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Note 3 - Business Combination - Allocation of the Purchase Price to the Fair Value of the Respective Assets and Liabilities Acquired (Details) - USD ($)
$ in Thousands
12 Months Ended
Feb. 13, 2018
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash and cash equivalents       $ 25,525
Accounts receivable       14,666
Prepaid expenses       436
Property and equipment       170
Intangible assets:        
Developed technology (1) [1]       22,100
In-process research and development (2) [2]       1,600
Total assets       64,497
Accounts payable       (3,304)
Other current liabilities       (6,744)
Liability related to sale of future royalties       (15,900)
Net assets acquired       38,549
Purchase price $ (31,789)     (31,789)
Bargain purchase gain (3)   6,760 [3]
Previously Reported [Member]        
Cash and cash equivalents 25,525      
Accounts receivable 14,666      
Prepaid expenses 446      
Property and equipment 170      
Intangible assets:        
Developed technology (1) [1] 22,400      
In-process research and development (2) [2] 1,600      
Total assets 64,807      
Accounts payable (3,379)      
Other current liabilities (6,351)      
Liability related to sale of future royalties (16,300)      
Net assets acquired 38,777      
Purchase price (31,789)      
Bargain purchase gain (3) [3] $ 6,988      
Revision of Prior Period, Adjustment [Member]        
Cash and cash equivalents      
Accounts receivable      
Prepaid expenses       (10)
Property and equipment      
Intangible assets:        
Developed technology (1) [1]       (300)
In-process research and development (2) [2]      
Total assets       (310)
Accounts payable       75
Other current liabilities       (393)
Liability related to sale of future royalties       400
Net assets acquired       (228)
Purchase price      
Bargain purchase gain (3) [3]       $ (228)
[1] Developed technology comprises Inavir and Relenza, both influenza vaccines on which the Company is, or was, receiving royalty revenue, which, based on valuations prepared by an independent third party based on estimated discounted cash flows based on probability-weighted future development expenditures and revenue streams provided by the Company's management, are being, or has been, amortized on a straight-line basis over the estimated periods of future royalties at the time of the acquisition of 11.75 and 1.3 years, respectively.
[2] In-process research and development (see Note 5) related to teslexivir, or BTA074, a direct-acting antiviral that, at the time of the Merger, was being actively developed as a treatment for genital warts. The valuation was prepared by an independent third party based on estimated discounted cash flows based on probability-weighted future development expenditures and revenue streams provided by the Company's management.
[3] The bargain purchase gain represents the excess of the fair value of tangible and identified intangible assets acquired, less liabilities assumed, over the purchase price.