XML 33 R20.htm IDEA: XBRL DOCUMENT v3.19.1
Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2019
Revenue Recognition  
Schedule of disaggregation of revenues

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

      Three Months Ended March 31, 2019
      Product     Royalty     Contract      
      revenue     revenue     revenue     Total
Timing of revenue recognition:                        
     Products transferred at a point in time   $ 199    $   $ 16    $ 215 
     Product and services transferred over time             1,636      1,636 
     Total   $ 199    $   $ 1,652    $ 1,851 

 

      Three Months Ended March 31, 2018
      Product     Royalty     Contract      
      revenue     revenue     revenue     Total
Timing of revenue recognition:                        
     Products transferred at a point in time   $   $ 11    $ 99    $ 110 
     Product and services transferred over time             2,078      2,078 
Total   $   $ 11    $ 2,177    $ 2,188 

 

 

 

 

 

 

 

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):

      March 31,     December 31,
      2019     2018
             
Accounts receivable, net   $ 274    $ 476 
Costs and estimated earnings in excess of billings on uncompleted contracts     1,199      987 
Billings on uncompleted contracts in excess of related costs        
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):

      March 31,     December 31,          
      2019     2018     $ Change   % Change
                         
Contract assets   $ 1,199    $ 987    $ 212    21.5   
Contract liabilities     (5)     -       (5)   -    
Net contract assets (liabilities)   $ 1,194    $ 987    $ 207    21.0   

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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):

      Remainder of 2019     2020
             
Product revenue   $   $
License and royalty revenue        
Contract revenue     1,301