1,174

 

 

$

5

 

 

$

(22

)

 

$

1,157