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Revenue from Contracts with Customers (Tables)
9 Months Ended
Sep. 30, 2018
Revenue From Contract With Customer [Abstract]  
Schedule of Revenues by Type of Service

The Company provides diagnostic test products, laboratory services to hospitals, clinical laboratories and other healthcare provider customers, and enters into collaboration agreements with government agencies and healthcare providers. The revenues by type of service consist of the following:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Product sales

 

$

539,856

 

 

$

729,742

 

 

$

1,805,877

 

 

$

2,145,371

 

Laboratory services

 

 

12,365

 

 

 

9,070

 

 

 

22,155

 

 

 

41,025

 

Collaboration revenue

 

 

 

 

 

6,302

 

 

 

359,316

 

 

 

33,699

 

Total revenue

 

$

552,221

 

 

$

745,114

 

 

$

2,187,348

 

 

$

2,220,095

 

 

Summary of Changes in Deferred Revenue

Changes in deferred revenue for the period were as follows:

 

Balance at December 31, 2017

 

 

 

 

 

 

 

$

24,442

 

Revenue recognized in the current period from the amounts in the beginning balance

 

 

 

 

 

 

 

 

(14,119

)

New deferrals, net of amounts recognized in the current period

 

 

 

 

 

 

 

 

 

Balance at September 30, 2018

 

 

 

 

 

 

 

$

10,323