Revenue (Tables)

6 Months Ended

Jun. 30, 2018

The Company’s revenues are generated entirely in the Netherlands. In the following table, revenue is disaggregated by primary source of revenue as follows:

Three months ended

Six months ended

June 30,
2018

June 30,
2017 Restated*

June 30,
2018

June 30
2017 Restated*

(euros in thousands)

Upfront payment amortization

4,250

3,973

9,087

6,898

Collaboration income

2,179

1,471

7,195

2,391

Revenue from contracts with customers

6,429

5,444

16,282

9,289

Income from grants on research projects

114

793

182

832

6,543

6,237

16,464

10,121

*	See Note 3 for details regarding the restatement as a result of a change in accounting policy.

Summary of Changes in Tarde Receivables, Contract Assets and Contract Liabilities

The following table presents changes in the Company’s trade receivables, contract assets and contract liabilities during the six months ended June 30, 2018:


	Balance at December 31, 2017 Restated		Additions		Deductions			Balance at June 30, 2018
	(euros in thousands)
Trade & other receivables
Trade receivables		1,594		12,103		(11,628	)		2,069

Total trade & other receivables		1,594		12,103		(11,628	)		2,069

Contract assets
Unbilled receivables		710		693		(957	)		446

Total contract assets		710		693		(957	)		446

Contract liabilities
Deferred revenue		128,486		3,430		(9,226	)		122,690

Total contract liabilities		128,486		3,430		(9,226	)		122,690