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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2018
Revenue Recognition  
Schedule of disaggregation of revenue by test families

 

 

 

 

 

 

 

 

 

Three months ended 

 

 

March 31, 

 

 

2018

 

2017

(Amounts in thousands)

 

 

 

 

(As Revised)

Sales of genetic tests

 

 

 

 

 

 

Panorama NIPT

 

$

33,267

 

$

32,559

HCS

 

 

18,262

 

 

12,953

Other genetic tests

 

 

2,740

 

 

2,882

Product revenues

 

 

54,269

 

 

48,394

Licensing and other

 

 

 

 

 

 

Constellation

 

 

1,305

 

 

988

Other

 

 

6,766

 

 

 —

Licensing and other revenues

 

 

8,071

 

 

988

Total revenues

 

$

62,340

 

$

49,382

 

Schedule of disaggregation of revenue by sales vertical

 

 

 

 

 

 

 

 

 

Three months ended 

 

 

March 31, 

 

 

2018

 

2017

(Amounts in thousands)

 

 

 

 

(As Revised)

Insurance carriers

 

$

44,142

 

$

38,840

Laboratory partners

 

 

14,888

 

 

8,093

Patients

 

 

3,310

 

 

2,449

Total revenues

 

$

62,340

 

$

49,382

 

Schedule of total revenue by geographic area

 

 

 

 

 

 

 

 

 

 

Three months ended 

 

 

 

March 31, 

 

 

    

2018

    

2017

 

(Amounts in thousands)

 

 

 

 

(As Revised)

 

United States

 

$

50,364

 

$

43,825

 

Americas, excluding U.S.

 

 

850

 

 

700

 

Europe, Middle East, India, Africa

 

 

9,322

 

 

3,216

 

Other

 

 

1,804

 

 

1,641

 

Total revenues

 

$

62,340

 

$

49,382

 

 

Schedule of changes in the balances of the Company?s contract assets and liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at

 

 

 

 

 

 

 

Balance at

 

 

December 31,

 

 

 

 

 

 

 

March 31,

 

 

2017

 

Additions

 

Deductions

 

2018

(Amounts in thousands)

 

(As Revised)

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable

 

$

44,089

 

$

55,004

 

$

(48,767)

 

$

50,326

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue, current portion

 

$

1,420

 

$

964

 

$

(941)

 

$

1,443

Deferred revenue, long-term

 

$

 —

 

$

35,462

 

$

 —

 

$

35,462