Quarterly report pursuant to Section 13 or 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
3 Months Ended
Dec. 31, 2017
Industry Segments and Financial Information About Foreign and Domestic Operations [Abstract]  
Industry Segments and Financial Information About Foreign and Domestic Operations

Note 9 - Industry Segments and Financial Information about Foreign and Domestic Operations



The Company currently operates in two reporting 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 three months ended December 31,



2017

 

2016

Operating (loss) income:

(In thousands)

Commercial

$

143 

 

$

948 

Research and Development

 

(2,032)

 

 

(159)

Corporate

 

(5,548)

 

 

(2,664)



$

(7,437)

 

$

(1,875)



 

 

 

 

 

Revenues:

 

 

 

 

 

United States

$

994 

 

$

358 

South Africa

 

318 

 

 

636 

Zimbabwe

 

300 

 

 

516 

Peru

 

282 

 

 

 —

Cameroon

 

 —

 

 

891 

Other

 

693 

 

 

843 



$

2,587 

 

$

3,244 



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