XML 34 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
Revenue from Contracts with Customers (Tables)
9 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table provides information about disaggregated revenue by major product line and primary geographic market (in thousands):
 
Three Months Ended September 30, 2018
 
Nine Months Ended September 30, 2018
 
Americas
 
Europe and Middle East
 
Asia Pacific
 
Total
 
Americas
 
Europe and Middle East
 
Asia Pacific
 
Total
Product revenue:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Instruments
$
3,696

 
$
1,149

 
$
584

 
$
5,429

 
$
9,512

 
$
4,189

 
$
1,890

 
$
15,591

Consumables
7,808

 
2,633

 
699

 
11,140

 
20,770

 
7,882

 
2,126

 
30,778

In vitro diagnostic kits
783

 
1,687

 
77

 
2,547

 
2,382

 
4,600

 
252

 
7,234

Total product revenue
12,287

 
5,469

 
1,360

 
19,116

 
32,664

 
16,671

 
4,268

 
53,603

Service revenue
1,582

 
641

 
114

 
2,337

 
4,383

 
1,589

 
307

 
6,279

Total product and service revenue
13,869

 
6,110

 
1,474

 
21,453

 
37,047

 
18,260

 
4,575

 
59,882

Collaboration revenue
7,163

 

 

 
7,163

 
16,818

 

 

 
16,818

Total revenues
$
21,032

 
$
6,110

 
$
1,474

 
$
28,616

 
$
53,865

 
$
18,260

 
$
4,575

 
$
76,700

 
Three Months Ended September 30, 2017
 
Nine Months Ended September 30, 2017
 
Americas
 
Europe and Middle East
 
Asia Pacific
 
Total
 
Americas
 
Europe and Middle East
 
Asia Pacific
 
Total
Product revenue:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Instruments
$
1,760

 
$
1,392

 
$
1,292

 
$
4,444

 
$
7,603

 
$
4,231

 
$
3,115

 
$
14,949

Consumables
6,146

 
2,283

 
591

 
9,020

 
18,265

 
6,481

 
2,060

 
26,806

In vitro diagnostic kits
705

 
869

 
115

 
1,689

 
1,883

 
2,890

 
190

 
4,963

Total product revenue
8,611

 
4,544

 
1,998

 
15,153

 
27,751

 
13,602

 
5,365

 
46,718

Service revenue
1,348

 
367

 
47

 
1,762

 
3,179

 
962

 
131

 
4,272

Total product and service revenue
9,959

 
4,911

 
2,045

 
16,915

 
30,930

 
14,564

 
5,496

 
50,990

Collaboration revenue
10,101

 

 

 
10,101

 
28,682

 

 

 
28,682

Total revenues
$
20,060

 
$
4,911

 
$
2,045

 
$
27,016

 
$
59,612

 
$
14,564

 
$
5,496

 
$
79,672

Schedule of New Accounting Pronouncements and Changes in Accounting Principles
In accordance with the new revenue guidance, the disclosure of the impact of adoption of this new standard to our condensed consolidated statements of operations and balance sheets was as follows:
 
Three Months Ended September 30, 2018
 
Nine Months Ended September 30, 2018
(in thousands, except per share amounts)
As Reported
 
Amounts under previous revenue standard
 
Effect of Change
 
As Reported
 
Amounts under previous revenue standard
 
Effect of Change
Revenue:
 
 
 
 
 
 
 
 
 
 
 
Product and service
$
21,453

 
$
21,272

 
$
181

 
$
59,882

 
$
59,303

 
$
579

Collaboration
7,163

 
7,163

 

 
16,818

 
16,818

 

Total revenue
28,616

 
28,435

 
181

 
76,700

 
76,121

 
579

Net loss
$
(16,486
)
 
$
(16,667
)
 
$
181

 
$
(56,290
)
 
$
(56,869
)
 
$
579

Net loss per share - basic and diluted
$
(0.56
)
 
$
(0.57
)
 
$
0.01

 
$
(2.09
)
 
$
(2.11
)
 
$
0.02

 
September 30, 2018
(in thousands)
As Reported
 
Balances under previous revenue standard
 
Effect of Change
Liabilities:
 
 
 
 
 
Deferred revenue, current portion
$
8,905

 
$
8,730

 
$
175

Stockholders' equity
 
 
 
 
 
Accumulated deficit
$
(370,146
)
 
$
(369,971
)
 
$
(175
)