| Schedule of segment reporting information |
The information in the following tables is derived directly from each reportable segment’s financial reporting.
|
Year Ended December 31, 2015
|
|
Diagnostics
|
|
|
Therapeutics
|
|
|
Corporate
|
|
|
Total
|
|
|
Lymphoseek sales revenue:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United States (1)
|
|
$
|
10,229,659
|
|
|
$
|
—
|
|
|
$
|
—
|
|
|
$
|
10,229,659
|
|
|
International
|
|
|
24,693
|
|
|
|
—
|
|
|
|
—
|
|
|
|
24,693
|
|
|
Lymphoseek license revenue
|
|
|
1,133,333
|
|
|
|
—
|
|
|
|
—
|
|
|
|
1,133,333
|
|
|
Grant and other revenue
|
|
|
1,861,622
|
|
|
|
—
|
|
|
|
—
|
|
|
|
1,861,622
|
|
|
Total revenue
|
|
|
13,249,307
|
|
|
|
—
|
|
|
|
—
|
|
|
|
13,249,307
|
|
|
Cost of goods sold, excluding depreciation and amortization
|
|
|
1,654,800
|
|
|
|
—
|
|
|
|
—
|
|
|
|
1,654,800
|
|
|
Research and development expenses,
excluding depreciation and amortization
|
|
|
12,046,221
|
|
|
|
730,895
|
|
|
|
—
|
|
|
|
12,777,116
|
|
|
Selling, general and administrative expenses,
excluding depreciation and amortization (2)
|
|
|
5,852,214
|
|
|
|
123,884
|
|
|
|
10,820,392
|
|
|
|
16,796,490
|
|
|
Depreciation and amortization (3)
|
|
|
281,314
|
|
|
|
—
|
|
|
|
290,105
|
|
|
|
571,419
|
|
|
Loss from operations (4)
|
|
|
(6,585,242
|
)
|
|
|
(854,779
|
)
|
|
|
(11,110,497
|
)
|
|
|
(18,550,518
|
)
|
|
Other income (expense), excluding
equity in the loss of R-NAV, LLC (5)
|
|
|
—
|
|
|
|
—
|
|
|
|
(9,902,424
|
)
|
|
|
(9,902,424
|
)
|
|
Equity in the loss of R-NAV, LLC
|
|
|
—
|
|
|
|
—
|
|
|
|
(305,253
|
)
|
|
|
(305,253
|
)
|
|
Benefit from income taxes
|
|
|
—
|
|
|
|
—
|
|
|
|
436,051
|
|
|
|
436,051
|
|
|
Net loss from continuing operations
|
|
|
(6,585,242
|
)
|
|
|
(854,779
|
)
|
|
|
(20,882,123
|
)
|
|
|
(28,322,144
|
)
|
|
Income from discontinued operations, net of tax effect (6)
|
|
|
—
|
|
|
|
—
|
|
|
|
758,609
|
|
|
|
758,609
|
|
|
Net loss
|
|
|
(6,585,242
|
)
|
|
|
(854,779
|
)
|
|
|
(20,123,514
|
)
|
|
|
(27,563,535
|
)
|
|
Total assets, net of depreciation and amortization:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United States
|
|
|
3,948,971
|
|
|
|
—
|
|
|
|
10,603,863
|
|
|
|
14,552,834
|
|
|
International
|
|
|
410,666
|
|
|
|
—
|
|
|
|
1,013
|
|
|
|
411,679
|
|
|
Capital expenditures
|
|
|
26,589
|
|
|
|
—
|
|
|
|
12,412
|
|
|
|
39,001
|
|
|
|
(1)
|
All sales to Cardinal Health are made in the United States; Cardinal distributes the product throughout the U.S. through its network of nuclear pharmacies.
|
|
|
(2)
|
General and administrative expenses, excluding depreciation and amortization, represent costs that relate to the general administration of the Company and as such are not currently allocated to our individual reportable segments. Marketing and selling expenses are allocated to our individual reportable segments.
|
|
|
(3)
|
Depreciation and amortization is reflected in cost of goods sold ($99,963 for the year ended December 31, 2015), research and development ($10,617 for the year ended December 31, 2015), and selling, general and administrative expenses ($460,839 for the year ended December 31, 2015).
|
|
|
(4)
|
Loss from operations does not reflect the allocation of certain selling, general and administrative expenses, excluding depreciation and amortization, to our individual reportable segments.
|
|
|
(5)
|
Amounts consist primarily of interest income, interest expense, changes in fair value of financial instruments, and losses on debt extinguishment, which are not currently allocated to our individual reportable segments.
|
|
|
(6)
|
Amount of contingent consideration recognized related to 2015 GDS Business revenue royalties pursuant to the 2011 sale of the GDS Business to Devicor, net of tax effect. See Note 1(a).
|
|