Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.8.0.1
Segment Information (Tables)
9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables summarize, for the periods indicated, operating results by reportable segment:
 
Cost of goods sold is directly related to product sales only. Revenues derived from co-promote revenue had no cost of goods sold.
 
 
 
Dermatology
 
Pharmaceutical
and
Biotechnology
 
 
 
 
 
 
 
($ in thousands)
 
Products
 
Product
 
 
 
 
 
 
 
Three Months Ended September 30, 2017
 
Sales
 
Development
 
National
 
Consolidated
 
Net Revenue
 
$
2,170
 
$
350
 
$
44,366
 
$
46,886
 
Direct cost of goods
 
 
(505)
 
 
-
 
 
 
 
 
(505)
 
Sales and marketing costs
 
 
(2,786)
 
 
-
 
 
 
 
 
(2,786)
 
Research and development
 
 
 
 
 
(16,190)
 
 
 
 
 
(16,190)
 
General and administrative
 
 
(349)
 
 
(11,969)
 
 
 
 
 
(12,318)
 
National Expenses
 
 
-
 
 
-
 
 
(47,690)
 
 
(47,690)
 
Segment loss from operations
 
$
(1,470)
 
$
(27,809)
 
$
(3,324)
 
$
(32,603)
 
Segment assets
 
$
7,362
 
$
160,038
 
$
77,691
 
$
245,091
 
 
 
 
 
 
 
Pharmaceutical
and
 
 
 
 
 
 
 
 
 
Dermatology
 
Biotechnology
 
 
 
 
 
 
 
($ in thousands)
 
Products
 
Product
 
 
 
 
 
 
 
Three Months Ended September 30, 2016
 
Sales
 
Development
 
National
 
Consolidated
 
Net Revenue
 
$
429
 
$
546
 
$
-
 
$
975
 
Direct cost of goods
 
 
(41)
 
 
-
 
 
-
 
 
(41)
 
Sales and marketing costs
 
 
(1,244)
 
 
-
 
 
-
 
 
(1,244)
 
Research and development
 
 
-
 
 
(8,316)
 
 
-
 
 
(8,316)
 
General and administrative
 
 
(422)
 
 
(7,198)
 
 
-
 
 
(7,620)
 
Segment loss from operations
 
$
(1,278)
 
$
(14,968)
 
$
-
 
$
(16,246)
 
Segment assets
 
$
2,657
 
$
103,225
 
$
39,539
 
$
145,421
 
 
 
 
Dermatology
 
Pharmaceutical
and
Biotechnology
 
 
 
 
 
 
 
($ in thousands)
 
Products
 
Product
 
 
 
 
 
 
 
Nine Months Ended September 30, 2017
 
Sales
 
Development
 
National
 
Consolidated
 
Net Revenue
 
$
8,309
 
$
1,393
 
$
132,563
 
$
142,265
 
Direct cost of goods
 
 
(1,852)
 
 
-
 
 
 
 
 
(1,852)
 
Sales and marketing costs
 
 
(7,663)
 
 
-
 
 
 
 
 
(7,663)
 
Research and development
 
 
 
 
 
(38,077)
 
 
 
 
 
(38,077)
 
General and administrative
 
 
(961)
 
 
(27,866)
 
 
 
 
 
(28,827)
 
National Expenses
 
 
-
 
 
-
 
 
(139,219)
 
 
(139,219)
 
Segment loss from operations
 
$
(2,167)
 
$
(64,550)
 
$
(6,656)
 
$
(73,373)
 
Segment assets
 
$
7,362
 
$
160,038
 
$
77,691
 
$
245,091
 
 
 
 
 
 
 
Pharmaceutical
and
 
 
 
 
 
 
 
 
 
Dermatology
 
Biotechnology
 
 
 
 
 
 
 
($ in thousands)
 
Products
 
Product
 
 
 
 
 
 
 
Nine Months Ended September 30, 2016
 
Sales
 
Development
 
National
 
Consolidated
 
Net Revenue
 
$
1,793
 
$
2,072
 
$
-
 
$
3,865
 
Direct cost of goods
 
 
(365)
 
 
-
 
 
-
 
 
(365)
 
Sales and marketing costs
 
 
(4,212)
 
 
-
 
 
-
 
 
(4,212)
 
Research and development
 
 
-
 
 
(24,559)
 
 
-
 
 
(24,559)
 
General and administrative
 
 
(1,338)
 
 
(19,864)
 
 
-
 
 
(21,202)
 
Segment loss from operations
 
$
(4,122)
 
$
(42,351)
 
$
-
 
$
(46,473)
 
Segment assets
 
$
2,657
 
$
103,225
 
$
39,539
 
$
145,421