JUNIPER PHARMACEUTICALS INC - 10-K filing on 2016-03-10

Segments and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2015

The following tables show selected information by geographic area:

Revenues:


	Year Ended December, 31
	2015		2014		2013
United States	$	7,677	$	10,374	$	5,463
Switzerland		22,410		17,860		21,729
United Kingdom		4,422		2,180		825
Other countries		3,049		2,050		1,949

Subtotal international		29,881		22,090		23,763

Total	$	37,558	$	32,464	$	29,226

Total assets:


	December 31,
	2015		2014
United States	$	16,256	$	18,212
Switzerland		1,570		1,661
United Kingdom		33,335		32,140
Other countries		218		195

Total	$	51,379	$	52,208

Long-lived assets:


	December 31,
	2015		2014
United States	$	765	$	245
Switzerland		49		529
United Kingdom		13,817		12,361
Other countries		2		2

Total	$	14,633	$	13,137

Schedule of Other Information by Segment

The following summarizes other information by segment for the year ended December 31, 2015 (in thousands):


	Product		Service		Total
Revenues
Product revenues	$	22,162	$	—	$	22,162
Service revenues		—		11,651		11,651
Royalties		3,745		—		3,745
Other revenues		—		—		—

Total revenues		25,907		11,651		37,558

Cost of product revenues		13,053		—		13,053
Cost of service revenues		—		8,361		8,361

Total cost of revenues		13,053		8,361		21,414

Gross profit		12,854		3,290		16,144
Total operating expenses						18,655
Total non-operating income						382
(Loss) income before income taxes						(2,129	)

The following summarizes other information by segment for the year ended December 31, 2014 (in thousands):


	Product		Service		Total
Revenues
Product revenues	$	17,381	$	—	$	17,381
Service revenues		—		8,770		8,770
Royalties		6,313		—		6,313
Other revenues		—		—		—

Total revenues		23,694		8,770		32,464

Cost of product revenues		10,470		—		10,470
Cost of service revenues		—		7,219		7,219

Total cost of revenues		10,470		7,219		17,689

Gross profit		13,224		1,551		14,775
Total operating expenses						10,960
Total non-operating income						563
Income before income taxes						4,378

The following summarizes other information by segment for the year ended December 31, 2013 (in thousands):


	Product		Service		Total
Revenues
Product revenues	$	21,336	$	—	$	21,336
Service revenues		—		3,640		3,640
Royalties		3,831		—		3,831
Other revenues		419		—		419

Total revenues		25,586		3,640		29,226

Cost of product revenues		10,903		—		10,903
Cost of service revenues		—		2,347		2,347

Total cost of revenues		10,903		2,347		13,250

Gross profit		14,683		1,293		15,976
Total operating expenses						10,101
Total non-operating income						851
Income before income taxes						6,726

Schedule of Revenue by Customer

The following table presents information about Juniper’s revenues by customer, including product sales, royalty and license revenue and service revenues for each customer accounting for 10% or more of consolidated revenues in any of the three years ended December 31 (in thousands) by segment:

Product


	Year Ended December, 31
	2015			2014			2013
Merck KGaA		86	%		73	%		83	%
Allergan		14			17			15
Lil’ Drug Store		—			10			2

Total		100	%		100	%		100	%