v3.26.1
Collaboration, Out-Licensing and Related Agreements (Table)
 3 Months Ended
Mar. 31, 2026
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, 2025

 

$

1,739

 

Regulatory milestone allocated to development and regulatory performance obligations

 

 

57

 

Revenue recognized related to development and regulatory performance obligations

 

 

(61

)

Balance at March 31, 2026

 

$

1,735

 

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

Balance at December 31, 2025

 

$

72,140

 

Regulatory milestone allocated to the EEA License

 

 

2,393

 

Sales-based royalties earned under the EEA License

 

 

140

 

Balance at March 31, 2026

 

$

74,673