Segments and Geographic Information | (6) Segments and Geographic Information The Company and its subsidiaries currently operate in two segments, product and service. The product segment oversees the supply chain and manufacturing of Crinone, the Company’s sole commercialized product. The service segment includes product development, clinical trial manufacturing, and advanced analytical and consulting services for the Company’s customers as well as characterizing and developing pharmaceutical product candidates for the Company’s internal programs. The Company conducts its advanced formulation, analytical and consulting services through its subsidiary, Juniper Pharma Services, the Company’s U.K.-based provider of pharmaceutical development, clinical trial manufacturing and advanced analytical and consulting services to the pharmaceuticals industry. The Company has integrated its supply chain management for Crinone into those operations and has therefore sought to capture synergies by transferring all operational activities related to its historic business. The Company owns certain plant and equipment physically located at third-party contractor facilities in the United Kingdom (the “U.K.”) and Switzerland. The Company’s largest customer, Merck KGaA, utilizes a Switzerland-based subsidiary to acquire product from the Company, which it then sells throughout the world, excluding the United States (the “U.S.”). The following tables show selected information by geographic area (in thousands): Revenues: Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 United States $ 3,917 $ 2,387 $ 7,459 $ 4,015 Switzerland 9,518 9,759 19,796 17,516 United Kingdom 1,182 1,088 1,975 2,037 Other countries 693 722 1,604 1,635 Total $ 15,310 $ 13,956 $ 30,834 $ 25,203 Total assets: June 30, 2018 December 31, 2017 United States $ 20,886 $ 21,683 Switzerland 7,362 1,366 United Kingdom 39,491 38,129 Other countries 29 42 Total $ 67,768 $ 61,220 Long-lived assets: June 30, 2018 December 31, 2017 United States $ 345 $ 523 Switzerland 1,257 535 United Kingdom 16,129 15,064 Other countries 3 2 Total $ 17,734 $ 16,124 Long-lived assets include fixed assets, intangibles and other assets. 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 and six months ended June 30, 2018 and 2017, Merck KGaA accounted for 100% of the product segment revenue. At June 30, 2018 and December 31, 2017, Merck KGaA made up 100% of the product segment accounts receivable. For the three and six months ended June 30, 2018 and 2017, the same customer accounted for 41% and 28% and 37% and 23% of the service segment total revenue, respectively. No additional customers accounted for 10% or more of the service segment total revenue for the three or six months ended June 30, 2018 and 2017. At June 30, 2018 and December 31, 2017, one customer accounted for 47% and 53% of total service segment accounts receivable, respectively. The following summarizes other information by segment for the three months ended June 30, 2018 (in thousands): Product Service Total Revenues Product revenues $ 9,343 $ — $ 9,343 Service revenues — 5,717 5,717 License revenues 250 — 250 Total revenues $ 9,593 $ 5,717 $ 15,310 Cost of product revenues 6,158 — 6,158 Cost of service revenues — 2,959 2,959 Total cost of revenues $ 6,158 $ 2,959 $ 9,117 Gross profit $ 3,435 $ 2,758 $ 6,193 Total operating expenses 8,136 Total non-operating income 729 Loss before income taxes $ (1,214 ) The following summarizes other information by segment for the three months ended June 30, 2017 (in thousands): Product Service Total Revenues Product revenues $ 9,569 $ — $ 9,569 Service revenues — 4,387 4,387 Total revenues $ 9,569 $ 4,387 $ 13,956 Cost of product revenues 5,303 — 5,303 Cost of service revenues — 2,347 2,347 Total cost of revenues $ 5,303 $ 2,347 $ 7,650 Gross profit $ 4,266 $ 2,040 $ 6,306 Total operating expenses 6,662 Total non-operating expense (20 ) Loss before income taxes $ (376 ) The following summarizes other information by segment for the six months ended June 30, 2018 (in thousands): Product Service Total Revenues Product revenues $ 19,417 $ — $ 19,417 Service revenues — 11,167 11,167 License revenues 250 — 250 Total revenues $ 19,667 $ 11,167 $ 30,834 Cost of product revenues 12,174 — $ 12,174 Cost of service revenues — 5,969 $ 5,969 Total cost of revenues $ 12,174 $ 5,969 18,143 Gross profit $ 7,493 $ 5,198 $ 12,691 Total operating expenses 13,618 Total non-operating income 485 Loss before income taxes $ (442 ) The following summarizes other information by segment for the six months ended June 30, 2017 (in thousands): Product Service Total Revenues Product revenues $ 17,295 $ — $ 17,295 Service revenues — 7,908 7,908 Total revenues $ 17,295 $ 7,908 $ 25,203 Cost of product revenues $ 9,617 $ — $ 9,617 Cost of service revenues — 4,590 4,590 Total cost of revenues $ 9,617 $ 4,590 $ 14,207 Gross profit $ 7,678 $ 3,318 $ 10,996 Total operating expenses 12,807 Total non-operating expense (6 ) Loss before income taxes $ (1,817 ) |