Schedule of Segment Reporting Information |
The
table below presents certain financial information of our operating segments for the three and six months ended June 30, 2019
and 2018 (in thousands).
Segment
Reporting for the Quarter Ended June 30, 2019 |
|
|
Treatment |
|
|
Services |
|
|
Medical |
|
|
Segments
Total |
|
|
Corporate(1) |
|
|
Consolidated
Total |
|
Revenue
from external customers |
|
$ |
10,094 |
|
|
$ |
7,041 |
|
|
|
— |
|
|
$ |
17,135 |
|
|
$ |
— |
|
|
$ |
17,135 |
|
Intercompany
revenues |
|
|
7 |
|
|
|
42 |
|
|
|
— |
|
|
|
49 |
|
|
|
— |
|
|
|
— |
|
Gross
profit |
|
|
2,627 |
|
|
|
644 |
|
|
|
— |
|
|
|
3,271 |
|
|
|
— |
|
|
|
3,271 |
|
Research
and development |
|
|
136 |
|
|
|
— |
|
|
|
80 |
|
|
|
216 |
|
|
|
7 |
|
|
|
223 |
|
Interest
income |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
107 |
|
|
|
107 |
|
Interest
expense |
|
|
(30 |
) |
|
|
(4 |
) |
|
|
— |
|
|
|
(34 |
) |
|
|
(73 |
) |
|
|
(107 |
) |
Interest
expense-financing fees |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(60 |
) |
|
|
(60 |
) |
Depreciation
and amortization |
|
|
233 |
|
|
|
79 |
|
|
|
— |
|
|
|
312 |
|
|
|
5 |
|
|
|
317 |
|
Segment
income (loss) before income taxes |
|
|
1,611 |
|
|
|
137 |
|
|
|
(80 |
) |
|
|
1,668 |
|
|
|
(1,289 |
) |
|
|
379 |
|
Income
tax expense |
|
|
6 |
|
|
|
— |
|
|
|
— |
|
|
|
6 |
|
|
|
— |
|
|
|
6 |
|
Segment
income (loss) |
|
|
1,605 |
|
|
|
137 |
|
|
|
(80 |
) |
|
|
1,662 |
|
|
|
(1,289 |
) |
|
|
373 |
|
Expenditures
for segment assets |
|
|
73 |
|
|
|
15 |
|
|
|
— |
|
|
|
88 |
|
|
|
— |
|
|
|
88 |
|
Segment
Reporting for the Quarter Ended June 30, 2018 |
|
|
Treatment |
|
|
Services |
|
|
Medical |
|
|
Segments
Total |
|
|
Corporate(1) |
|
|
Consolidated
Total |
|
Revenue
from external customers |
|
$ |
9,146 |
|
|
$ |
4,014 |
|
|
|
— |
|
|
$ |
13,160 |
|
|
$ |
—
|
|
|
$ |
13,160 |
|
Intercompany
revenues |
|
|
77 |
|
|
|
26 |
|
|
|
— |
|
|
|
103 |
|
|
|
— |
|
|
|
— |
|
Gross
profit |
|
|
1,523 |
|
|
|
520 |
|
|
|
— |
|
|
|
2,043 |
|
|
|
— |
|
|
|
2,043 |
|
Research
and development |
|
|
115 |
|
|
|
— |
|
|
|
71 |
|
|
|
186 |
|
|
|
33 |
|
|
|
219 |
|
Interest
income |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
81 |
|
|
|
81 |
|
Interest
expense |
|
|
(8 |
) |
|
|
— |
|
|
|
— |
|
|
|
(8 |
) |
|
|
(54 |
) |
|
|
(62 |
) |
Interest
expense-financing fees |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(9 |
) |
|
|
(9 |
) |
Depreciation
and amortization |
|
|
227 |
|
|
|
123 |
|
|
|
— |
|
|
|
350 |
|
|
|
9 |
|
|
|
359 |
|
Segment
income (loss) before income taxes |
|
|
2,028 |
(2) |
|
|
116 |
|
|
|
(71 |
) |
|
|
2,073 |
|
|
|
(1,266 |
) |
|
|
807 |
|
Income
tax expense |
|
|
14 |
|
|
|
— |
|
|
|
— |
|
|
|
14 |
|
|
|
5 |
|
|
|
19 |
|
Segment
income (loss) |
|
|
2,014 |
|
|
|
116 |
|
|
|
(71 |
) |
|
|
2,059 |
|
|
|
(1,271 |
) |
|
|
788 |
|
Expenditures
for segment assets |
|
|
271 |
|
|
|
35 |
|
|
|
— |
|
|
|
306 |
|
|
|
— |
|
|
|
306 |
|
Segment
Reporting for the Six Months Ended June 30, 2019 |
|
|
Treatment |
|
|
Services |
|
|
Medical |
|
|
Segments
Total |
|
|
Corporate(1) |
|
|
Consolidated
Total |
|
Revenue
from external customers |
|
$ |
19,999 |
|
|
$ |
8,844 |
|
|
|
— |
|
|
$ |
28,843 |
|
|
$ |
— |
|
|
$ |
28,843 |
|
Intercompany
revenues |
|
|
9 |
|
|
|
63 |
|
|
|
— |
|
|
|
72 |
|
|
|
— |
|
|
|
— |
|
Gross
profit |
|
|
5,584 |
|
|
|
188 |
|
|
|
— |
|
|
|
5,772 |
|
|
|
— |
|
|
|
5,772 |
|
Research
and development |
|
|
283 |
|
|
|
— |
|
|
|
154 |
|
|
|
437 |
|
|
|
13 |
|
|
|
450 |
|
Interest
income |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
188 |
|
|
|
188 |
|
Interest
expense |
|
|
(47 |
) |
|
|
(13 |
) |
|
|
— |
|
|
|
(60 |
) |
|
|
(134 |
) |
|
|
(194 |
) |
Interest
expense-financing fees |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(70 |
) |
|
|
(70 |
) |
Depreciation
and amortization |
|
|
470 |
|
|
|
157 |
|
|
|
— |
|
|
|
627 |
|
|
|
14 |
|
|
|
641 |
|
Segment
income (loss) before income taxes |
|
|
3,487 |
|
|
|
(875 |
) |
|
|
(154 |
) |
|
|
2,458 |
|
|
|
(2,590 |
) |
|
|
(132 |
) |
Income
tax expense |
|
|
45 |
|
|
|
— |
|
|
|
— |
|
|
|
45 |
|
|
|
— |
|
|
|
45 |
|
Segment
income (loss) |
|
|
3,442 |
|
|
|
(875 |
) |
|
|
(154 |
) |
|
|
2,413 |
|
|
|
(2,590 |
) |
|
|
(177 |
) |
Expenditures
for segment assets |
|
|
294 |
|
|
|
18 |
|
|
|
— |
|
|
|
312 |
|
|
|
— |
|
|
|
312 |
|
Segment
Reporting for the Six Months Ended June 30, 2018 |
|
|
Treatment |
|
|
Services |
|
|
Medical |
|
|
Segments
Total |
|
|
Corporate(1) |
|
|
Consolidated
Total |
|
Revenue
from external customers |
|
$ |
18,105 |
|
|
$ |
7,712 |
|
|
|
— |
|
|
$ |
25,817 |
|
|
$ |
— |
|
|
$ |
25,817 |
|
Intercompany
revenues |
|
|
289 |
|
|
|
39 |
|
|
|
— |
|
|
|
328 |
|
|
|
— |
|
|
|
— |
|
Gross
profit |
|
|
4,303 |
|
|
|
1,060 |
|
|
|
— |
|
|
|
5,363 |
|
|
|
— |
|
|
|
5,363 |
|
Research
and development |
|
|
228 |
|
|
|
— |
|
|
|
172 |
|
|
|
400 |
|
|
|
51 |
|
|
|
451 |
|
Interest
income |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
130 |
|
|
|
130 |
|
Interest
expense |
|
|
(8 |
) |
|
|
(1 |
) |
|
|
— |
|
|
|
(9 |
) |
|
|
(106 |
) |
|
|
(115 |
) |
Interest
expense-financing fees |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(18 |
) |
|
|
(18 |
) |
Depreciation
and amortization |
|
|
467 |
|
|
|
246 |
|
|
|
— |
|
|
|
713 |
|
|
|
18 |
|
|
|
731 |
|
Segment
income (loss) before income taxes |
|
|
3,772 |
(2) |
|
|
31 |
|
|
|
(172 |
) |
|
|
3,631 |
|
|
|
(2,521 |
) |
|
|
1,110 |
|
Income
tax expense |
|
|
65 |
|
|
|
— |
|
|
|
— |
|
|
|
65 |
|
|
|
5 |
|
|
|
70 |
|
Segment
income (loss) |
|
|
3,707 |
|
|
|
31 |
|
|
|
(172 |
) |
|
|
3,566 |
|
|
|
(2,526 |
) |
|
|
1,040 |
|
Expenditures
for segment assets |
|
|
106 |
|
|
|
10 |
|
|
|
— |
|
|
|
116 |
|
|
|
— |
|
|
|
116 |
|
(1)
Amounts reflect the activity for corporate headquarters not included in the segment information.
(2)
Amounts included a net gain of $1,596,000 recorded resulting from the exchange offer of the Series B Preferred Stock of
our M&EC subsidiary which was consummated on May 30, 2018.
|