v2.4.1.9
OPERATING SEGMENTS
9 Months Ended
Mar. 31, 2015
OPERATING SEGMENTS  
OPERATING SEGMENTS

12. 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 Beverages.  Government contracting has been inactive since 2012 and is now excluded as a segment.

 

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

 

Data for the three and nine months ended March 31, 2015 and March 31, 2014 follow below:

 

Three Months Ended March 31, 2015

Medical Diagnostics

 

Beverages

 

Unallocated

 

Total

Revenues

$

-

$

-

$

-

$

-

Cost of Goods Sold

-

-

-

-

Total Operating Expenses

4,780

150,271

112,203

267,254

Operating Income (Loss)

(4,780)

(150,271)

(112,203)

(155,052)

Other Income (Expense)

-

(10,853)

(442,032)

(452,885)

Net Income

(4,780)

(161,125)

(554,235)

(607,937)

Total Assets

$

45,258

$

290,001

$

4,332,600

$

4,667,859

Three Months Ended March 31, 2014

Medical Diagnostics

 

Beverages

 

Unallocated

 

Total

Revenues

$

54,000

$

-

$

-

$

54,000

Cost of Goods Sold

-

-

-

-

Total Operating Expenses

66,360

-

(221,858)

(155,498)

Operating Income (Loss)

(12,360)

-

221,858

209,498

Other Income (Expense)

(3,024)

-

(131,133)

(134,157)

Net Income

(15,384)

-

90,726

75,341

Total Assets

$

64,378

$

-

$

1,039,074

$

1,103,452

 

Nine Months Ended March 31, 2015

Medical Diagnostics

 

Beverages

 

Unallocated

 

Total

Revenues

$

54,000

$

4,581

$

-

$

58,581

Cost of Goods Sold

-

5,779

-

5,779

Total Operating Expenses

68,633

252,379

389,604

710,617

Operating Income (Loss)

(14,633)

(253,578)

(389,604)

(657,815)

Other Income (Expense)

-

(10,853)

(1,192,321)

(1,203,174)

Net Income

(14,633)

(264,431)

(1,581,926)

(1,860,990)

Total Assets

$

45,258

$

290,001

$

4,332,600

$

4,667,859

Nine Months Ended March 31, 2014

Medical Diagnostics

 

Beverages

 

Unallocated

 

Total

Revenues

$

162,000

$

-

$

-

$

162,000

Cost of Goods Sold

-

-

-

-

Total Operating Expenses

150,277

-

406,748

557,025

Operating Income (Loss)

11,723

-

(406,748)

(395,025)

Other Income (Expense)

3,024

-

(609,448)

(606,424)

Net Income

14,747

-

(1,016,196)

(1,001,449)

Total Assets

$

64,378

$

-

$

1,039,074

$

1,103,452