GEOGRAPHIC AND SEGMENT INFORMATION

3 Months Ended

Mar. 31, 2013

GEOGRAPHIC AND SEGMENT INFORMATION

GEOGRAPHIC AND SEGMENT INFORMATION

11. GEOGRAPHIC AND SEGMENT INFORMATION

The accounting guidance for segment reporting establishes standards for reporting information on operating segments in annual financial statements. The Company operates in one segment, which is the business of developing and commercializing technologies for the production of polymers and chemicals in plants and in microbes. The Company’s chief operating decision-maker does not manage any part of the Company separately, and the allocation of resources and assessment of performance are based on the Company’s consolidated operating results.

As of March 31, 2013, less than 10% of the Company’s combined total assets were located outside of the United States and the reported net income outside of the United States for the three months ended March 31, 2013 and 2012 was less than 10% of the combined net income of the consolidated Company.

The geographic distribution of the Company’s revenues and long-lived assets from continuing operations is summarized as follows:

	U.S.		Canada		Germany		Eliminations			Total
Three Months Ended March 31, 2013:
Net revenues to unaffiliated customers	$	1,847	$	96	$	—	$	—		$	1,943
Inter-geographic revenues	—		204		—		(204		)	—
Net revenues	$	1,847	$	300	$	—	$	(204	)	$	1,943
Three Months Ended March 31, 2012:
Net revenues to unaffiliated customers	$	39,260	$	62	$	—	$	—		$	39,322
Inter-geographic revenues	—		181		—		(181		)	—
Net revenues	$	39,260	$	243	$	—	$	(181	)	$	39,322

Foreign revenue is based on the country in which the Company’s subsidiary that earned the revenue is domiciled. During the three months ended March 31, 2013, $373 in product shipped to customers by Metabolix GmbH, the Company’s newly established wholly-owned subsidiary located in Cologne, Germany, was deferred in accordance with the Company’s revenue recognition policy.

The geographic distribution of the Company’s long-lived assets is summarized as follows:

	U.S.		Canada		Germany		Eliminations		Total
March 31, 2013	$	1,036	$	84	$	—	$	—	$	1,120
December 31, 2012	$	1,309	$	49	$	—	$	—	$	1,358