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Segment Information
3 Months Ended
Mar. 31, 2019
Segment Information  
Segment Information

12. Segment Information

Prior to the merger with Napo, the Company managed its operations as a single segment for the purposes of assessing performance and making operating decisions. The Company reorganized its segments to reflect the change in the organizational structure resulting from the merger with Napo. Post-merger, the Company manages its operations through two reportable segments—human health and animal health. The human health segment is focused on developing and commercializing human products and the ongoing commercialization of Mytesi™, which is approved by the U.S. FDA for the symptomatic relief of noninfectious diarrhea in adults with HIV/AIDS on antiretroviral therapy. The animal health segment is focused on developing and commercializing prescription and non-prescription products for companion and production animals.

 

The Company's reportable segments net revenues and net loss consisted of:

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

    

2019

    

2018

    

 

 

 

(unaudited)

 

Revenue from external customers

 

 

  

 

 

  

 

Human Health

 

$

1,543,121

 

$

583,269

 

Animal Health

 

 

46,612

 

 

43,698

 

Consolidated Totals

 

$

1,589,733

 

$

626,967

 

 

 

 

 

 

 

 

 

Segment profit (loss)

 

 

  

 

 

  

 

Human Health

 

$

(5,511,092)

 

$

(2,899,306)

 

Animal Health

 

 

(2,792,779)

 

 

(2,797,331)

 

Consolidated Totals

 

$

(8,303,871)

 

$

(5,696,637)