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

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

 

 

 

United States

 

 

Rest of World

 

 

Total

 

Revenue Type

 

 

 

 

 

 

 

 

 

Clinical product revenue

 

$

1,087

 

 

$

 

 

$

1,087

 

Other services

 

 

 

 

 

 

 

 

 

Non-cash royalties

 

 

29,148

 

 

 

 

 

 

29,148

 

 

 

$

30,235

 

 

$

 

 

$

30,235

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended September 30, 2024

 

Revenue Type

 

 

 

 

 

 

 

 

 

Other services

 

$

 

 

$

454

 

 

$

454

 

Non-cash royalties

 

 

24,658

 

 

 

 

 

 

24,658

 

 

 

$

24,658

 

 

$

454

 

 

$

25,112

 

 

 

 

Nine months ended September 30, 2025

 

 

 

United States

 

 

Rest of World

 

 

Total

 

Revenue Type

 

 

 

 

 

 

 

 

 

Clinical product revenue

 

$

1,421

 

 

$

 

 

$

1,421

 

Other services

 

 

 

 

 

1,036

 

 

 

1,036

 

Non-cash royalties

 

 

77,535

 

 

 

 

 

 

77,535

 

 

 

$

78,956

 

 

$

1,036

 

 

$

79,992

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended September 30, 2024

 

Revenue Type

 

 

 

 

 

 

 

 

 

Clinical product revenue

 

$

267

 

 

$

 

 

$

267

 

Other services

 

 

 

 

 

1,353

 

 

 

1,353

 

Non-cash royalties

 

 

75,006

 

 

 

 

 

 

75,006

 

 

 

$

75,273

 

 

$

1,353

 

 

$

76,626

 

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):

 

Nine months ended September 30, 2025

 

Balance at beginning of period

 

 

Additions

 

 

Deductions

 

 

Balance at end of period

 

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue

 

$

1,174

 

 

$

45

 

 

$

(31

)

 

$

1,188