v2.4.1.9
OPERATING SEGMENTS
 6 Months Ended
Dec. 31, 2014
OPERATING SEGMENTS  
OPERATING SEGMENTS

13. OPERATING SEGMENTS

 

The Company had operated in three segments which are consistent with its internal organization. The major segments were medical diagnostic services, government contracting, and Tea sales.

 

Revenues, expenses and assets not explicitly attributed to a segment are deemed to be unallocated.

 

Data for the three and six months ended December 31, 2014 and December 31, 2013 follow below:

 

 

 

Three Months Ended December 31, 2014

Medical

Government

Tea

Diagnostics

Contracting

Sales

Unallocated

Total

Revenues

$

13,500

$

-

$

4,581

$

-

$

18,081

Cost of Goods Sold

-

-

5,779

-

5,779

Total Operating Expenses

33,583

-

102,108

102,344

238,034

Operating Income (Loss)

(20,083)

-

(103,306)

(102,344)

(123,389)

Other Income (Expense)

-

-

-

(369,431)

(369,431)

Net Income

(20,083)

-

(103,306)

(471,775)

(492,820)

Total Assets

$

45,034

$

5,004

$

196,063

$

2,185,507

$

2,431,608

 

 

 

Three Months Ended December 31, 2013

Medical

Government

Tea

Diagnostics

Contracting

Sales

Unallocated

Total

Revenues

$

54,000

$

-

$

-

$

-

$

54,000

Cost of Goods Sold

-

-

-

-

-

Total Operating Expenses

63,853

478

-

302,676

367,007

Operating Income (Loss)

 

(9,853)

 

(478)

 

-

 

(302,676)

 

(313,007)

Other Income (Expense)

-

-

-

(412,545)

(412,545)

Net Income

(9,853)

(478)

-

(715,221)

(725,552)

 

 

 

 

 

Total Assets

$

67,282

$

5,916

$

-

$

1,039,074

$

1,112,272

 

 

 

 

Six Months Ended December 31, 2014

Medical

Government

Tea

Diagnostics

Contracting

Sales

Unallocated

Total

Revenues

$

54,000

$

-

$

4,581

$

-

$

58,581

Cost of Goods Sold

-

-

5,779

-

5,779

Total Operating Expenses

83,917

-

102,108

257,338

443,363

Operating Income (Loss)

(29,917)

-

(103,306)

(257,338)

(390,561)

Other Income (Expense)

-

-

-

(750,289)

(750,289)

Net Income

(29,917)

-

(103,306)

(1,007,627)

(1,140,850)

Total Assets

$

45,034

$

5,004

$

196,063

$

2,185,507

$

2,431,608

 

 

 

Six Months Ended December 31, 2013

Medical

Government

Tea

Diagnostics

Contracting

Sales

Unallocated

Total

Revenues

$

108,000

$

-

$

-

$

-

$

108,000

Cost of Goods Sold

-

-

-

-

-

Total Operating Expenses

142,827

956

-

568,741

712,524

Operating Income (Loss)

(34,827)

(956)

-

(568,741)

(604,524)

Other Income (Expense)

-

-

-

(472,267)

(472,267)

Net Income

(34,827)

(956)

-

(1,041,008)

(1,076,791)

Total Assets

$

67,282

$

5,916

$

-

$

1,039,074

$

1,112,272