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Segment Reporting and Geographic Information (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Information Regarding Net Revenue and Gross Profit by Segment

Net revenue and gross profit information by segment for the three and six months ended June 30, 2017 and 2016 is as follows (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

PACS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net revenue

$

5,824

 

 

$

5,542

 

 

$

11,188

 

 

$

10,655

 

Gross profit

 

3,045

 

 

 

3,035

 

 

 

6,144

 

 

 

5,910

 

Gross profit margin

 

52

%

 

 

55

%

 

 

55

%

 

 

55

%

Identity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net revenue

 

4,058

 

 

 

2,909

 

 

 

7,147

 

 

 

5,415

 

Gross profit

 

1,313

 

 

 

1,014

 

 

 

2,437

 

 

 

1,965

 

Gross profit margin

 

32

%

 

 

35

%

 

 

34

%

 

 

36

%

Credentials:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net revenue

 

4,959

 

 

 

4,875

 

 

 

9,894

 

 

 

9,311

 

Gross profit

 

1,323

 

 

 

1,213

 

 

 

2,793

 

 

 

2,427

 

Gross profit margin

 

27

%

 

 

25

%

 

 

28

%

 

 

26

%

All Other:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net revenue

 

(1

)

 

 

150

 

 

 

3

 

 

 

580

 

Gross profit

 

2

 

 

 

7

 

 

 

6

 

 

 

261

 

Gross profit margin

 

-200

%

 

 

5

%

 

 

200

%

 

 

45

%

Total:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net revenue

 

14,840

 

 

 

13,476

 

 

 

28,232

 

 

 

25,961

 

Gross profit

 

5,683

 

 

 

5,269

 

 

 

11,380

 

 

 

10,563

 

Gross profit margin

 

38

%

 

 

39

%

 

 

40

%

 

 

41

%

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development

 

1,511

 

 

 

1,432

 

 

 

2,988

 

 

 

3,517

 

Selling and marketing

 

3,315

 

 

 

3,279

 

 

 

6,694

 

 

 

7,495

 

General and administrative

 

2,085

 

 

 

2,982

 

 

 

3,872

 

 

 

7,559

 

Restructuring and severance

 

 

 

 

201

 

 

 

 

 

 

2,940

 

Total operating expenses:

 

6,911

 

 

 

7,894

 

 

 

13,554

 

 

 

21,511

 

Loss from operations

 

(1,228

)

 

 

(2,625

)

 

 

(2,174

)

 

 

(10,948

)

Non-operating income (expense):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense, net

 

(678

)

 

 

(519

)

 

 

(1,352

)

 

 

(1,289

)

Gain on extinguishment of debt

 

 

 

 

 

 

 

977

 

 

 

 

Foreign currency gains (losses), net

 

1

 

 

 

45

 

 

 

(151

)

 

 

274

 

Loss before income taxes and noncontrolling interest

$

(1,905

)

 

$

(3,099

)

 

$

(2,700

)

 

$

(11,963

)

 

Information Regarding Net Revenue by Geographic Region

Geographic net revenue is based on the customer’s ship-to location. Information regarding net revenue by geographic region for the three and six months ended June 30, 2017 and 2016 is as follows (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Americas

 

$

9,495

 

 

$

9,198

 

 

$

18,603

 

 

$

17,419

 

Europe and the Middle East

 

 

2,117

 

 

 

1,752

 

 

 

3,996

 

 

 

3,820

 

Asia-Pacific

 

 

3,228

 

 

 

2,526

 

 

 

5,633

 

 

 

4,722

 

Total

 

$

14,840

 

 

$

13,476

 

 

$

28,232

 

 

$

25,961

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

 

64

%

 

 

68

%

 

 

66

%

 

 

67

%

Europe and the Middle East

 

 

14

%

 

 

13

%

 

 

14

%

 

 

15

%

Asia-Pacific

 

 

22

%

 

 

19

%

 

 

20

%

 

 

18

%

Total

 

 

100

%

 

 

100

%

 

 

100

%

 

 

100

%

 

Long-Lived Assets by Geographic Location

Long-lived assets by geographic location as of June 30, 2017 and December 31, 2016 are as follows (in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2017

 

 

2016

 

Property and equipment, net:

 

 

 

 

 

 

 

 

Americas

 

$

935

 

 

$

1,100

 

Europe and the Middle East

 

 

144

 

 

 

162

 

Asia-Pacific

 

 

926

 

 

 

1,154

 

Total property and equipment, net

 

$

2,005

 

 

$

2,416