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Organization and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2018
Schedule of Goodwill During the fourth quarter of 2018, the Company performed an assessment of the qualitative factors affecting the fair value of its reporting unit and concluded that it was not more likely than not that the fair value of its reporting unit was less than carrying value and that, as a result, it is not more likely than not that goodwill is impaired.

 

Balance as of December 31, 2017

 

$

1,585

 

Goodwill acquired

 

 

38,995

 

Foreign currency translations adjustment

 

 

(536

)

Balance as of December 31, 2018

 

$

40,044

 

 
Summary of Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash within the consolidated statements of cash flows that sum to the total of the same amounts in the statement of cash flows for the years ended December 31, 2018 and 2017, respectively (in thousands):

 

 

Year Ended December 31,

 

 

 

2018

 

 

2017

 

Cash and cash equivalents

 

$

140,418

 

 

$

49,826

 

Restricted cash

 

 

3,500

 

 

 

3,500

 

Total cash, cash equivalents, and restricted cash

 

$

143,918

 

 

$

53,326

 
Topic 606 [Member]  
Summary of Financial Statement Line Item Affected Cumulative Adjustment and Compared with Guidance in Effect Prior to Adoption

Refer below for a summary of the amount by which each financial statement line item that was affected by the impact of the cumulative adjustment and as compared with the guidance that was in effect prior to the adoption:

 

 

Impact of Topic 606 Adoption on

Consolidated Balance Sheet as of January 1, 2018

 

(in thousands)

 

As reported under Topic 606

 

 

Adjustments

 

 

Balances without adoption of Topic 606

 

Deferred revenue, current portion

 

$

29,626

 

 

$

1,281

 

 

$

28,345

 

Deferred revenue, noncurrent portion

 

 

26,846

 

 

 

(2,398

)

 

 

29,244

 

Accumulated deficit

 

 

(494,362

)

 

 

1,117

 

 

 

(495,479

)

 

 

 

Impact of Topic 606 Adoption on

Consolidated Balance Sheet as of December 31, 2018

 

(in thousands)

 

As reported under Topic 606

 

 

 

 

Adjustments

 

 

 

 

Balances without adoption of Topic 606

 

Deferred revenue, current portion

 

$

47,564

 

 

 

 

$

15,553

 

 

 

 

$

63,117

 

Deferred revenue, noncurrent portion

 

 

108,273

 

 

 

 

 

(879

)

 

 

 

 

107,394

 

Accumulated deficit

 

 

(562,696

)

 

 

 

 

(14,674

)

 

 

 

 

(577,370

)

 

 

 

 

Impact of Topic 606 Adoption on  Consolidated Statement of Operations and Comprehensive Loss for the

Year Ended December 31, 2018

 

(in thousands, except per share amounts)

 

As reported under Topic 606

 

 

Adjustments

 

 

Balances without adoption of Topic 606

 

Collaboration revenue

 

$

84,065

 

 

$

(13,558

)

 

$

70,507

 

Net loss

 

 

(68,334

)

 

 

(13,558

)

 

 

(81,892

)

Net loss per share - basic and diluted:

 

 

(0.70

)

 

 

(0.14

)

 

 

(0.84

)

 

 

 

 

Impact of Topic 606 Adoption on Consolidated Statement of

Cash Flows for the Year Ended December 31, 2018

 

(in thousands)

 

As reported under Topic 606

 

 

Adjustments

 

 

Balances without adoption of Topic 606

 

Net loss

 

$

(68,334

)

 

$

(13,558

)

 

$

(81,892

)

Changes in deferred revenue

 

 

99,364

 

 

 

13,558

 

 

 

112,922