Segmented information

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

20. Segmented information:

Revenue is earned through the sale of the Company’s commercialized products. During the years ended December 31, 2016 and 2015, the sale of AGGRASTAT^® accounted for more than 90% of total revenue.

The Company recognizes segmentation based on geography as follows:

Year ended December 31, 2016	Europe			Rest of World			Total
Revenue	$	10,931		$	14,325		$	25,256
Cost of goods sold		2,585			3,725			6,310
Gross margin		8,346			10,600			18,946
Gross margin %		76	%		74	%		75	%

Year ended December 31, 2015	Europe			Rest of World			Total
Revenue	$	10,572		$	10,338		$	20,910
Cost of goods sold		3,191			3,396			6,587
Gross margin		7,381			6,942			14,323
Gross margin %		70	%		67	%		68	%

During the years ended December 31, 2016 and 2015, there were two customers that individually accounted for more than 10% of total revenue. In 2016, these customers accounted for 23% and 20% of total revenue (2015 – 28% and 19%).

Property and equipment by geographic area were as follows:

As at December 31	2016		2015
Europe	$	116	$	95
Rest of World		432		645
	$	548	$	740