Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2018

Revenue Recognition

Schedule of disaggregation of revenues

The following table provides information about disaggregated revenue by timing of revenue recognition, (in thousands):

		Year Ended December 31, 2018
				License and
		Product		royalty		Contract
		revenue		revenue		revenue		Total
Timing of revenue recognition:
Products transferred at a point in time	$	-	$	10,011	$	189	$	10,200
Product and services transferred over time		-		-		7,407		7,407
Total	$	-	$	10,011	$	7,596	$	17,607

		Year Ended December 31, 2017
				License and
		Product		royalty		Contract
		revenue		revenue		revenue		Total
Timing of revenue recognition:
Products transferred at a point in time	$	2,300	$	350	$	1,616	$	4,266
Product and services transferred over time		-		-		5,368		5,368
Total	$	2,300	$	350	$	6,984	$	9,634

Costs in excess of billings and billings in excess of costs

The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers (in thousands):

		December 31,		December 31,
		2018		2017
Accounts receivable, net	$	476	$	15
Costs and estimated earnings in excess of billings on uncompleted contracts		987		680
Other current assets		-		70
Billings on uncompleted contracts in excess of related costs		-		5
Other current liabilities		10,000		10,000

Schedule of contract assets and liabilities

Significant changes in the contract assets and the contract liabilities balances during the period are as follows (in thousands, except percentages):

		December 31,		December 31,
		2018		2017		$ Change	% Change
Contract assets	$	987	$	680	$	307	45.1
Contract liabilities		-		(5)		5	100.0
Net contract assets (liabilities)	$	987	$	675	$	312	46.2

Transaction price allocated to the remaining performance obligations, expected timing

Additionally, the estimated revenue does not include amounts of variable consideration attributable to royalties or unexercised contract renewals (in thousands):

		2019		2020
Product revenue	$	-	$	-
License and royalty revenue		-		-
Contract revenue		2,513		-

Schedule of impacts of adopting ASC 606

In accordance with Topic 606, the disclosure of the impact of adoption to our condensed consolidated statements of operations and balance sheets was as follows (in thousands, except per share data):

		Year Ended December 31, 2017
		As previously		New revenue		As
		reported		standard adjustment		restated
Product revenue	$	2,300	$	-	$	2,300
License and royalty revenue		1,568		(1,218)		350
Contract revenue		7,023		(39)		6,984
Cost of product revenue		4,359		-		4,359
Cost of contract revenue		5,517		(14)		5,503
Net loss		(24,243)		(1,243)		(25,486)
Net loss per share - basic and diluted		(0.33)		(0.02)		(0.35)

		December 31, 2017
		As previously		New revenue		As
		reported		standard adjustment		restated
Costs and estimated earnings incurred on uncompleted contracts	$	680	$	-	$	680
Other current assets		945		70		1,015
Billings on uncompleted contracts		5		-		5
Deferred revenue - current		999		(999)		-
Deferred revenue - noncurrent		4,151		(4,151)		-
Shareholders' equity:
Accumulated deficit		(524,086)		5,220		(518,866)