Annual report pursuant to Section 13 and 15(d)

Licensing and Other Arrangements - Novartis - VPM087 (Details)

v3.24.0.1
Licensing and Other Arrangements - Novartis - VPM087 (Details)
$ / shares in Units, $ in Thousands, € in Millions
 12 Months Ended
Aug. 24, 2017
USD ($)
item
agreement
$ / shares
shares
Aug. 24, 2017
EUR (€)
item
agreement
shares
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
Dec. 31, 2017
USD ($)
Licensing and other arrangements          
Revenue from contracts with customers     $ 2,650 $ 4,150  
Common Stock          
Licensing and other arrangements          
Stock price (in dollars per share) | $ / shares     $ 18.50    
Novartis Pharma AG | Gevokizumab License Agreement and IL-1 Target License Agreement          
Licensing and other arrangements          
Transaction price $ 40,200        
Cash payment received 25,700        
License agreement consideration received, repayment of debt 14,300        
Common stock premium $ 200        
Number of agreements | agreement 2 2      
Number of arrangements | item 1 1      
Number of performance obligations | item 2 2      
Revenue from contracts with customers     $ 0 0 $ 40,200
Contract assets     0 0  
Contract liabilities     0 0  
Capitalized contract costs     $ 0 $ 0  
Novartis Pharma AG | Gevokizumab License Agreement          
Licensing and other arrangements          
License agreement consideration received $ 30,000        
Cash payment received 15,700        
License agreement consideration received, repayment of debt 14,300 € 12.0      
Proceeds from issuance of common stock 5,000        
Common stock premium 200        
Maximum eligible milestone payments receivable $ 438,000        
Agreement termination prior written notice period 6 months 6 months      
Novartis Pharma AG | Gevokizumab License Agreement | Common Stock          
Licensing and other arrangements          
Shares issued (in shares) | shares 539,131 539,131      
Purchase price (in dollars per share) | $ / shares $ 9.2742        
Issuance of common stock, fair value $ 4,800        
Stock price (in dollars per share) | $ / shares $ 8.93        
Novartis Pharma AG | IL-1 Target License Agreement          
Licensing and other arrangements          
Cash payment received $ 10,000