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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2019
Accounting Policies [Abstract]  
Schedules of Concentration of Risk, by Risk Factor
For each significant customer, revenue as a percentage of revenue and accounts receivable as a percentage of accounts receivable are as follows:
 
 
Revenue
 
Accounts Receivable
 
 
Three Months Ended March 31,
 
March 31, 2019
 
December 31, 2018
 
 
2019
 
2018
 
 
 
 
 
 
 
 
 
 
 
 
(unaudited)
 
(unaudited)
 
 
Customer A
 
*

 
11
%
 
*

 
*

Customer B
 
24
%
 
*

 
35
%
 
65
%
Customer C
 
*

 
13
%
 
*

 
*

Customer D
 
*

 
*

 
13
%
 
*

*
less than 10%
Schedule of the Cumulative Effect on Financial Information Related to the Adoption of ACS 606
The cumulative effect of changes made to the condensed consolidated balance sheet as of January 1, 2019 related to the adoption of ASC 606 were as follows:
 
Balance as of December 31, 2018
 
Adjustments Due to ASC 606
 
Balance as of January 1, 2019
 
(in thousands)
Assets:
 
 
 
 
 
Accounts receivable
$
35,690

 
$
4,907

 
$
40,597

Equity:
 
 
 
 
 
Accumulated deficit
$
(280,799
)
 
$
4,907

 
$
(275,892
)
In accordance with ASC 606 requirements under the modified retrospective method of adoption, the disclosure of the impact of adoption on the Company's condensed consolidated statement of operations and condensed consolidated balance sheet was as follows:
 
Three Months Ended March 31, 2019
 
As Reported Under ASC 606
 
Effect of Change
 
Balances Without Adoption of ASC606
 
(in thousands)
Revenue:
 
 
 
 
 
Precision oncology testing
$
28,837

 
$
994

 
$
29,831

Development services
7,818

 

 
7,818

 
 
March 31, 2019
 
As Reported Under ASC 606
 
Effect of Change
 
Balances Without Adoption of ASC606
 
(in thousands)
Assets:
 
 
 
 
 
Accounts receivable
$
28,989

 
$
994

 
$
29,983

Equity:
 
 
 
 
 
Accumulated deficit
(303,209
)
 
994

 
(302,215
)