Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.19.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2019
Segment Information  
Schedule of continued operations by reportable segment

The following tables summarize, for the periods indicated, operating results, from continued operations by reportable segment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pharmaceutical

 

    

 

 

 

 

 

 

and

 

 

 

 

 

Dermatology

 

Biotechnology

 

 

 

($ in thousands)

 

Products

 

Product

 

 

 

Three Months Ended June 30, 2019

    

Sales

    

Development

    

Consolidated

Net Revenue

 

$

8,199

 

$

1,051

 

$

9,250

Direct cost of goods

 

 

(2,386)

 

 

 —

 

 

(2,386)

Sales and marketing costs

 

 

(4,202)

 

 

 —

 

 

(4,202)

Research and development(1)

 

 

 —

 

 

(18,711)

 

 

(18,711)

General and administrative

 

 

(747)

 

 

(8,494)

 

 

(9,241)

Segment income (loss) from operations

 

$

864

 

$

(26,154)

 

$

(25,290)

Segment assets

 

$

9,313

 

$

217,951

 

$

227,264

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pharmaceutical

 

 

 

 

 

 

 

 

and

 

 

 

 

 

Dermatology

 

Biotechnology

 

 

 

($ in thousands)

 

Products

 

Product

 

 

 

Three Months Ended June 30, 2018

    

Sales

    

Development

    

Consolidated

Net Revenue

 

$

6,689

 

 

126

 

$

6,815

Direct cost of goods

 

 

(1,668)

 

 

 —

 

 

(1,668)

Sales and marketing costs

 

 

(2,910)

 

 

 —

 

 

(2,910)

Research and development(1)

 

 

 —

 

 

(17,489)

 

 

(17,489)

General and administrative

 

 

(383)

 

 

(9,763)

 

 

(10,146)

Segment income (loss) from operations

 

 

1,728

 

 

(27,126)

 

 

(25,398)

Segment assets

 

$

11,307

 

$

159,763

 

$

171,070

Assets held for sale

 

 

 

 

 

 

 

 

65,796

Total consolidated

 

 

 

 

 

 

 

 

236,866

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pharmaceutical

 

    

 

 

 

 

 

 

and

 

 

 

 

 

Dermatology

 

Biotechnology

 

 

 

($ in thousands)

 

Products

 

Product

 

 

 

Six Months Ended June 30, 2019

    

Sales

    

Development

    

Consolidated

Net Revenue

 

$

14,324

 

$

1,403

 

$

15,727

Direct cost of goods

 

 

(4,270)

 

 

 —

 

 

(4,270)

Sales and marketing costs

 

 

(7,695)

 

 

 —

 

 

(7,695)

Research and development(1)

 

 

 —

 

 

(42,434)

 

 

(42,434)

General and administrative

 

 

(1,139)

 

 

(18,087)

 

 

(19,226)

Segment income (loss) from operations

 

$

1,220

 

$

(59,118)

 

$

(57,898)

Segment assets

 

$

9,313

 

$

217,951

 

$

227,264

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pharmaceutical

 

 

 

 

 

 

 

 

and

 

 

 

 

 

Dermatology

 

Biotechnology

 

 

 

($ in thousands)

 

Products

 

Product

 

 

 

Six Months Ended June 30, 2018

    

Sales

    

Development

    

Consolidated

Net Revenue

 

$

12,198

 

$

520

 

$

12,718

Direct cost of goods

 

 

(3,140)

 

 

 —

 

 

(3,140)

Sales and marketing costs

 

 

(5,670)

 

 

 —

 

 

(5,670)

Research and development(1)

 

 

 —

 

 

(42,544)

 

 

(42,544)

General and administrative

 

 

(783)

 

 

(20,151)

 

 

(20,934)

Segment loss from operations

 

$

2,605

 

 

(62,175)

 

$

(59,570)

Segment assets

 

$

11,307

 

 

159,763

 

$

171,070

Assets held for sale

 

 

 

 

 

 

 

 

65,796

Total consolidated

 

 

 

 

 

 

 

 

236,866

 

Note 1: Research and development includes the cost of licenses acquired.