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Related Party Transactions
6 Months Ended
Jun. 30, 2021
Related Party Transactions [Abstract]  
Related Party Transactions

17. Related Party

As of June 30, 2021 and December 31, 2020, Regeneron owned 883,568 shares of the Company’s common stock, respectively. Regeneron became a related party in July 2019 as a result of Series B redeemable convertible preferred stock financing. For the three and six months ended June 30, 2021, the Company recorded revenue from the Regeneron Agreement of $4.8 million and $0.8 million, respectively. For the three and six months ended June 30, 2020, the Company recognized revenue from the Regeneron Agreement of $7.5 million and $9.5 million, respectively. As of June 30, 2021, the Company has deferred revenue of $13.1 million related to the Regeneron Agreement. See Note 10 for a discussion of the Regeneron Agreement.