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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2018
Revenue from Contract with Customer [Abstract]  
Summary of Changes in Contract Assets and Liabilities

The following table presents changes in the Company’s contract assets and liabilities for the three months ended March 31, 2018.

 

     Balance at
Beginning of
Period
     Additions      Deductions     Balance at
End of Period
 
     (in thousands)  

Contract Assets

   $ 67      $ 129      $ (76   $ 120  

Contract Liabilities: Deferred Revenue

   $ 2,173      $ —        $ (1,344   $ 829  
Summary of Revenue Recognized

During the three months ended March 31, 2018 and 2017, the Company recognized the following revenues (in thousands).

 

    Three Months
ended
March 31, 2018
    Three Months
ended
March 31, 2017
 
    (in thousands)     (in thousands)  

Revenue recognized in the period from:

   

Amounts included in contract liabilities at the beginning of the period:

   

Performance obligations satisfied

  $ 1,315     $ 1,662  

New activities in the period:

   

Changes in the estimated transaction price allocated to performance obligations satisfied in prior periods – contract revenue

    7       —    

Performance obligations satisfied from new activities in the current period – contract revenue

    22       —    

Performance obligations satisfied from new activities in the current period – grant revenue

    129       31  
 

 

 

   

 

 

 

Total revenue

  $ 1,473     $ 1,693