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Segment Information
 3 Months Ended
Nov. 30, 2024
Segment Information  
Segment Information

14. 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, 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, B2B Production, Research and Development and Corporate. Licensing revenues are significantly concentrated on three licensees.

 

Three Months Ended November 30, 2024

 

IP Licensing

 

 

B2B Product

 

 

R&D

 

 

Corporate

 

 

Consolidated Total

 

Revenue

 

$174,000

 

 

$9,923

 

 

$-

 

 

$-

 

 

$183,923

 

Cost of goods sold

 

 

-

 

 

 

(2,720)

 

 

-

 

 

 

-

 

 

 

(2,720)

Operating expenses

 

 

(382)

 

 

(637)

 

 

(1,953,220)

 

 

(917,671)

 

 

(2,871,910)

Other Income(Expense)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(15,921

) 

 

 

(15,921)

Segment Income (Loss)

 

$173,618

 

 

$6,566

 

 

$(1,953,220)

 

$(933,592)

 

$(2,706,628)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Total assets

 

$185,450

 

 

$61,783

 

 

$528,761

 

 

$9,017,780

 

 

$9,793,774

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended November 30, 2023

 

IP Licensing

 

 

B2B Product

 

 

R&D

 

 

Corporate

 

 

Consolidated Total

 

Revenue

 

$144,990

 

 

$5,388

 

 

$900

 

 

$-

 

 

$151,278

 

Cost of goods sold

 

 

-

 

 

 

(4,822)

 

 

-

 

 

 

-

 

 

 

(4,822)

Operating expenses

 

 

(41,478)

 

 

(54,169)

 

 

(586,605)

 

 

(603,345)

 

 

(1,285,597)

Other Income(Expense)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(45,897)

 

 

(45,897)

Segment Income (Loss)

 

$103,512

 

 

$(53,603)

 

$(585,705)

 

$(649,242)

 

$(1,185,038)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Total assets

 

$132,627

 

 

$63,573

 

 

$76,245

 

 

$3,354,329

 

 

$3,626,774