v3.26.1
Collaboration and license agreements (Tables)
12 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of deferred revenue amounts allocated to performance obligations

The following table summarizes the deferred revenue amounts allocated to the Roche Agreement performance obligations (in thousands):

 

 

December 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Roche Agreement performance obligations

 

 

 

 

 

 

Research and development of initial targets

 

$

14,140

 

 

$

19,395

 

Research and development for replacement targets

 

 

8,517

 

 

 

5,622

 

Total Roche Agreement deferred revenue

 

$

22,657

 

 

$

25,017

 

Schedule of Transaction Price Allocated To Performance Obligations [Table Text Block]

The following table summarizes the unearned amount of the 2025 Novartis Agreement transaction price allocated to the performance obligations (in thousands):

 

December 31,

 

 

 

2025

 

2025 Novartis Agreement performance obligations

 

 

 

License and research services for named immunology target

 

$

7,019

 

Research services to support immunology license options

 

 

85,698

 

Material right - first immunology license option

 

 

49,091

 

Material right - second immunology license option

 

 

36,439

 

Total unearned amount of transaction price

 

$

178,247