Revenue Disaggregation and Operating Segments

3 Months Ended

Mar. 31, 2020

Revenue Disaggregation and Operating Segments

Revenue Disaggregation and Operating Segments

(9) Revenue Disaggregation and Operating Segments

The following table presents the Company’s revenue disaggregated by product and geography:

	Three Months Ended March 31, 2020						Three Months Ended March 31, 2019
	U.S.		OUS *		Total		U.S.		OUS		Total
LAP-BAND product	$	1,954	$	835	$	2,789	$	3,066	$	8	$	3,074
Total	$	1,954	$	835	$	2,789	$	3,066	$	8	$	3,074

*The next largest individual country outside the U.S. was Australia, which was 10.7% of total revenues for the three months ended March 31, 2020. Revenue for the three months ended March 31, 2019 primarily consisted of sales through Apollo, so because of this, there were no direct OUS sales that quarter.

Operating Segments

The Company’s operating segments currently consist of the Lap-Band segment and the ReShape Vest segment. These two operating segments are reported based on the financial information provided to the Chief Operating Decision Maker (the Chief Executive Officer, or “CODM”). The Company’s CODM evaluates segment performance based on gross profit, which currently only consists of LAP-BAND. The Company’s CODM does not use operating segment assets information to allocate resources or to assess performance of the operating segments and thus total segment assets have not been disclosed.