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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2018
Summary Of Significant Accounting Policies [Line Items]  
Summary of Changes in Contract Assets and Liabilities

The following table presents changes in the Company’s contract assets and liabilities for the nine months ended September 30, 2018 (in thousands):

 

 

 

Balance at

 

 

Balance at

 

 

 

Beginning of

 

 

End of

 

Nine Months Ended September 30, 2018

 

Period

 

 

Period

 

Contract liabilities:

 

 

 

 

 

 

 

 

Deferred revenue

 

$

29,017

 

 

$

 

Deferred revenue, less current portion

 

 

2,028

 

 

 

 

 

ASC 2014-09  
Summary Of Significant Accounting Policies [Line Items]  
Summary of Impact of Adopting ASC 606 on Unaudited Condensed Statement of Operations

The following table summarizes the impact of adopting ASC 606 on select unaudited condensed statement of operations line items for the nine months ended September 30, 2018 (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

Balances

 

 

 

 

 

 

 

 

 

 

 

Without the

 

 

 

 

 

 

 

 

 

 

 

Adoption of

 

Nine Months Ended September 30, 2018

 

As Reported

 

 

Adjustments

 

 

ASC 606

 

Collaboration revenue

 

$

22,254

 

 

$

8,791

 

 

$

31,045

 

Total revenue

 

 

22,254

 

 

 

8,791

 

 

 

31,045

 

Loss from operations

 

 

(37,057

)

 

 

8,791

 

 

 

(28,266

)

Net loss

 

 

(35,130

)

 

 

8,791

 

 

 

(26,339

)

 

ASC 2016-18  
Summary Of Significant Accounting Policies [Line Items]  
Summary of Impact of Adopting ASC on Unaudited Condensed Statement of Cash Flows

The following table summarizes the impact of adopting ASC 230 on select unaudited condensed statement of cash flows line items (in thousands) for the nine months ended September 30, 2017:

 

 

 

 

 

 

 

 

 

 

Balances

 

 

 

 

 

 

 

 

 

 

 

With the

 

 

 

As Originally

 

 

 

 

 

 

Adoption of

 

 

 

Reported

 

 

Adjustments

 

 

ASC 230

 

Change in restricted cash

 

$

(394

)

 

$

394

 

 

$

 

Net cash provided by (used in) investing activities

 

 

(117,484

)

 

 

394

 

 

 

(117,090

)

Net increase in cash, cash equivalents and restricted cash*

 

 

28,810

 

 

 

394

 

 

 

29,204

 

Cash, cash equivalents and restricted cash at beginning of period*

 

 

10,601

 

 

 

46

 

 

 

10,647

 

Cash, cash equivalents and restricted cash at end of period*

 

 

39,411

 

 

 

440

 

 

 

39,851

 

*

For the nine months ended September 30, 2017, this line item, as originally reported, excluded restricted cash.