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Company Operations by Product, Customer and Geographic Area
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Company Operations by Product, Customer and Geographic Area
Company Operations by Product, Customer and Geographic Area 
We have determined that we operate in one segment, the development and commercialization of pharmaceutical products, including controlled-release therapeutic products based on our proprietary polymer based technology. The Company’s Chief Operating Decision Maker is the CEO. The CEO reviews profit and loss information on a consolidated basis to assess performance and make overall operating decisions as well as resource allocations. All products are included in one segment because the Company’s products have similar economic and other characteristics, including the nature of the products and production processes, type of customers, distribution methods and regulatory environment. 
The following table presents a summary of total revenues by these products for the twelve months ended December 31, 2019, 2018, and 2017

 Revenue by Product:
 
2019
 
2018
 
2017
 
 
 
 
 
 
 
Bloxiverz
 
$
7,479

 
$
20,850

 
$
45,596

Vazculep
 
33,152

 
42,916

 
38,187

Akovaz
 
18,642

 
33,759

 
80,617

Other
 
(58
)
 
3,898

 
8,441

Product sales
 
59,215

 
101,423

 
172,841

License revenue
 

 
1,846

 
404

Total revenues
 
$
59,215

 
$
103,269

 
$
173,245

 

Concentration of credit risk with respect to accounts receivable is limited due to the high credit quality comprising a significant portion of the Company’s customers. Management periodically monitors the creditworthiness of our customers and believes that we have adequately provided for any exposure to potential credit loss.

The following table presents a summary of total revenues by significant customer for the twelve months ended December 31, 2019, 2018, and 2017
Revenue by Significant Customer:
 
2019
 
2018
 
2017
 
 
 
 
 
 
 
Cardinal Health
 
$
15,088

 
$
25,413

 
$
37,965

McKesson Corporation
 
14,900

 
26,794

 
44,762

AmerisourceBergen
 
12,059

 
18,620

 
25,691

Others
 
17,168

 
30,596

 
64,423

Product sales
 
59,215

 
101,423

 
172,841

License revenue
 

 
1,846

 
404

Total revenues
 
$
59,215

 
$
103,269

 
$
173,245


In 2017, 31% of product sales was sold to PharMedium. In 2018 and 2019, product sales to PharMedium was less than 10%.
As of December 31, 2019, the Company had three customers, each of which are substantial wholesale distributors, and accounted for 10% or more of the accounts receivable balance. One customer accounted for 40%, or $3,346, a second customer accounted for 29% or $2,416, and a third customer accounted for 11% or $949. As of December 31, 2019, the Company had no significant past due account receivable balances.
The following table summarizes revenues by geographic region for the twelve months ended December 31, 2019, 2018, and 2017:
Revenue by Geographic Region:
 
2019
 
2018
 
2017
 
 
 

 
 

 
 

U.S.
 
$
59,215

 
$
101,423

 
$
172,841

Ireland
 

 
1,846

 
404

Total revenues
 
$
59,215

 
$
103,269

 
$
173,245


Currently, we depend on a single contract manufacturing organization for the manufacture of Bloxiverz and Vazculep and two contract manufacturing organizations for the manufacture of Akovaz, from which we derive a majority of our revenues. Additionally, we purchase certain raw materials used in our products from a limited number of suppliers, including a single supplier for certain key ingredients.

Non-monetary long-lived assets primarily consist of property and equipment, goodwill and intangible assets. The following table summarizes non-monetary long-lived assets by geographic region as of December 31, 2019, 2018, and 2017:
Long-lived Assets by Geographic Region:
 
2019
 
2018
 
2017
 
 
 

 
 

 
 

U.S.
 
$
22,254

 
$
27,761

 
$
116,536

France
 
196

 
1,365

 
2,257

Ireland
 
7,244

 
6,028

 
1,360

Total
 
$
29,694

 
$
35,154

 
$
120,153