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Segment Data
12 Months Ended
Dec. 31, 2020
Segment Data  
Segment Data

14. Segment Data

The Company has two reportable segments-human health and animal health. The animal health segment is focused on developing and commercializing prescription and non-prescription products for companion and production animals. The human health segment is focused on developing and commercializing of human products and the ongoing commercialization of Mytesi, which is approved by the U.S. FDA for the symptomatic relief of non-infectious diarrhea in adults with HIV/AIDS on antiretroviral therapy.

The Company’s reportable segments sales and net income consisted of:

 

 

 

 

 

 

 

 

 

 

Year Ended

(in thousands)

    

2020

    

2019

Revenue from external customers

 

 

  

 

 

  

Human Health

 

$

9,309

 

$

5,673

Animal Health

 

 

76

 

 

102

Consolidated Totals

 

$

9,385

 

$

5,775

 

 

 

 

 

 

 

Segment net loss

 

 

  

 

 

  

Human Health

 

$

(9,779)

 

$

(19,263)

Animal Health

 

 

(24,030)

 

 

(19,276)

Consolidated Totals

 

$

(33,809)

 

$

(38,539)

 

The Company’s reportable segments assets consisted of the following:

 

 

 

 

 

 

 

 

 

 

December 31,

(in thousands)

    

2020

    

2019

Segment assets

 

 

 

 

  

Human Health

 

$

34,201

 

$

32,432

Animal Health

 

 

79,760

 

 

68,169

Total

 

$

113,961

 

$

100,601

 

The reconciliation of segments assets to the consolidated assets is as follows:

 

 

 

 

 

 

 

 

 

 

December 31,

(in thousands)

    

2020

    

2019

Total assets for reportable segments

 

$

113,961

 

$

100,601

Less: Investment in subsidiary

 

 

(29,241)

 

 

(29,241)

Less: Intercompany loan

 

 

(41,877)

 

 

(34,950)

Consolidated Totals

 

$

42,843

 

$

36,410