Annual report pursuant to Section 13 and 15(d)

Segment Disclosures

v3.19.3.a.u2
Segment Disclosures
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Segment Disclosures
Segment Disclosures

The Company has two reportable segments: EksoHealth and EksoWorks. 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 difficult repetitive work for extended periods.

The Company evaluates performance and allocates resources based on segment gross profit margin. The reportable segments are each managed separately because they serve distinct markets. 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
 
Total
Year ended December 31, 2019
 
 
 
 
 
Revenue
$
11,957

 
$
1,960

 
$
13,917

Cost of revenue
5,404

 
1,749

 
7,153

Gross profit
$
6,553

 
$
211

 
$
6,764

 
 
 
 
 
 
Year ended December 31, 2018
 
 
 
 
 
Revenue
$
8,854

 
$
2,478

 
$
11,332

Cost of revenue
4,968

 
2,055

 
7,023

Gross profit
$
3,886

 
$
423

 
$
4,309



Revenues from one customer of the Company’s EksoHealth segment represents approximately $2,138 of the Company’s consolidated revenues.

Geographic revenue information based on location of customer is as follows:
 
Years Ended December 31
 
2019
 
2018
United States
$
9,071

 
$
7,028

All Other
4,846

 
4,304

 
$
13,917

 
$
11,332