v3.25.2
Collaboration, Out-Licensing and Related Agreements (Table)
6 Months Ended
Jun. 30, 2025
Collaborative Arrangement [Abstract]  
Schedule of Reconciliation of Contract and Financing Liability from ALK Collaboration Agreement

A reconciliation of the contract liability from the ALK Collaboration Agreement is as follows (in thousands):

Balance at December 31, 2024

 

$

2,089

 

Revenue recognized under the ALK Collaboration Agreement

 

 

(240

)

Balance at June 30, 2025

 

$

1,849

 

ALK Financing Liability

A reconciliation of the financing liability from the ALK Collaboration Agreement is as follows (in thousands):

Balance at December 31, 2024

 

$

69,383

 

Commercial milestone allocated to the EEA License

 

 

2,435

 

Sales-based royalties earned in the EEA

 

 

141

 

Balance at June 30, 2025

 

$

71,959