XML 21 R11.htm IDEA: XBRL DOCUMENT v3.22.1
Revenue Recognition
6 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Recognition
4.
Revenue Recognition
Revenue Disaggregation
The following tables present our net revenues disaggregated by major geographic region, major product platform and disease state (Diagnostics segment only):
Net Revenues by Reportable Segment & Geographic Region
 
 
  
Three Months Ended March 31,
 
 
Six Months Ended March 31,
 
 
  
2022
 
  
2021
 
  
Inc (Dec)
 
 
2022
 
  
2021
 
  
Inc (Dec)
 
Diagnostics-
  
  
  
 
  
  
Americas
   $ 33,551      $ 25,290        33   $ 60,164      $ 48,824        23
EMEA
     7,113        6,071        17     13,206        12,101        9
ROW
     439        588        (25 )%      937        1,345        (30
)
%
    
 
 
    
 
 
    
 
 
   
 
 
    
 
 
    
 
 
 
Total Diagnostics
     41,103        31,949        29     74,307        62,270        19
Life Science-
  
     
  
     
  
     
 
     
  
     
  
     
Americas
     10,377        13,550        (23 )%      18,514        32,296        (43
)
%
EMEA
     33,246        21,773        53     61,894        54,066        14
ROW
     26,505        17,992        47     44,857        29,549        52
    
 
 
    
 
 
    
 
 
   
 
 
    
 
 
    
 
 
 
Total Life Science
     70,128        53,315        32     125,265        115,911        8
    
 
 
    
 
 
    
 
 
   
 
 
    
 
 
    
 
 
 
Consolidated
   $ 111,231      $ 85,264        30   $ 199,572      $ 178,181        12
    
 
 
    
 
 
    
 
 
   
 
 
    
 
 
    
 
 
 
Net Revenues by Product Platform/Type
 
 
  
Three Months Ended March 31,
 
 
Six Months Ended March 31,
 
 
  
2022
 
  
2021
 
  
Inc (Dec)
 
 
2022
 
  
2021
 
  
Inc (Dec)
 
Diagnostics-
  
  
  
 
  
  
Molecular assays
   $ 4,385      $ 4,395          $ 9,137      $ 8,985        2
Non-molecular
assays
     36,718        27,554        33     65,170        53,285        22
    
 
 
    
 
 
    
 
 
   
 
 
    
 
 
    
 
 
 
Total Diagnostics
  
41,103     
31,949        29  
74,307     
62,270        19
Life Science-
                                                    
Molecular reagents
  
40,334     
37,752        7  
71,822     
83,776        (14
)
%
Immunological reagents
     29,794        15,563        91     53,443        32,135        66
    
 
 
    
 
 
    
 
 
   
 
 
    
 
 
    
 
 
 
Total Life Science
  
70,128     
53,315        32  
125,265     
115,911        8
 
  
 
 
 
  
 
 
 
  
 
 
 
 
 
 
 
  
 
 
 
  
 
 
 
Consolidated
  
$
111,231
 
  
$
85,264
 
  
 
30
 
$
199,572
 
  
$
178,181
 
  
 
12
 
  
 
 
 
  
 
 
 
  
 
 
 
 
 
 
 
  
 
 
 
  
 
 
 
Net Revenues by Disease State (Diagnostics segment only)
 
 
  
Three Months Ended March 31,
 
 
Six Months Ended March 31,
 
 
  
2022
 
  
2021
 
  
Inc (Dec)
 
 
2022
 
  
2021
 
  
Inc (Dec)
 
Diagnostics-
                                                    
Gastrointestinal assays
   $ 20,281      $ 15,666        29   $ 41,900      $ 31,118        35
Respiratory illness assays
     9,491        3,686        157     15,871        8,492        87
Blood chemistry assays
     3,425        4,358        (21
)
%
    3,503        8,753        (60
)
%
Other
     7,906        8,239        (4
)
%
    13,033        13,907        (6
)
%
    
 
 
    
 
 
    
 
 
   
 
 
    
 
 
    
 
 
 
Total Diagnostics
   $ 41,103      $ 31,949        29   $ 74,307      $ 62,270        19
    
 
 
    
 
 
    
 
 
   
 
 
    
 
 
    
 
 
 
Royalty Income
Royalty income received from a third party related to sales of
H. pylori
products, totaled approximately $2,580 and $2,850
in the three months ended March 31, 2022 and 2021, respectively, and $3,550 and $3,710 in the six months ended March 31, 2022 and 2021, respectively.
Royalty income
is included as part of Non-molecular assays and Other within the Net Revenues by Product Platform/Type and Net Revenues by Disease State tables, respectively, above. 
Reagent Rental Arrangements
Revenue allocated to the lease elements of Reagent Rental arrangements totaled approximately $970 and $900
in the three months ended March 31, 2022 and 2021, respectively, and $1,725 and $1,780 in the six months ended March 31, 2022 and 2021, respectively. Such revenue is included as part of net revenues in our Condensed Consolidated Statements of Operations.