Business Segments (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Financial Information

The following tables set forth financial information by segment:

Three months ended March 31, 2022	Consumer Products segment		Ingredients segment		Analytical Reference Standards and Services segment		Corporate and other		Total
(In thousands)
Net sales	$	14,937	$	1,427	$	895	$	—	$	17,259
Cost of sales	5,252		722		753		—		6,727
Gross profit	9,685		705		142		—		10,532
Operating expenses:
Sales and marketing	8,074		24		139		—		8,237
Research and development	1,002		76		—		—		1,078
General and administrative	—		—		—		8,949		8,949
Operating expenses	9,076		100		139		8,949		18,264
Operating income (loss)	$	609	$	605	$	3	$	(8,949)	$	(7,732)

Three months ended March 31, 2021	Consumer Products segment		Ingredients segment		Analytical Reference Standards and Services segment		Corporate and other		Total
(In thousands)
Net sales	$	12,437	$	1,315	$	931	$	—	$	14,683
Cost of sales	4,203		563		683		—		5,449
Gross profit	8,234		752		248		—		9,234
Operating expenses:
Sales and marketing	6,111		10		137		—		6,258
Research and development	718		69		—		—		787
General and administrative	—		—		—		9,551		9,551
Operating expenses	6,829		79		137		9,551		16,596
Operating income (loss)	$	1,405	$	673	$	111	$	(9,551)	$	(7,362)

Schedule of Disaggregation of Revenue

Disaggregated revenues are as follows:

Three Months Ended March 31, 2022	Consumer Products Segment		Ingredients Segment		Analytical Reference Standards and Services Segment		Total
(In thousands)
Tru Niagen®, Consumer Product	$	14,937	$	—	$	—	$	14,937
Niagen® Ingredient	—		1,131		—		1,131
Subtotal Niagen® Related	$	14,937	$	1,131	$	—	$	16,068
Other Ingredients	—		296		—		296
Reference Standards	—		—		883		883
Consulting and Other	—		—		12		12
Subtotal Other Goods and Services	$	—	$	296	$	895	$	1,191
Total Net Sales	$	14,937	$	1,427	$	895	$	17,259

Three Months Ended March 31, 2021	Consumer Products Segment		Ingredients Segment		Analytical Reference Standards and Services Segment		Total
(In thousands)
Tru Niagen®, Consumer Product	$	12,437	$	—	$	—	$	12,437
Niagen® Ingredient	—		1,203		—		1,203
Subtotal Niagen® Related	$	12,437	$	1,203	$	—	$	13,640
Other Ingredients	—		112		—		112
Reference Standards	—		—		800		800
Consulting and Other	—		—		131		131
Subtotal Other Goods and Services	$	—	$	112	$	931	$	1,043
Total Net Sales	$	12,437	$	1,315	$	931	$	14,683

Schedule of Major Customers

Percentage of net sales from major customers of the Company’s consumer products segment for the periods indicated were as follows:

	Three Months Ended March 31,
Major Customers	2022		2021
A.S. Watson Group - Related Party	14.8	%	10.6	%

The percentage of the amounts due from major customers to total trade receivables, net for the periods indicated were as follows:

Major Customers	At Mar 31, 2022		At Dec 31, 2021
A.S. Watson Group - Related Party	36.5	%	39.6	%
Persona	10.1	%	10.3	%
Life Extension	*		22.1	%
Amazon Marketplaces	15.0	%	*

* Represents less than 10%