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Discontinued Operations
9 Months Ended
Sep. 30, 2013
Discontinued Operations And Disposal Groups [Abstract]  
Discontinued Operations

Note 6—Discontinued Operations

On August 31, 2012, the Company sold all of the shares of common stock of Agera held by the Company, which represented 57% of the outstanding common stock of Agera to Rohto Pharmaceutical Co., Ltd. for approximately $1.0 million. Accordingly, all operating results from continuing operations exclude the results for Agera which are presented as discontinued operations for all prior year numbers.

The financial results of Agera are classified as discontinued operations in the accompanying Consolidated Statement of Operations. Summary financial information related to discontinued operations is as follows:

 

     For the three
months ended

September 30, 2012
     For the nine
months ended
September 30, 2012
 

Product sales

   $ 142       $ 516   

Cost of sales

     65         275   
  

 

 

    

 

 

 

Gross profit

     77         241   

Operating income

   $ 20       $ 27   

Net income (loss)

   $ 11       $ (2

 

In addition, there are other minimal costs from the Company’s Switzerland subsidiary which are classified as discontinued operations.