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Segment Information
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
SEGMENT INFORMATION

9. SEGMENT INFORMATION

 

The Company has determined that it operates in two segments, the sapphire and pharmacy businesses.

 

Revenue is attributed by geographic region based on ship-to location of the Company's customers. The following table summarizes revenue by geographic region:

 

   Three months ended
September 30,
   Nine months ended
September 30,
 
   2020   2019   2020   2019 
   (in thousands)   (in thousands) 
                 
North America  $1,014   $561   $3,188   $2,120 
Asia   91    14    359    134 
Other   13    8    21    18 
Total revenue  $1,118   $583   $3,568   $2,272 

 

The following table summarizes sales by product type:

 

   Three months ended
September 30,
   Nine months ended
September 30,
 
   2020   2019   2020   2019 
   (in thousands)   (in thousands) 
             
Optical  $892   $520   $3.009   $2,178 
Direct Dose Rx   226    63    559    94 
Total revenue  $1,118   $583   $3,568   $2,272 

  

The following table summarizes assets by geographic region:

 

   As of September 30,   As of December 31, 
   2020   2019 
   (in thousands) 
     
North America  $30,381   $29,703 
Asia   710    5,094 
Other       4 
Total assets  $31,091   $34,801 

  

Direct Dose Rx accounted for a loss of approximately $92,000 and $192,000 for the three months ended September 30, 2020 and 2019, respectively, and approximately $287,000 and $277,000 for the nine months ended September 30, 2020 and 2019, respectively. The Company established Direct Dose Rx in May 2019.

 

Direct Dose Rx assets are currently not material to the consolidated financial information of the Company and therefore there is limited disclosure relating specifically to them.