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The Company and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Dec. 31, 2020
Schedule Of Revenue Associated With License Agreement
We recognized revenue associated with the following license agreements (in thousands):
 
   
Three Months Ended
December 31,
   
Six Months Ended
December 31,
 
   
2020
   
2019
   
2020
   
2019
 
KKC License Agreements
  $9,090   $673   $12,658   $1,470 
Helsinn License Agreement
   77    335    343    695 
   
 
 
   
 
 
   
 
 
   
 
 
 
   $9,167   $1,008   $13,001   $2,165 
   
 
 
   
 
 
   
 
 
   
 
 
 
Timing of Revenue Recognition:
                    
Services performed over time
  $9,167   $1,008   $13,001   $2,165 
   
 
 
   
 
 
   
 
 
   
 
 
 
   $9,167   $1,008   $13,001   $2,165 
   
 
 
   
 
 
   
 
 
   
 
 
 
Schedule of Changes in Contract Assets and Contract Liabilities
The following table presents changes in contract assets and contract liabilities during the six months ended December 31, 2020 and 2019 (in thousands):
   
Six Months Ended
December 31,
 
   
2020
   
2019
 
Receivables
          
Receivables, beginning of period
  $2,605   $—   
Net change
   (2,205   96 
   
 
 
   
 
 
 
Receivables, end of period
  $400   $96 
   
 
 
   
 
 
 
Contract assets
          
Contract assets, beginning of period
  $604   $686 
Net change
   9,602    (205
   
 
 
   
 
 
 
Contract assets, end of period
  $10,206   $481 
   
 
 
   
 
 
 
Contract liabilities
          
Contract liabilities, beginning of period
  $82,500   $7,774 
Net change
   2,334    (1,610
   
 
 
   
 
 
 
Contract liabilities, end of period
  $84,834   $6,164