Segment, Customer and Geographic Information
12 Months Ended
Dec. 31, 2015
Segment, Customer and Geographic Information  
Segment, Customer and Geographic Information

 

12 — Segment, Customer and Geographic Information

 

We operate in one reportable segment which is the development, manufacture and sale of MRI compatible products and IV infusion pump systems for use by hospitals and acute care facilities during MRI procedures.

 

In the U.S., we sell our products through our direct sales force and outside of the U.S. we sell our products through distributors who resell our products to end users.

 

Revenue information by geographic region is as follows:

 

 

 

Years Ended December 31,

 

 

 

2015

 

2014

 

United States

 

$

28,854,911 

 

$

11,357,705 

 

International

 

2,738,809 

 

4,295,352 

 

 

 

 

 

 

 

 

 

$

31,593,720 

 

$

15,653,057 

 

 

 

 

 

 

 

 

 

 

Revenue information by type is as follows:

 

 

 

Years Ended December 31,

 

 

 

2015

 

2014

 

Devices

 

$

26,353,235 

 

$

12,812,446 

 

Disposable IV Sets and Services

 

5,240,485 

 

2,840,611 

 

 

 

 

 

 

 

 

 

$

31,593,720 

 

$

15,653,057 

 

 

 

 

 

 

 

 

 

 

Property and equipment, net information by geographic region is as follows:

 

 

 

Years Ended December 31,

 

 

 

2015

 

2014

 

United States

 

$

837,728 

 

$

728,556 

 

International

 

67,894 

 

66,279 

 

 

 

 

 

 

 

 

 

$

905,622 

 

$

794,835 

 

 

 

 

 

 

 

 

 

 

Long-lived assets held outside of the United States consist principally of tooling, which is a component of property and equipment, net.