Segmented information

12 Months Ended

Dec. 31, 2017

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

21. Segmented information:

Revenue is earned through the sale of the Company’s commercialized products. During the year ended December 31, 2017, the sale of AGGRASTAT^® accounted for 84% of total revenue. 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, 2017	Europe			Rest of World			Total
Revenue	$	10,953		$	13,055		$	24,008
Cost of goods sold		2,974			3,802			6,776
Gross margin		7,979			9,253			17,232
Gross margin %		73	%		71	%		72	%

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, 2017, 2016 and 2015, there were two customers that individually accounted for more than 10% of total revenue. In 2017, these customers accounted for 24% and 20% of total revenue (2016 – 20% and 23%; 2015 – 19% and 28%).

Property and equipment by geographic area were as follows:

As at December 31	2017		2016
Europe	$	87	$	116
Rest of World		329		432
	$	416	$	548

Intangible assets by geographic area were as follows:

As at December 31	2017		2016
Europe	$	27,265	$	23,647
Rest of World		541		705
	$	27,806	$	24,352