Quarterly report pursuant to Section 13 or 15(d)

Segment Disclosures

v3.19.2
Segment Disclosures
 6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Segment Disclosures
Segment Disclosures
 
The Company has two reportable segments: EksoHealth (also referred to as the medical devices segment) and EksoWorks (also referred to as the industrial devices segment). The EksoHealth segment designs, engineers, manufactures, and sells exoskeletons for applications in the medical markets. The EksoWorks segment designs, engineers, manufactures, and sells exoskeleton devices to allow able-bodied users to perform heavy duty work for extended periods. The reportable segments are each managed separately because they serve distinct markets.
 
The Company evaluates performance and allocates resources based on segment gross profit margin. The Company does not consider net assets as a segment measure and, accordingly, assets are not allocated.
 
Segment reporting information is as follows:
 
EksoHealth
 
EksoWorks
 
Other
 
Total
Three months ended June 30, 2019
 

 
 

 
 
 
 

Revenue
$
2,840

 
$
414

 
$
8

 
$
3,262

Cost of revenue
1,327

 
368

 
7

 
1,702

Gross profit
$
1,513

 
$
46

 
$
1

 
$
1,560

 
 
 
 
 
 
 
 
Three months ended June 30, 2018
 

 
 

 
 
 
 

Revenue
$
2,399

 
$
557

 
$
11

 
$
2,967

Cost of revenue
1,486

 
500

 
14

 
2,000

Gross profit
$
913

 
$
57

 
$
(3
)
 
$
967


 
EksoHealth
 
EksoWorks
 
Other
 
Total
Six Months Ended June 30, 2019
 

 
 

 
 
 
 

Revenue
$
5,654

 
$
1,216

 
$
8

 
$
6,878

Cost of revenue
2,627

 
1,085

 
7

 
3,719

Gross profit
$
3,027

 
$
131

 
$
1

 
$
3,159

 
 
 
 
 
 
 
 
Six Months Ended June 30, 2018
 

 
 

 
 
 
 

Revenue
$
4,521

 
$
954

 
$
11

 
$
5,486

Cost of revenue
2,872

 
864

 
14

 
3,750

Gross profit
$
1,649

 
$
90

 
$
(3
)
 
$
1,736



Geographic information for revenue based on location of customers is as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
United States
$
2,357

 
$
1,777

 
$
4,728

 
$
3,131

All Other
905

 
1,190

 
2,150

 
2,355

 
$
3,262

 
$
2,967

 
$
6,878

 
$
5,486