| 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.
|