Segment Reporting

3 Months Ended

Mar. 31, 2018

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 sole operating segment.

The following table represents the Company’s total revenue by geographic area (based on the location of the customer):

	Three months ended March 31,
	2018			2017
North America		45	%		38	%
Europe		43	%		54	%
Asia and Australia		11	%		8	%
Other		1	%		—
Total		100	%		100	%

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

	Three months ended March 31,
	2018			2017
GE Healthcare		17	%		27	%
MilliporeSigma		14	%		21	%

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

	March 31, 2018			December 31, 2017
GE Healthcare		19	%		11	%
MilliporeSigma		20	%		19	%