Note 5 - License Revenue with Affiliate

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

Note 5  – License R evenue with A ffiliate

	Three Months Ended March 31,
(in thousands)	2019		2018
License revenue with affiliate	$	40	$	204

License revenue with affiliate for the

three

months ended

March 31, 2019

represents revenue from a License Agreement with Lee’s Pharmaceutical (HK) Ltd. (Lee’s (HK)), an affiliate of our largest shareholder, Lee’s Pharmaceutical Holdings Limited (Lee’s), and constitutes a contract with a customer accounted for in accordance with ASC Topic

606.