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Segment Reporting
 6 Months Ended
Jun. 30, 2016
Segment Reporting

16. Segment Reporting

The Company views its operations, makes decisions regarding how to allocate resources and manages its business as one operating segment. As a result, the financial information disclosed herein represents all of the material financial information related to the Company’s principal operating segment.

The following table represents the Company’s total revenue by geographic area (based on the location of the customer):

 

     Three months ended
June 30,		     Six months ended
June 30,		  
     2016     2015     2016     2015  

United States

      45 %      21 %      37 %      25 % 

Sweden

      29 %      51 %      31 %      44 % 

United Kingdom

      6 %      17 %      10 %      18 % 

Other

      20 %      11 %      22 %      13 % 
  

 

 

    

 

 

    

 

 

    

 

 

  

Total

      100 %      100 %      100 %      100 % 
  

 

 

    

 

 

    

 

 

    

 

 

  

Revenue from significant customers as a percentage of the Company’s total revenue is as follows:

 

     Three months ended
June 30,		     Six months ended
June 30,		  
     2016     2015     2016     2015  

GE Healthcare

      28 %      51 %      31 %      44 % 

MilliporeSigma

      30 %      25 %      30 %      31 % 

Significant accounts receivable balances as a percentage of the Company’s total trade accounts receivable are as follows:

 

     June 30,
2016		     December 31,
2015		  

GE Healthcare

      49 %      13 % 

MilliporeSigma

      13 %      32 % 

Bioprocessing Customer C

      3 %      21 %