Segment Reporting

9 Months Ended

Sep. 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 September 30,						Nine months ended September 30,
	2016			2015			2016			2015
United States		45	%		38	%		40	%		29	%
Sweden		23	%		27	%		29	%		39	%
United Kingdom		2	%		18	%		8	%		18	%
Other		30	%		17	%		23	%		14	%
Total		100	%		100	%		100	%		100	%

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

	Three months ended September 30,						Nine months ended September 30,
	2016			2015			2016			2015
GE Healthcare		23	%		26	%		29	%		38	%
MilliporeSigma		28	%		38	%		30	%		32	%

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

	September 30, 2016			December 31, 2015
GE Healthcare		29	%		13	%
MilliporeSigma		29	%		32	%
Bioprocessing Customer C		6	%		21	%