• Filing Date: 2020-08-04
  • Form Type: 10-Q
  • Description: Quarterly report
v3.20.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2020
Segment Information [Abstract]  
Schedule of Reporting Segments The following table presents a summary of the Company’s reporting segments for the three months ended June 30, 2020 and 2019:

Three Months Ended

Three Months Ended

June 30, 2020

June 30, 2019

U.S.

International

Other

Consolidated

U.S.

International

Other

Consolidated

(In thousands)

NET REVENUE

$

3,420

$

6,618

$

$

10,038

$

7,320

$

3,535

$

$

10,855

COST OF GOODS SOLD, EXCLUDING DEPRECIATION AND AMORTIZATION

(423)

(1,062)

(1,485)

(808)

(366)

(1,174)

GROSS PROFIT

2,997

5,556

8,553

6,512

3,169

9,681

RESEARCH, DEVELOPMENT AND MEDICAL AFFAIRS EXPENSES

1,098

664

48

1,810

1,630

1,090

114

2,834

GENERAL AND ADMINISTRATIVE EXPENSES

1,943

838

194

2,975

2,150

946

579

3,675

SALES AND MARKETING EXPENSES

3,207

1,100

75

4,382

4,217

1,779

112

6,108

DEPRECIATION AND AMORTIZATION

685

685

654

654

OPERATING EXPENSES

6,248

2,602

1,002

9,852

7,997

3,815

1,459

13,271

SEGMENT (LOSS) INCOME FROM OPERATIONS

(3,251)

2,954

(1,002)

(1,299)

(1,485)

(646)

(1,459)

(3,590)

OTHER INCOME AND EXPENSES, NET

(1,242)

(1,242)

(1,187)

(1,187)

NET LOSS BEFORE TAXES

$

(2,541)

$

(4,777)

 


The following table presents a summary of the Company’s reporting segments for the six months ended June 30, 2020 and 2019:

Six Months Ended

Six Months Ended

June 30, 2020

June 30, 2019

U.S.

International

Other

Consolidated

U.S.

International

Other

Consolidated

(In thousands)

NET REVENUE

$

10,487

$

14,086

$

$

24,573

$

14,086

$

9,659

$

$

23,745

COST OF GOODS SOLD, EXCLUDING DEPRECIATION AND AMORTIZATION

(1,182)

(2,230)

(3,412)

(1,493)

(1,281)

(2,774)

GROSS PROFIT

9,305

11,856

21,161

12,593

8,378

20,971

RESEARCH, DEVELOPMENT AND MEDICAL AFFAIRS EXPENSES

3,020

1,557

116

4,693

3,057

2,261

243

5,561

GENERAL AND ADMINISTRATIVE EXPENSES

3,915

1,775

466

6,156

4,084

1,933

1,051

7,068

SALES AND MARKETING EXPENSES

7,487

2,392

175

10,054

8,258

3,484

279

12,021

DEPRECIATION AND AMORTIZATION

1,339

1,339

1,306

1,306

OPERATING EXPENSES

14,422

5,724

2,096

22,242

15,399

7,678

2,879

25,956

SEGMENT (LOSS) INCOME FROM OPERATIONS

(5,117)

6,132

(2,096)

(1,081)

(2,806)

700

(2,879)

(4,985)

OTHER INCOME AND EXPENSES, NET

(2,615)

(2,615)

(2,484)

(2,484)

NET LOSS BEFORE TAXES

$

(3,696)

$

(7,469)