Quarterly report pursuant to Section 13 or 15(d)

Revenue from contracts with customers (Tables)

v3.10.0.1
Revenue from contracts with customers (Tables)
 9 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Schedule of Prospective Adoption of New Accounting Pronouncements [Table Text Block]
The changes were as follows (in thousands):
 
 
 
Balance at
December 31, 2017
 
 
ASC 606
Adjustments
 
 
Balance at
January 1, 2018
 
Liabilities
 
 
 
 
 
 
 
 
 
Deferred license revenue, current
 
$
115
 
 
$
100
 
 
$
215
 
Deferred license revenue, long-term
 
 
1,222
 
 
 
(46
)
 
 
1,176
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated deficit
 
 
(31,979
)
 
 
(54
)
 
 
(32,033
)
 
The impact of adopting ASC 606 as compared to the previous recognition guidance on our consolidated statement of operations and comprehensive (loss) income was as follows (in thousands):
 
 
 
For the three months ended September 30, 2018
 
 
 
As Reported
 
 
Balances Without Adoption of
ASC 606
 
 
Adoption Impact of ASC 606
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
 
 
 
 
 
 
 
 
Management, license and incentive fee revenues
 
$
2,688
 
 
$
3,014
 
 
$
(326
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income
 
$
(209
)
 
$
117
 
 
$
(326
)
 
 
 
For the nine months ended September 30, 2018
 
 
 
As Reported
 
 
Balances Without Adoption of
ASC 606
 
 
Adoption Impact of ASC 606
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
 
 
 
 
 
 
 
 
 
 
 
Management, license and incentive fee revenues
 
$
7,832
 
 
$
8,101
 
 
$
(269
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
222
 
 
$
491
 
 
$
(269
)
Receivables and Contract Liabilities [Table Text Block]
The following table provides information about receivables and contract liabilities (deferred license fees) from contracts with customers (in thousands):
 
   
September 30,
2018
  
Receivables 
(a)
    $ 281  
Deferred license fees    $ 1,904  
 
(a) Receivables are included in accounts receivable on the September 30, 2018 consolidated balance sheet.
Contract with Customer, Asset and Liability [Table Text Block]
Significant changes in deferred license fees are as follows (in thousands):
 
   
For the
  
   
Nine Months Ended
  
   
September 30, 2018
  
Deferred license fees - January 1, 2018 
(a)
   $ 1,391  
Additions to deferred revenue     694  
Revenue recognized during the period     (181 )
Deferred license fees - September 30, 2018   $ 1,904  
 
(a) Includes the cumulative effect of adopting ASC 606
Revenue Remaining Performance Obligations Expected Timing of Satisfaction [Table Text Block]
The following table reflects the estimated license fees to be recognized in the future related to performance obligations that are unsatisfied as of September 30, 2018 (in thousands):
 
Remainder of 2018 
(a)
     $ 60  
2019       241  
2020       241  
2021       241  
2022       241  
Thereafter       880  
Total     $ 1,904  
 
(a) Represents license fees expected to be recognized for the remainder of 2018.