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Revenue
12 Months Ended
Dec. 31, 2018
Revenue  
Revenue

6.  Revenue

The Company recognized revenue under its license and collaboration agreements with SymBio, HanX and Pint as follows (See Note 14):

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 

 

    

2018

    

2017

Symbio

 

 

 

 

 

 

Upfront license fee recognition over time

 

$

398,000

 

$

455,000

Supplies

 

 

61,000

 

 

332,000

 

 

 

 

 

 

 

Hanx

 

 

 

 

 

 

Upfront license payment recognized at a point in time

 

 

450,000

 

 

 —

 

 

 

 

 

 

 

Pint

 

 

 

 

 

 

Upfront license payment recognized at a point it time

 

 

319,000

 

 

 —

 

 

$

1,228,000

 

$

787,000

 

Deferred revenue is as follows:

 

 

 

 

 

 

 

Symbio

 

    

Upfront Payment

Deferred balance at December 31, 2017

 

$

4,546,000

Recognition to revenue

 

 

398,000

 

 

 

 

Deferred balance at December 31, 2018

 

$

4,148,000

 

See Note 14, “License and Collaboration Agreements,” for a further discussion of the agreements with SymBio and HanX.