v2.4.0.6
OPERATING SEGMENTS
 3 Months Ended
Sep. 30, 2012
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

12.  OPERATING SEGMENTS

 

The Company operates in two operating segments which are consistent with its internal organization. The major segments are medical diagnostic services and government contracting.  Where applicable, “Unallocated” represents items necessary to reconcile to the consolidated financial statements, which generally include corporate activity at the parent level and eliminations.

 

The Company evaluates performance of individual operating segments based on operating income (loss). On a consolidated basis, this amount represents total net loss as shown in the consolidated statement of operations. Reconciling items represent executive compensation costs that are not allocated to the operating segments.  Such costs have not been allocated from the parent to the subsidiaries.

 

 

 

Three Months Ended September 30, 2012

 

 

 

 

Medical

Diagnostics

 

 

 

Government

Contracting

 

 

 

Unallocated

 

 

 

Total

 

Revenues

 

$

63,298

 

 

$

-

 

 

$

-

 

 

$

63,298

 

Operating loss

 

 

(52,079

)

 

 

(205,034

)

 

 

(209,961

)

 

 

(467.074

)

Other income

 

 

-

 

 

 

10,240

 

 

 

921,005

 

 

 

931,245

 

Interest expense

 

 

9,739

 

 

 

57,347

 

 

 

-

 

 

 

67,086

 

Depreciation and amortization

 

 

25,764

 

 

 

-

 

 

 

-

 

 

 

25,764

 

Expenditure for long-lived assets, including intangibles

 

 

14,100

 

 

 

-

 

 

 

-

 

 

 

14,100

 

Total Assets at September 30, 2012

 

 

2,936,303

 

 

 

6,394

 

 

 

638,304

 

 

 

3,581,001

 

 

 

 

Three Months Ended September 30, 2011

 

 

 

 

Medical

Diagnostics

 

 

 

Government

Contracting

 

 

 

Unallocated

 

 

 

Total

 

Revenues

 

$

28,967

 

 

$

100,391

 

 

$

-

 

 

$

129,358

 

Operating loss

 

 

(239,671

)

 

 

(208,843

)

 

 

(171,147

)

 

 

(619,661

)

Other income

 

 

-

 

 

 

40,000

 

 

 

-

 

 

 

40,000

 

Interest expense

 

 

1,837

 

 

 

-

 

 

 

-

 

 

 

1,837

 

Depreciation and amortization

 

 

310

 

 

 

43,750

 

 

 

-

 

 

 

44,060

 

Expenditure for long-lived assets, including intangibles

 

 

10,150

 

 

 

-

 

 

 

-

 

 

 

10,150

 

Total Assets at September 30, 2011

 

 

136,245

 

 

 

337,883

 

 

 

5,036,000

 

 

 

5,510,128