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Segment Information | 12 Months Ended
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Aug. 31, 2021
Segment Information |
15. Segment Information | 15. Segment Information The Company’s operations involve the development and usage, including licensing, of DehydraTECH. Lexaria is centrally managed and its chief operating decision makers, being the President and the CEO, use the consolidated and other financial information supplemented by revenue information by category of business-to-business product production and technology licensing to make operational decisions and to assess the performance of the Company. The Company has identified two reportable segments: Intellectual Property Licensing and B2B Production. Licensing revenues are significantly concentrated on three licensees.
For year ended August 31, 2021 |  | IP Licensing |  |  | B2B Product |  |  | Corporate |  |  | Consolidated Total |
|  | $ |  |  | $ |  |  | $ |  |  | $ |
External revenue |  |  | 334,974 |  |  |  | 297,279 |  |  |  | 90,485 |  |  |  | 722,738 |
Cost of goods sold |  |  | - |  |  |  | (175,346 | ) |  |  | - |  |  |  | (175,346 | )
Operating expenses |  |  | (1,864,527 | ) |  |  | (1,325,809 | ) |  |  | (1,521,187 | ) |  |  | (4,711,523 | )
Segment loss |  |  | (1,529,553 | ) |  |  | (1,203,876 | ) |  |  | (1,430,702 | ) |  |  | (4,164,131 | )
Total assets |  |  | 526,486 |  |  |  | 62,291 |  |  |  | 12,678,040 |  |  |  | 13,266,817 |
For year ended August 31, 2020 |  | IP Licensing |  |  | B2B Product |  |  | Corporate |  |  | Consolidated Total |
|  | $ |  |  | $ |  |  | $ |  |  | $ |
External revenue |  |  | 232,909 |  |  |  | 151,634 |  |  |  | - |  |  |  | 384,543 |
Cost of goods sold |  |  | - |  |  |  | (99,378 | ) |  |  | - |  |  |  | (99,378 | )
Operating expenses |  |  | (1,601,595 | ) |  |  | (1,043,956 | ) |  |  | (1,724,227 | ) |  |  | (4,369,778 | )
Segment loss |  |  | (1,368,686 | ) |  |  | (991,700 | ) |  |  | (1,724,227 | ) |  |  | (4,084,613 | )
Total assets |  |  | 692,268 |  |  |  | 116,871 |  |  |  | 2,019,099 |  |  |  | 2,828,238 |
Capital Asset by Region |  | Cost US |  |  | Disposal US |  |  | Net Balance US |  |  | Cost Canada |  |  | Net Balance Canada |  |  | Net Balance Total |
Year Ended August 31, 2021 |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |
Leasehold Improvements |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 259,981 |  |  |  | 119,333 |  |  |  | 119,333 |
Computers |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 63,964 |  |  |  | 12,414 |  |  |  | 12,414 |
Furniture Fixtures Equipment |  |  | 3,094 |  |  |  | (3,904 | ) |  |  | - |  |  |  | 31,126 |  |  |  | 14,706 |  |  |  | 14,706 |
Lab Equipment |  |  | 98,050 |  |  |  | - |  |  |  | 69,580 |  |  |  | 193,185 |  |  |  | 152,180 |  |  |  | 221,760 |
|  |  | 101,144 |  |  |  | (3,904 | ) |  |  | 85,264 |  |  |  | 548,256 |  |  |  | 398,094 |  |  |  | 368,213 |
Year Ended August 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Leasehold Improvements |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 259,981 |  |  |  | 173,371 |  |  |  | 173,371 |
Computers |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 63,964 |  |  |  | 32,905 |  |  |  | 32,905 |
Furniture Fixtures Equipment |  |  | 3,094 |  |  |  | - |  |  |  | - |  |  |  | 31,126 |  |  |  | 21,123 |  |  |  | 21,123 |
Lab Equipment |  |  | 98,050 |  |  |  | - |  |  |  | 85,426 |  |  |  | 193,185 |  |  |  | 171,505 |  |  |  | 256,769 |
|  |  | 101,144 |  |  |  | - |  |  |  | 85,426 |  |  |  | 548,256 |  |  |  | 398,094 |  |  |  | 483,358 |

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