XML 36 R24.htm IDEA: XBRL DOCUMENT v3.22.0.1
Business Segments and Geographical Information
12 Months Ended
Jan. 01, 2022
Segment Reporting [Abstract]  
Business Segments and Geographical Information

17. Business Segments and Geographical Information

We operate in one segment, ophthalmology. Substantially all of our long-term assets are located in the U.S. We develop, manufacture and market medical devices. Our revenues arise from the sale of consoles, delivery devices, consumables, service and support activities.

Revenue information shown by product is as follows (in thousands):

 

 

 

FY 2021

 

 

FY 2020

 

 

 

Year Ended

 

 

Year Ended

 

 

 

January 1, 2022

 

 

January 2, 2021

 

Cyclo G6

 

$

13,950

 

 

$

11,272

 

Retina

 

 

31,106

 

 

 

18,088

 

Other(1)

 

 

8,847

 

 

 

6,987

 

Total revenues

 

$

53,903

 

 

$

36,347

 

(1) Other includes service contract revenues of $1,386 and $1,263 recognized during fiscal years 2021 and 2020, respectively. Also includes $615 recognized revenue related to the exclusive distribution rights during fiscal year 2021. Other also includes revenues from paid service, royalty, freight and legacy G probes.

 

 

Revenue information shown by geographic region is as follows (in thousands):

 

 

 

FY 2021

 

 

FY 2020

 

 

 

Year Ended

 

 

Year Ended

 

 

 

January 1, 2022

 

 

January 2, 2021

 

United States

 

$

25,561

 

 

$

19,312

 

Europe

 

 

13,573

 

 

 

8,006

 

Asia/Pacific Rim

 

 

12,226

 

 

 

7,062

 

Americas, excluding the U.S.

 

 

2,543

 

 

 

1,967

 

 

 

$

53,903

 

 

$

36,347

 

 

Revenues are attributed to countries based on location of end customers. Other than the United States, Japan accounted for more than 10% of the Company’s revenues during fiscal year 2021, representing 13.5%. The United States accounted for 47.4% of revenues in 2021. For fiscal year 2020 no individual country accounted for more than 10% of our sales, except for the United States, which accounted for 53.1%.