License Agreements (Details) - USD ($) |
3 Months Ended | |
---|---|---|
Mar. 31, 2020 |
Dec. 31, 2019 |
|
Deferred revenue | $ 600,000 | $ 1,500,000 |
BioSense Global LLC [Member] | ||
Upfront payment | 1,650,000 | |
Amount received from upfront payment | 1,500,000 | |
Deferred revenue | 600,000 | |
Amount due | 150,000 | |
Milestone payment | 84,500,000 | |
Zhejiang HaiChang Biotechnology Co., Ltd. [Member] | ||
Upfront payment | 250,000 | |
Fixed consideration | 250,000 | |
RX-3117 License [Member] | BioSense Global LLC [Member] | ||
Upfront payment | 750,000 | |
Revenue recognized | 0 | |
RX-3117 Material [Member] | BioSense Global LLC [Member] | ||
Revenue recognized | 900,000 | |
RX-0201 [Member] | Zhejiang HaiChang Biotechnology Co., Ltd. [Member] | ||
Milestone payment | 63,000,000 | |
RX-0047 [Member] | Zhejiang HaiChang Biotechnology Co., Ltd. [Member] | ||
Milestone payment | $ 33,000,000 |
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- Definition Amounts due for billed services rendered or to be rendered, actions taken or to be taken, or a promise to refrain from taking certain actions in accordance with the terms of a legally binding agreement between the Company and, at a minimum, one other party. An example would be amounts billed to customers under contracts or programs but not paid as of the balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue recognized that was previously included in balance of obligation to transfer good or service to customer for which consideration from customer has been received or is due. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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