Quarterly report pursuant to Section 13 or 15(d)

Segment Disclosures

v3.21.2
Segment Disclosures
 6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Disclosures Segment Disclosures
 
The Company has two reportable segments: EksoHealth and EksoWorks. The EksoHealth segment designs, engineers, manufactures, and markets exoskeletons for applications in the medical markets. The EksoWorks segment designs, engineers, manufactures, and markets exoskeleton devices to allow able-bodied users to perform difficult repetitive 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 Total
Three months ended June 30, 2021      
Revenue $ 1,862  $ 349  $ 2,211 
Cost of revenue 740  179  919 
Gross profit $ 1,122  $ 170  $ 1,292 
Three months ended June 30, 2020      
Revenue $ 2,086  $ 178  $ 2,264 
Cost of revenue 860  145  1,005 
Gross profit $ 1,226  $ 33  $ 1,259 

  EksoHealth EksoWorks Total
Six months ended June 30, 2021      
Revenue $ 3,589  $ 532  $ 4,121 
Cost of revenue 1,282  312  1,594 
Gross profit $ 2,307  $ 220  $ 2,527 
Six months ended June 30, 2020      
Revenue $ 3,276  $ 455  $ 3,731 
Cost of revenue 1,477  358  1,835 
Gross profit $ 1,799  $ 97  $ 1,896 

Geographically, the regions the Company operates in are the Americas, Europe, the Middle East, and Africa (EMEA), and Asia Pacific (APAC). Geographic information for revenue based on location of customers is as follows:
  Three Months Ended June 30, Six Months Ended June 30,
  2021 2020 2021 2020
United States $ 1,154 $ 1,673 $ 2,135 $ 2,888
Other 44  42  82  39 
Americas 1,198  1,715  2,217  2,927 
Germany 95  246  532  379 
Belgium 296  —  305  — 
Other 548  59  725  106 
EMEA 939  305  1,562  485 
APAC 74  244  342  319 
  $ 2,211  $ 2,264  $ 4,121  $ 3,731