XML 69 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
Operating Results and Reconciliation of Segment Profit to Loss from Operations

Operating results for each segment and a reconciliation of segment profit to loss from operations are as follows (in thousands):

 

     Three Months Ended
June  30,
    Six Months Ended
June 30,
 
     2013     2012     2013     2012  

Product revenue:

        

Instruments

   $ 2,320     $ 2,579     $ 3,959     $ 4,079  

Consumables

     4,305       3,054       8,004       5,757  

Service revenue

     390       310       728       609  
  

 

 

   

 

 

   

 

 

   

 

 

 

Total life sciences segment

     7,015       5,943       12,691       10,445  
  

 

 

   

 

 

   

 

 

   

 

 

 

Diagnostics segment

        

Instruments

     203       —         203       —    
  

 

 

   

 

 

   

 

 

   

 

 

 

Total diagnostics segment

     203       —         203       —    
  

 

 

   

 

 

   

 

 

   

 

 

 

Total revenue

     7,218       5,943       12,894       10,445  
  

 

 

   

 

 

   

 

 

   

 

 

 

Selling, general, and administrative expenses:

        

Life sciences segment

     2,642       1,759       4,845       3,274  

Diagnostics segment

     1,240       176       2,680       517  
  

 

 

   

 

 

   

 

 

   

 

 

 

Life sciences segment profit

     4,373       4,184       7,846       7,171  

Diagnostics segment loss

     (1,037     (176     (2,477     (517
  

 

 

   

 

 

   

 

 

   

 

 

 

Total segment profit

     3,336       4,008       5,369       6,654  
  

 

 

   

 

 

   

 

 

   

 

 

 

Adjustments:

        

Cost of revenue

     (3,522     (3,334     (6,404     (5,990

Research and development expenses

     (3,626     (2,971     (6,685     (5,168

Unallocated selling, general and administrative expenses

     (2,826     (1,316     (5,309     (2,627
  

 

 

   

 

 

   

 

 

   

 

 

 

Loss from operations

   $ (6,638   $ (3,613   $ (13,029   $ (7,131
  

 

 

   

 

 

   

 

 

   

 

 

 
Classification of Revenue by Geography

The following table is based on the geographic location of distributors or end users who purchased products and services. For sales to distributors, their geographic location may be different from the geographic locations of the ultimate end user. Revenue by geography was as follows (in thousands):

 

     Three Months Ended      Six Months Ended  
     June 30,      June 30,  
     2013      2012      2013      2012  

North America

   $ 5,218      $ 3,898       $ 9,695      $ 7,060   

Europe & Middle East

     1,494        1,006         2,110        1,998   

Asia Pacific

     506        1,039         1,089        1,387   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total revenue

   $ 7,218      $ 5,943       $ 12,894      $ 10,445