Business Segments

9 Months Ended

Sep. 26, 2020

Segment Reporting [Abstract]

Business Segments

11. Business Segments

The Company operates in one segment, ophthalmology. The Company develops, manufactures and markets medical devices. Our revenues arise from the sale of consoles, delivery devices, consumables, service, and support activities.

Revenue information shown by product group is as follows:

	Three Months Ended				Nine Months Ended
(in thousands)	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
Cyclo G6	$	2,776	$	2,962	$	7,812	$	9,419
Retina		4,429		5,788		11,171		16,635
Other(1)		1,598		1,914		5,060		5,631
Total revenues	$	8,803	$	10,664	$	24,043	$	31,685
(1) Includes service contract revenues of $302 and $437 and $929 and $1,041 recognized during the three and nine months ended September 26, 2020 and September 28, 2019, respectively. Other also includes revenues from paid service, royalty, freight and legacy G probes.

Revenue information shown by geographic region, based on the sales destination, is as follows:

	Three Months Ended				Nine Months Ended
(in thousands)	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
United States	$	5,269	$	5,833	$	12,881	$	16,362
Europe		1,913		2,112		5,316		7,176
Rest of Americas		599		735		1,221		2,107
Asia/Pacific Rim		1,022		1,984		4,625		6,040
Total revenues	$	8,803	$	10,664	$	24,043	$	31,685

Revenues are attributed to countries based on the location of end customers.

Other than the United States, no individual country accounted for more than 10% of the Company’s revenues during the three and nine months ended September 26, 2020.   Other than the United States, no individual country accounted for more than 10% of the Company’s revenues during the three and nine months ended September 28, 2019. The United States accounted for 59.9% and 54.7% of revenues for the three months ended September 26, 2020 and September 28, 2019, respectively. International sales accounted for 40.1% and 45.3% of revenues for the three months ended September 26, 2020 and September 28, 2019, respectively. For the nine months ended September 26, 2020 and September 28, 2019, the United States accounted for 53.6% and 51.6% of revenues, respectively. For the nine months ended September 26, 2020 and September 28, 2019, international sales accounted for 46.4% and 48.4% of revenues, respectively.