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Deferred Revenue (Tables)
12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Schedule of Deferred Revenue
Current and long-term deferred revenue are detailed in the following table:
Deferred Revenue (in thousands)
NIH Grant
 
BED
 
Total
Current portion
 
$
918

 
$

 
$
918

Long-term portion
 

 

 

Total
 
$
918

 
$

 
$
918

The following is a summary of the Company’s deferred revenue activity for the year ended December 31, 2019 and 2018:
(in thousands)
NIH Grant
 
BED
 
Total
Balance as of December 31, 2017
 
$

 
$
895

 
$
2,495

Cash Received NIH
 
1,000

 

 
1,000

Converted to Equity
 

 

 
(1,600
)
Recognized as revenue
 
(432
)
 
(251
)
 
(683
)
Balance as of December 31, 2018
 
$
568

 
$
644

 
$
1,212

Cash Received NIH
 
2,400

 

 
2,400

Recognized as revenue
 
(2,050
)
 
(644
)
 
(2,694
)
Balance as of December 31, 2019
 
$
918

 
$

 
$
918