Annual report pursuant to Section 13 and 15(d)

Geographic information

v3.6.0.2
Geographic information
 12 Months Ended
Dec. 31, 2016
Geographic information  
Geographic information

Note 12 — Geographic information

 

Operations by geographic area

 

Revenue represents recognized income from the GSK Collaboration and License agreement.  All revenue was derived in the U.K.

 

Long-lived assets (excluding intangibles and financial instruments) were located as follows (in thousands):

 

 

 

December 31,
2016

 

December 31,
2015

 

June 30,
2015

 

 

 

 

 

 

 

 

 

U.K.

 
15,719 

 

$
12,124 

 

$
4,898 

 

U.S.

 
12,180 

 
1,101 

 
494 

 

 

 

 

 

 

 

 

 

Total long-lived assets(1)

 
27,899 

 

$
13,225 

 

$
5,392 

 

 

 

 

 

 

 

 

 

 

 

 

 

  (1) Clinical materials of $2,580,000, $4,736,000 and $nil, included within non-current assets at December 31, 2016, December 31, 2015 and June 30, 2015, are not included within the table above because they can easily be transferred between geographic location.

 

Major customers:

 

During the year ended December 31, 2016, six months ended December 31, 2015 and the years ended June 30, 2015 and 2014 revenues were generated from one customer, which was GSK. GSK accounted for 100% of revenue.