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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2018
Disaggregation of Revenue

Revenues for the three- and nine-month periods ended September 30, 2018 and 2017 were as follows (amounts in thousands, except percentages):

 

     Three Months Ended
September 30,
   

 

     Nine Months Ended
September 30,
 
     2018      2017      $ Change      % Change     2018      2017      $ Change      % Change  

Product revenue

   $ 49,500      $ 36,514      $ 12,986        35.6   $ 142,042      $ 99,516      $ 42,526        42.7

Royalty and other revenue

     29        66        (37      (56.1 %)      48        108        (60      (55.6 %) 
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

Total revenues

   $ 49,529      $ 36,580      $ 12,949        35.4   $ 142,090      $ 99,624      $ 42,466        42.6
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

 

Disaggregation of Revenue from Contracts with Customers by Geographic Region

The following tables disaggregate the Company’s revenue from contracts with customers by geographic region (amounts in thousands).

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
         2018              2017              2018              2017      

North America

   $ 24,064      $ 16,428      $ 66,575      $ 40,203  

Europe

     19,328        16,374        58,497        49,322  

Asia and Australia

     6,075        3,630        16,731        9,949  

Other

     62        148        287        150  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 49,529      $ 36,580      $ 142,090      $ 99,624  
  

 

 

    

 

 

    

 

 

    

 

 

 
Revenue from Significant Customers

Revenue from significant customers is as follows (amounts in thousands):

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
         2018              2017              2018              2017      

MilliporeSigma

   $ 8,791      $ 5,191      $ 24,181      $ 17,727  

GE Healthcare

   $ 7,743      $ 6,254      $ 22,253      $ 24,285  
Summary of Receivables and Deferred Revenue from Contracts with Customers

The following table provides information about receivables and deferred revenue from contracts with customers as of September 30, 2018 (amounts in thousands):

 

     2018  

Balances from contracts with customers only:

  

Accounts receivable

   $ 30,784  

Deferred revenue

     1,234  

Revenue recognized in the three-month period relating to:

  

The beginning deferred revenue balance

   $ 441  

Changes in pricing related to products or services satisfied in previous periods

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