Basis of Presentation and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2018

Accounting Policies [Abstract]

Schedule of Disaggregated Revenue

Revenues for the three months ended March 31, 2018 (in thousands)
Region	North America		EMEA		Latin America		Asia Pacific		Total Revenue
Product
1-MCP based	$	1,962	$	5,120	$	20,949	$	4,328	$	32,359
Fungicides, waxes, coatings, biocides	—		5,589		—		—		5,589
Other*	98		198		6		101		403
	$	2,060	$	10,907	$	20,955	$	4,429	$	38,351
Pattern of Revenue Recognition
Products transferred at a point in time	$	2,047	$	10,905	$	20,949	$	4,328	$	38,229
Services transferred over time	13		2		6		101		122
	$	2,060	$	10,907	$	20,955	$	4,429	$	38,351

*Other includes RipeLock, AdvanStore, technical services and sales type leases related to Tecnidex

Schedule of Changes in Contract Assets and Liabilities

The following table presents changes in the Company’s contract assets and liabilities during the three months ended March 31, 2018:

Three months ended March 31, 2018	Balance at January 1, 2018		Additions		Deductions			Balance at March 31, 2018
(in thousands)
Contract assets:
Unbilled revenue	$	739	$	4,268	$	(739	)	$	4,268
Contract liabilities:
Deferred revenue	$	100	$	880	$	—		$	980

Summary of Affect of ASC 606 on Financial Statements

The following table summarizes the amounts by which the consolidated financial statements are affected in the current reporting period by ASC 606 as compared with the guidance that was in effect before the change.

(in thousands)	As reported			ASC 606 Adjustments			Balances without adoption of ASC 606
Consolidated Balance Sheet
Liabilities
Accrued expenses and other current liabilities	$	43,391		$	(782	)	$	42,609
Equity
Accumulated deficit	$	(121,696	)	$	782		$	(120,914	)

(in thousands)	As reported			ASC 606 Adjustments		Balances without adoption of ASC 606
Consolidated Statements of Operations
Revenue
Net sales	$	38,351		$	782	$	39,133
Net loss attributable to AgroFresh Solutions, Inc	(12,967		)	$	610	$	(12,357	)