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Segment, Customer and Geographic Information
12 Months Ended
Dec. 31, 2012
Segment, Customer and Geographic Information

Note 18. Segment, Customer and Geographic Information

The Company continues to operate in only one segment, blood safety. The Company’s chief executive officer is the chief operating decision maker who evaluates performance based on the net revenues and operating loss of the blood safety segment. The Company considers the sale of all of its INTERCEPT Blood System products to be similar in nature and function, and any revenue earned from services is minimal.

The Company’s operations outside of the United States include a wholly-owned subsidiary headquartered in Europe. The Company’s operations in the United States are responsible for the research and development and global commercialization of the INTERCEPT Blood System, while operations in Europe are responsible for the commercialization efforts of the platelet and plasma systems in Europe, The Commonwealth of Independent States and the Middle East. Product revenues are attributed to each region based on the location of the customer, and in the case of non-product revenues, on the location of the collaboration partner.

The Company had the following significant customers that accounted for more than 10% of the Company’s total product revenue, all of which operate in a country outside of the United States, during the years ended December 31, 2012, 2011 and 2010 (in percentages):

 

     Year Ended December 31,  
         2012             2011             2010      

Etablissement Francais du Sang

     20     24     20

Movaco, S.A.

     19     21     19

Delrus Inc.

     12     12     16

Service Francophone du Sang *

     *        *        12

 

* Represents an amount less than 10% of product revenue.

 

The Company also recognized government grants and cooperative agreements revenue which represented less than 1% of total revenue, 7% of total revenue and 6% of total revenue, during the years ended December 31, 2012, 2011 and 2010, respectively.

Net revenues by geographical location was based on the location of the customer, in the case of product revenues, and in the location of the collaboration partner, in the case of non-product revenues, during the years ended December 31, 2012, 2011 and 2010 and was as follows (in thousands):

 

     Year Ended December 31,  
     2012      2011      2010  

Product Revenue:

        

France

   $ 7,321       $ 7,385       $ 4,432   

Spain and Portugal

     7,061         6,504         4,175   

CIS

     8,016         3,754         3,383   

Belgium

     4,016         3,703         3,710   

Switzerland

     3,866         3,315         1,330   

Other countries

     6,415         5,941         4,647   
  

 

 

    

 

 

    

 

 

 

Total product revenue

     36,695         30,602         21,677   

Government grants and cooperative agreements:

        

United States

     91         2,442         1,432   
  

 

 

    

 

 

    

 

 

 

Total government grants and cooperative agreements

     91         2,442         1,432   
  

 

 

    

 

 

    

 

 

 

Total revenue

   $ 36,786       $ 33,044       $ 23,109   
  

 

 

    

 

 

    

 

 

 

Long-lived assets by geographical location, which consist of property and equipment, net, intangible assets, net, and certain other assets, at December 31, 2012 and 2011 were as follows (in thousands):

 

     December 31,  
      2012      2011  

United States

   $ 2,895       $ 3,299   

Europe

     349         650   
  

 

 

    

 

 

 

Total long-lived assets

   $ 3,244       $ 3,949