Annual report pursuant to Section 13 and 15(d)

Industry Segments and Financial Information About Foreign and Domestic Operations

v3.8.0.1
Industry Segments and Financial Information About Foreign and Domestic Operations
 12 Months Ended
Sep. 30, 2017
Industry Segments and Financial Information About Foreign and Domestic Operations

Note 8.       Industry Segments and Financial Information about Foreign and Domestic Operations



The Company currently operates in two reportable segments: Commercial and Research and Development. There are no significant inter-segment sales. We evaluate the performance of each segment based on operating profit or loss. There is no inter-segment allocation of interest expense and income taxes. Our chief operating decision-maker (CODM) is Mitchell Steiner, M.D., our President and Chief Executive Officer. 



Information about the Company's operations by segment and geographic area is as follows (in thousands). 







 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

   

For the years ended September 30,

(In thousands)

2017

 

2016

 

2015

Operating (loss) income:

 

 

 

 

 

 

 

 

Commercial

$

 3,144 

 

$

 9,932 

 

$

 13,445 

R&D

 

 (3,244)

 

 

 (89)

 

 

 (220)

Corporate

 

 (8,394)

 

 

 (6,824)

 

 

 (6,607)



$

 (8,494)

 

$

 3,019 

 

$

 6,618 



 

 

 

 

 

 

 

 

Revenues:

 

 

 

 

 

 

 

 

Zimbabwe

$

 2,227 

 

$

 3,305 

 

$

 2,696 

Mozambique

 

 1,430 

 

 

 —

 

 

 —

United States

 

 1,288 

 

 

 2,464 

 

 

 2,029 

South Africa

 

 951 

 

 

 1,117 

 

 

 2,331 

Cameroon

 

 891 

 

 

 —

 

 

 —

Nigeria

 

 846 

 

 

 —

 

 

 —

Brazil

 

 —

 

 

 6,008 

 

 

 14,841 

Other

 

 6,022 

 

 

 9,233 

 

 

 10,708 



$

 13,655 

 

$

 22,127 

 

$

 32,605 



All of our revenues are attributed to our Commercial operating segment. Amounts related to long-lived assets, depreciation and amortization, and income taxes are not reported as part of the operating segments or reviewed by the CODM. These amounts are included in Corporate in the reconciliations above.