XML 57 R26.htm IDEA: XBRL DOCUMENT v3.3.1.900
Segment Information and Concentration of Business Risk (Tables)
12 Months Ended
Dec. 31, 2015
Segment Information and Concentration of Business Risk [Abstract]  
Segment Information
The following is our segment information for 2015 (in thousands):

2015
 
Ionis Core
  
Akcea Therapeutics
  
Elimination of Intercompany Activity
  
Total
 
Revenue:
        
Research and development
 
$
285,608
  
$
  
$
(4,248
)
 
$
281,360
 
Licensing and royalty
  
2,343
   
   
   
2,343
 
Total segment revenue
 
$
287,951
  
$
  
$
(4,248
)
 
$
283,703
 
Loss from operations
 
$
(21,378
)
 
$
(54,384
)
 
$
  
$
(75,762
)
Total assets
 
$
1,004,150
  
$
55,354
  
$
(103,399
)
 
$
956,105
 

The following is our segment information for 2014 and 2013 (in thousands) revised for comparative purposes to show operating expense for Akcea-related projects in 2014 and 2013:

2014
 
Ionis Core
  
Akcea Therapeutics
  
Total
 
Revenue:
      
Research and development
 
$
202,514
  
$
  
$
202,514
 
Licensing and royalty
  
11,647
   
   
11,647
 
Total segment revenue
 
$
214,161
  
$
  
$
214,161
 
Loss from operations
 
$
(26,033
)
 
$
(21,697
)
 
$
(47,730
)

2013
 
Ionis Core
  
Akcea Therapeutics
  
Total
 
Revenue:
      
Research and development
 
$
147,380
  
$
  
$
144,194
 
Licensing and royalty
  
3,091
   
   
3,091
 
Total segment revenue
 
$
150,471
  
$
  
$
147,285
 
Loss from operations
 
$
(38,764
)
 
$
(12,902
)
 
$
(51,666
)



Revenue from Significant Partners
We have historically funded our operations from collaborations with corporate partners and a relatively small number of partners have accounted for a significant percentage of our revenue. Revenue from significant partners, which is defined as 10 percent or more of our total revenue, was as follows:

 
2015
 
2014
 
2013
Partner A
 
37 %
  
58 %
  
25 %
Partner B
 
33 %
  
0 %
  
0 %
Partner C
 
12 %
  
17 %
  
24 %
Partner D
 
11 %
  
4 %
  
3 %
Partner E
 
2 %
  
13 %
  
20 %
Partner F
 
0 %
  
0 %
  
22 %