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Revenue from Contracts with Customers (Tables)
12 Months Ended
Dec. 31, 2019
Collaboration [Abstract]  
Summary of Disaggregation of Revenue

The following table presents revenue (in thousands) for years ended December 31, 2019, 2018 and 2017, disaggregated by geographic region and revenue type. Revenue by geographic region is allocated based on the domicile of our respective business operations.

 

 

 

Year ended December 31, 2019

 

 

 

United States

 

 

Europe

 

 

Total

 

Revenue Type

 

 

 

 

 

 

 

 

 

 

 

 

Research and development services

 

$

1,707

 

 

$

 

 

$

1,707

 

License fees

 

 

75,500

 

 

 

 

 

 

75,500

 

Royalty sales milestone

 

 

15,100

 

 

 

 

 

 

15,100

 

Manufacturing services

 

 

3,337

 

 

 

 

 

 

3,337

 

Recognition of deferred research and development revenue

 

 

22,638

 

 

 

 

 

 

22,638

 

Recognition of deferred grant revenue

 

 

652

 

 

 

690

 

 

 

1,342

 

Non-cash royalties and milestones

 

 

30,424

 

 

 

 

 

 

30,424

 

 

 

$

149,358

 

 

$

690

 

 

$

150,048

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2018

 

Revenue Type

 

 

 

 

 

 

 

 

 

 

 

 

Research and development services

 

$

4,150

 

 

$

 

 

$

4,150

 

License and collaboration milestones

 

 

10,000

 

 

 

4,000

 

 

 

14,000

 

Recognition of deferred research and development revenue

 

 

1,325

 

 

 

 

 

 

1,325

 

Non-cash royalty revenue

 

 

17,309

 

 

 

 

 

 

17,309

 

 

 

$

32,784

 

 

$

4,000

 

 

$

36,784

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2017

 

Revenue Type

 

 

 

 

 

 

 

 

 

 

 

 

Research and development services

 

$

14,615

 

 

$

 

 

$

14,615

 

License and collaboration milestones

 

 

21,000

 

 

 

3,994

 

 

 

24,994

 

Recognition of deferred research and development revenue

 

 

3,100

 

 

 

 

 

 

3,100

 

Grant revenue

 

 

168

 

 

 

 

 

 

168

 

 

 

$

38,883

 

 

$

3,994

 

 

$

42,877

 

Schedule of Information about Contract Assets and Contract Liabilities from Contracts with Customers

The following table provides information about contract assets and contract liabilities from contracts with customers (in thousands):

Year ended December 31, 2019

 

Balance at beginning of period

 

 

Additions

 

 

Deductions

 

 

Balance at end of period

 

Contract assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unbilled receivables from collaboration partners

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

Contract liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue

 

$

2,052

 

 

$

77,000

 

 

$

(22,638

)

 

$

56,414