Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2019

Revenue Recognition

Schedule of Disaggregation of Revenue

In the following table, revenue is disaggregated by major products/service lines, and timing of revenue recognition:

	For the Three Months Ended
	March 31,
	2019		2018
Major products/service lines
Licensing fees – royalty revenue	$	82,298	$	101,209
Total Revenue	$	82,298	$	101,209
Timing of revenue recognition
Products transferred at a point in time	$	—	$	—
Products and services transferred over time		82,298		101,209
	$	82,298	$	101,209

Schedule of Contract Balances

The following table provides information about receivables and liabilities from contracts with customers:

	March 31,		December 31,
	2019		2018
Assets
Trade receivables - including affiliates, net	$	65,046	$	52,017
Liabilities
Deferred revenue	$	42,500	$	—
Deferred revenue - long term	$	85,000	$	112,500