Note 13 - Segment Reporting

6 Months Ended

Jun. 30, 2018

Segment Reporting Disclosure [Text Block]

Note

13.

Segment reporting

Segment reporting is based on the “management approach,” following the method that management organizes the company’s reportable segments for which separate financial information is made available to, and evaluated regularly by, the chief operating decision maker in allocating resources and in assessing performance. The Company’s chief operating decision maker ("CODM") is its Chief Executive Officer ("CEO"), who makes decision on allocating resources and in assessing performance. The CEO reviews the Company's consolidated results as

one

operating segment. In making operating decisions, the CEO primarily considers consolidated financial information, accompanied by disaggregated information about revenues by geography and product. All of the Company’s principal operations and decision-making functions are located in the U.S. The Company’s CEO viewed its operations, managed its business, and used

one

measurement of profitability for the

one

operating segment — which sells aesthetic medical equipment and services, and distributes skincare products, to qualified medical practitioners. Substantially all of the Company’s long-lived assets are located in the U.S.

The following table presents a summary of revenue by geography for the

three

months ended

June 30, 2018

and

2017

(in thousands):

	Three Months Ended June 30,
	2018		2017
Revenue mix by geography:
United States	$	28,132	$	24,239
Japan		3,946		3,710
Asia, excluding Japan		4,231		2,830
Europe		1,803		1,219
Rest of the world		4,441		4,391
Total consolidated revenue	$	42,553	$	36,389
Revenue mix by product category:
Products	$	35,291	$	30,115
Consumables		1,057		649
Skincare		1,302		963
Total product revenue	$	37,650	$	31,727
Service		4,903		4,662
Total consolidated revenue	$	42,553	$	36,389

The following table presents a summary of revenue by geography for the

six

months ended

June 30, 2018

and

2017

(in thousands):

	Six Months Ended June 30,
	2018		2017
Revenue mix by geography:
United States	$	49,268	$	40,783
Japan		7,501		7,590
Asia, excluding Japan		7,074		6,014
Europe		4,373		3,445
Rest of the World		8,462		7,856
Total consolidated revenue	$	76,678	$	65,688
Revenue mix by product category:
Products	$	62,530	$	53,107
Consumables		1,826		1,148
Skincare		2,558		1,947
Total product revenue	$	66,914	$	56,202
Service		9,764		9,486
Total consolidated revenue	$	76,678	$	65,688