Annual report pursuant to Section 13 and 15(d)

Geographic information

v3.8.0.1
Geographic information
 12 Months Ended
Dec. 31, 2017
Geographic information  
Geographic information

Note 13 — Geographic information

 

Operations by geographic area

 

Revenue represents recognized income from the GSK Collaboration and License Agreement.  All revenue was derived in the United Kingdom.

 

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

 

 

 

December 31,

 

December 31,

 

 

 

2017

 

2016

 

U.K.

 

$
22,786

 

$
15,719

 

U.S.

 
17,893

 
12,180

 

 

 

 

 

 

 

Total long-lived assets(1)

 

$
40,679

 

$
27,899

 

 

 

 

 

 

 

 

 

 

 

(1)

Clinical materials of $4,695,000 and 2,580,000, included within non-current assets as of December 31, 2017 and 2016, respectively, are not included within the table above because they can easily be transferred between geographic locations.

 

Major customers:

 

During the year ended December 31, 2017 and 2016, six months ended December 31, 2015 and the year ended June 30, 2015 100% of revenues were generated from one customer, which was GSK.