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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2025
Collaboration [Abstract]  
Summary of Disaggregation of Revenue

The following table presents revenue (in thousands) for the three and six months ended June 30, 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 June 30, 2025

 

 

 

United States

 

 

Rest of World

 

 

Total

 

Revenue Type

 

 

 

 

 

 

 

 

 

Clinical product revenue

 

$

334

 

 

$

 

 

$

334

 

Other services

 

 

 

 

 

526

 

 

 

526

 

Non-cash royalties

 

 

24,831

 

 

 

 

 

 

24,831

 

 

 

$

25,165

 

 

$

526

 

 

$

25,691

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended June 30, 2024

 

Revenue Type

 

 

 

 

 

 

 

 

 

Clinical product revenue

 

$

267

 

 

$

 

 

$

267

 

Other services

 

 

 

 

 

660

 

 

 

660

 

Non-cash royalties

 

 

22,582

 

 

 

 

 

 

22,582

 

 

 

$

22,849

 

 

$

660

 

 

$

23,509

 

 

 

 

Six months ended June 30, 2025

 

 

 

United States

 

 

Rest of World

 

 

Total

 

Revenue Type

 

 

 

 

 

 

 

 

 

Clinical product revenue

 

$

334

 

 

$

 

 

$

334

 

Other services

 

 

 

 

 

1,036

 

 

 

1,036

 

Non-cash royalties

 

 

48,387

 

 

 

 

 

 

48,387

 

 

 

$

48,721

 

 

$

1,036

 

 

$

49,757

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended June 30, 2024

 

Revenue Type

 

 

 

 

 

 

 

 

 

Clinical product revenue

 

$

267

 

 

$

 

 

$

267

 

Other services

 

 

 

 

 

898

 

 

 

898

 

Non-cash royalties

 

 

50,349

 

 

 

 

 

 

50,349

 

 

 

$

50,616

 

 

$

898

 

 

$

51,514

 

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):

 

Six months ended June 30, 2025

 

Balance at beginning of period

 

 

Additions

 

 

Deductions

 

 

Balance at end of period

 

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue

 

$

1,174

 

 

$

45

 

 

$

(31

)

 

$

1,188