Note 1 - Description of Business

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Business Description and Basis of Presentation [Text Block]

NOTE

1

.

DESCRIPTION

OF BUSINESS

Cutera, Inc. (“

Cutera” or the “Company”) is a global provider of laser and other energy-based aesthetic systems for practitioners worldwide. The Company designs, develops, manufactures, and markets laser and other energy-based product platforms for use by physicians and other qualified practitioners which enable them to offer safe and effective aesthetic treatments to their customers. The Company currently markets the following key system platforms:

excel

V,

excel HR, enlighten,

Juliet

,

Secret RF

,

truSculpt

and

xeo

. The Company’s systems offer multiple hand pieces and applications, which allow customers to upgrade their systems. The sales of (i) systems, system upgrades and hand pieces (classified as “Systems” revenue); (ii) hand piece refills applicable to

Titan

and

truSculpt

3D

(classified as “Hand Piece Refills”); and (iii) the distribution of

third

party manufactured skincare products (classified as "Skincare” revenue); and collectively classified as “Products” revenue. In addition to Products revenue, the Company generates revenue from the sale of post-warranty service contracts, parts, detachable hand piece replacements (except for

Titan

and

truSculpt

3D

) and service labor for the repair and maintenance of products that are out of warranty, all of which is classified as “Service” revenue.

Headquartered in Brisbane, California, the Company has wholly-owned subsidiaries that are currently operational in Australia, Belgium, Canada, France, Germany, Hong Kong, Japan,

Spain, Switzerland and the United Kingdom. These subsidiaries market, sell and service the Company’s products outside of the United States.