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Segment Information
 12 Months Ended
Aug. 31, 2024
Segment Information  
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 four reportable segments: Intellectual Property Licensing, B2B Production, Research and Development and Corporate. Licensing revenues are concentrated on three licensees.

 

 

IP

 

 

B2B

 

 

 

 

 

 

 

 

Consolidated

 

Year Ended August 31, 2024

 

Licensing

 

 

Product

 

 

R&D

 

 

Corporate

 

 

Total

 

Revenue

 

$457,990

 

 

$5,388

 

 

$900

 

 

$-

 

 

$464,278

 

Cost of goods sold

 

 

 

 

 

 

(4,822)

 

 

 

 

 

 

 

 

 

 

(4,822)

Operating expenses

 

 

(340)

 

 

(1,124)

 

 

(2,360,565)

 

 

(3,850,557)

 

 

(6,212,586)

Other income/(expense)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(55,524)

 

 

(55,524)

Segment loss

 

$457,650

 

 

$(558)

 

$(2,359,665)

 

$(3,906,081)

 

$(5,808,654)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$164,152

 

 

$63,131

 

 

$497,603

 

 

$8,142,903

 

 

$8,867,789

 

 

 

 

IP

 

 

B2B

 

 

 

 

 

 

 

 

Consolidated

 

Year Ended August 31, 2023

 

Licensing

 

 

Product

 

 

 R&D 

 

 

 Corporate

 

 

 Total

 

Revenue

 

$146,800

 

 

$44,167

 

 

$35,241

 

 

$-

 

 

$226,208

 

Cost of goods sold

 

 

-

 

 

 

(31,500)

 

 

-

 

 

 

-

 

 

$(31,500)

Operating expenses

 

 

(70,677)

 

 

(282,709)

 

 

(3,666,721)

 

 

(2,708,623)

 

$(6,728,730)

Other income/(expense)

 

 

 

 

 

 

-

 

 

 

-

 

 

 

(178,503)

 

$(178,503)

Segment loss

 

$76,123

 

 

$(270,042)

 

$(3,631,480)

 

$(2,887,126)

 

$(6,712,525)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Total assets

 

$103,336

 

 

$65,573

 

 

$187,532

 

 

$2,729,545

 

 

$3,083,986