Segments and Geographic Information | (6) Segments and Geographic Information The Company currently operates in two segments: product and service. The product segment oversees the supply chain and manufacturing of CRINONE ® The Company’s largest customer, Merck Serono, acquires product from the Company through its Switzerland-based subsidiary, which it then sells throughout the world excluding the U.S. The Company’s primary domestic customer, Allergan, is responsible for the commercialization and sale of progesterone products in the United States. Juniper Pharma Services provides services to customers in many jurisdictions; including the European Union, United States, Australia and Canada. The following tables show selected information by geographic area (in thousands): Revenues: Three Months Ended Six Months Ended 2015 2014 2015 2014 United States $ 1,877 $ 2,144 $ 3,624 $ 4,645 Switzerland 6,691 3,522 11,629 7,053 Other countries 1,645 988 3,286 1,972 Total $ 10,213 $ 6,654 $ 18,539 $ 13,670 Total assets: June 30, December 31, United States $ 18,675 $ 18,212 United Kingdom 32,457 32,140 Other countries 3,099 1,856 Total $ 54,231 $ 52,208 Long-lived assets: June 30, December 31, United Kingdom $ 11,993 $ 12,361 Other countries 1,015 776 Total $ 13,008 $ 13,137 No other individual country represented greater than 10% of total revenues, total assets, or total long-lived assets for any period presented. For the three months ended June 30, 2015 and 2014, Merck Serono and Allergan accounted for 65% and 8%, and 53% and 15% of total revenues, respectively. For the six months ended June 30, 2015 and 2014, Merck Serono and Allergan accounted for 62% and 10%, and 47% and 15% of total revenues, respectively. For the three months ended June 30, 2015 one customer accounted for 10% of total service revenues. No additional customers accounted for 10% or more of total revenues for the three or six months ended June 30, 2015 and 2014. At June 30, 2015 Merck Serono and Allergan made up 67% and 33% of the product segment accounts receivable, respectively. At December 31, 2014 Merck Serono and Allergan accounted for 54% and 46% of the product segment accounts receivable, respectively. At June 30, 2015 one customer accounted for 11% of total service segment net accounts receivable. No other customers accounted for greater than 10% of the service segment accounts receivable. At December 31, 2014 two customers accounted for 18% and 11% of total service segment accounts receivable. The following summarizes other information by segment for the three months ended June 30, 2015 (in thousands): Product Service Total Revenues Product revenues $ 6,635 $ — $ 6,635 Service revenues — 2,714 2,714 Royalties 864 — 864 Total revenues 7,499 2,714 10,213 Cost of product revenues 3,521 — 3,521 Cost of service revenues — 2,049 2,049 Total cost of revenues 3,521 2,049 5,570 Gross profit 3,978 665 4,643 Total operating expenses 4,976 Total non-operating income 10 Loss before income taxes (323 ) The following summarizes other information by segment for the three months ended June 30, 2014 (in thousands): Product Service Total Revenues Product revenues $ 3,508 $ — $ 3,508 Service revenues — 2,110 2,110 Royalties 1,036 — 1,036 Other revenues — — — Total revenues 4,544 2,110 6,654 Cost of product revenues 1,953 — 1,953 Cost of service revenues — 1,916 1,916 Total cost of revenues 1,953 1,916 3,869 Gross profit 2,591 194 2,785 Total operating expenses 2,706 Total non-operating income 77 Income before income taxes 156 The following summarizes other information by segment for the six months ended June 30, 2015 (in thousands): Product Service Total Revenues Product revenues $ 11,510 $ — $ 11,510 Service revenues — 5,174 5,174 Royalties 1,855 — 1,855 Total revenues 13,365 5,174 18,539 Cost of product revenues 6,633 — 6,633 Cost of service revenues — 3,815 3,815 Total cost of revenues 6,633 3,815 10,448 Gross profit 6,732 1,359 8,091 Total operating expenses 9,255 Total non-operating income 154 Loss before income taxes (1,010 ) The following summarizes other information by segment for the six months ended June 30, 2014 (in thousands): Product Service Total Revenues Product revenues $ 6,969 $ — $ 6,969 Service revenues — 4,588 4,588 Royalties 2,113 — 2,113 Other revenues — — — Total revenues 9,082 4,588 13,670 Cost of product revenues 4,379 — 4,379 Cost of service revenues — 3,762 3,762 Total cost of revenues 4,379 3,762 8,141 Gross profit 4,703 826 5,529 Total operating expenses 5,558 Total non-operating income 349 Income before income taxes 320 |