| Segment and Geographic Information |
The Company operates
a single segment business for product revenues, which consists of three geographical sales territories as follows:
| |
|
Three Months Ended June
30, |
|
| Product related revenues |
|
2015 |
|
|
2014 |
|
| United States |
|
$ |
787,000 |
|
|
$ |
355,000 |
|
| Latin America |
|
|
1,558,000 |
|
|
|
1,093,000 |
|
| Europe and Rest of the World |
|
|
571,000 |
|
|
|
673,000 |
|
| |
|
|
2,916,000 |
|
|
|
2,121,000 |
|
| Product license fees and royalties |
|
|
447,000 |
|
|
|
1,049,000 |
|
| Total product related revenues |
|
$ |
3,363,000 |
|
|
$ |
3,170,000 |
|
The following
table shows the Company’s product license fees and royalties revenues by partner:
| |
|
Three Months Ended June
30, |
|
| Product license fees and
royalties |
|
2015 |
|
|
2014 |
|
| Exeltis (formerly Quinnova) |
|
$ |
54,000 |
|
|
$ |
146,000 |
|
| Innovacyn |
|
|
20,000 |
|
|
|
528,000 |
|
| Laboratorios Sanfer (formerly More
Pharma) |
|
|
373,000 |
|
|
|
375,000 |
|
| Total product license fees and royalties |
|
$ |
447,000 |
|
|
$ |
1,049,000 |
|
|