Segment Reporting

9 Months Ended

Sep. 30, 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 September 30,						Nine Months Ended September 30,
	2018			2017			2018			2017
North America		49	%		45	%		47	%		40	%
Europe		39	%		45	%		41	%		50	%
Asia and Australia		12	%		10	%		12	%		10	%
Other		0	%		0	%		0	%		0	%
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,
	2018			2017			2018			2017
MilliporeSigma		18	%		14	%		17	%		18	%
GE Healthcare		16	%		17	%		16	%		24	%

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

	September 30, 2018			December 31, 2017
GE Healthcare		21	%		11	%
MilliporeSigma		14	%		19	%