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Organization, Basis of Presentation and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2018
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 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

Condensed 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

Condensed Consolidated Balance Sheet as of June 30, 2018

 

(in thousands)

 

As reported under Topic 606

 

 

Adjustments

 

 

Balances without adoption of Topic 606

 

Deferred revenue, current portion

 

$

57,215

 

 

$

8,744

 

 

$

65,959

 

Deferred revenue, noncurrent portion

 

$

137,731

 

 

$

(3,581

)

 

$

134,151

 

Accumulated deficit

 

$

(531,189

)

 

$

(5,163

)

 

$

(536,352

)

 

 

 

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

Three Months Ended June 30, 2018

 

 

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

Six Months Ended June 30, 2018

 

(in thousands)

 

As reported under Topic 606

 

 

Adjustments

 

 

Balances without adoption of Topic 606

 

 

As reported under Topic 606

 

 

Adjustments

 

 

Balances without adoption of Topic 606

 

Collaboration revenue

 

$

21,289

 

 

$

(2,271

)

 

$

19,018

 

 

$

33,840

 

 

$

(4,047

)

 

$

29,793

 

Net loss

 

$

(16,640

)

 

$

(2,271

)

 

$

(18,911

)

 

$

(36,827

)

 

$

(4,047

)

 

$

(40,874

)

Net loss per share - basic and diluted:

 

$

(0.17

)

 

$

(0.02

)

 

$

(0.19

)

 

$

(0.40

)

 

$

(0.04

)

 

$

(0.44

)

 

 

 

Impact of Topic 606 Adoption on Condensed Consolidated Statement of Cash Flows for the

Six Months Ended June 30, 2018

 

(in thousands)

 

As reported under Topic 606

 

 

Adjustments

 

 

Balances without adoption of Topic 606

 

Net loss

 

$

(36,827

)

 

$

(4,047

)

 

$

(40,874

)

Changes in deferred revenue

 

$

138,474

 

 

$

4,047

 

 

$

142,521