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Collaborations and License Agreements (Tables)
3 Months Ended
Mar. 31, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Summary of Revenues Earned in Connection with EUSA Agreement under ASC 606

The following table summarizes the revenues earned in connection with the EUSA Agreement under ASC 606 for the three months ended March 31, 2019 and 2018 (in thousands):

 

 

 

 

Three Months

Ended

March 31,

 

 

Three Months

Ended

March 31,

 

Revenue Type

Date Achieved

 

2019

 

 

2018

 

Collaboration and Licensing Revenue:

 

 

 

 

 

 

 

 

 

Amounts in contract liabilities at the beginning of the period:

 

 

 

 

 

 

 

 

 

Upfront payment

December 2015

 

$

99

 

 

$

99

 

R&D payment - EMA approval in RCC

August 2017

 

 

158

 

 

 

158

 

Milestone - UK reimbursement approval

February 2018

 

 

79

 

 

 

723

 

Milestone - German reimbursement approval

November 2018

 

 

79

 

 

 

 

New amounts in contract liabilities during the current period:

 

 

 

 

 

 

 

 

 

Milestone - Spanish reimbursement approval

February 2019

 

 

1,039

 

 

 

 

 

 

 

$

1,454

 

 

$

980

 

Partnership Royalties

 

 

 

157

 

 

 

46

 

Total

 

 

$

1,611

 

 

$

1,026

 

Summary of Changes in Accounts Receivable and Contract Liabilities (Deferred Revenue)

The following table summarizes changes in the Companys accounts receivable and contract liabilities (deferred revenue) in connection with the EUSA Agreement for the three months ended March 31, 2019 (in thousands):

 

Contract Assets

 

 

 

 

 

 

 

 

 

 

 

Beginning

Balance

January 1,

2019

 

Additions

 

Deductions

 

Ending

Balance

March 31,

2019

 

Accounts Receivable

 

 

 

 

 

 

 

 

 

 

 

$

187

 

$

2,157

 

$

(187

)

 

2,157

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred Revenue

 

Contract Liabilities

 

Transaction

Price

 

 

Date Achieved

 

Date Paid

 

 

Beginning

Balance

January 1,

2019

 

Additions

 

Deductions

 

Ending

Balance

March 31,

2019

 

Amounts in contract liabilities at the beginning of the period:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Upfront payment

 

$

2,500

 

 

December 2015

 

December 2015

 

 

$

1,302

 

$

 

$

(99

)

$

1,203

 

R&D payment - EMA approval in RCC

 

 

4,000

 

 

August 2017

 

September 2017

 

 

 

2,079

 

 

 

 

(158

)

 

1,921

 

Milestone - UK reimbursement approval

 

 

2,000

 

 

February 2018

 

March 2018

 

 

 

1,040

 

 

 

 

(79

)

 

961

 

Milestone - German reimbursement

   approval

 

 

2,000

 

 

November 2018

 

December 2018

 

 

 

1,039

 

 

 

 

(79

)

 

960

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New amounts in contract liabilities during

   the current period:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Milestone - Spanish reimbursement

   approval

 

 

2,000

 

 

February 2019

 

 

 

 

 

 

 

1,000

 

 

(39

)

 

961

 

Total

 

$

12,500

 

 

 

 

 

 

 

 

$

5,460

 

$

1,000

 

$

(454

)

$

6,006