Anuvu Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

Segment Information (Tables)

9 Months Ended

Sep. 30, 2019

Reconciliation of operating profit (loss) by segment

The following table summarizes revenue and gross margin by our reportable segments for the three and nine months ended September 30, 2019 and 2018 (in thousands):



	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
Revenue:
Media & Content -- Licensing and Services	$	81,122		$	80,649		$	235,145		$	239,020
Connectivity -- Services	71,398			76,955			212,982			221,540
Connectivity -- Equipment	17,369			6,423			45,848			25,927
Total revenue	$	169,889		$	164,027		$	493,975		$	486,487
Cost of sales:
Media & Content -- Licensing and Services	$	58,619		$	56,704		$	173,892		$	169,615
Connectivity -- Services	59,256			66,422			183,560			187,908
Connectivity -- Equipment	13,998			5,443			32,832			15,859
Total cost of sales	$	131,873		$	128,569		$	390,284		$	373,382
Gross Margin:
Media & Content	$	22,503		$	23,945		$	61,253		$	69,405
Connectivity	15,513			11,513			42,438			43,700
Total Gross Margin	38,016			35,458			103,691			113,105
Other operating expenses	54,023			57,024			154,014			185,652
Loss from operations	$	(16,007	)	$	(21,566	)	$	(50,323	)	$	(72,547	)

Schedule of assets by segment

The Company’s total assets by segment were as follows (in thousands):



	September 30, 2019		December 31, 2018
Media & Content	$	317,444	$	346,280
Connectivity	342,830		355,144
Total segment assets	660,274		701,424
Corporate assets	23,134		15,663
Total assets	$	683,408	$	717,087