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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Schedule of Deferred Revenue Related to Revenue Recognized for Collaborations and Services

The activity related to deferred revenue and the related revenue recognized for collaborations and services is as follows (in thousands):

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

Deferred revenue:

 

 

 

 

 

 

 

 

Beginning balance

 

$

47,565

 

 

$

750

 

Upfront and milestone payments

 

 

25,000

 

 

 

55,000

 

Pass through payments

 

 

6,016

 

 

 

2,398

 

Revenue — collaborations and services

 

 

(37,734

)

 

 

(10,583

)

Ending balance

 

$

40,847

 

 

$

47,565

 

 

Schedule of Reconciliation of Cash, Cash Equivalents, and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on the consolidated balance sheets that sum to amounts reported on the consolidated statement of cash flows (in thousands):

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

Cash and cash equivalents

 

$

29,906

 

 

$

71,157

 

Restricted cash

 

 

316

 

 

 

527

 

Total cash, cash equivalents, and restricted cash

 

$

30,222

 

 

$

71,684

 

Schedule of Accounts Receivable, Net

Accounts receivable, net consists of the following (in thousands):

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

Accounts Receivable, gross

 

$

6,925

 

 

$

5,198

 

Wholesaler distribution fees and prompt pay discounts

 

 

(1,767

)

 

 

(868

)

Reserve for returns

 

 

(1,645

)

 

 

(313

)

Accounts receivable, net

 

$

3,513

 

 

$

4,017