Annual report pursuant to Section 13 and 15(d)

REPORTABLE SEGMENTS

v2.4.0.6
REPORTABLE SEGMENTS
 12 Months Ended
Sep. 30, 2011
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
7.
REPORTABLE SEGMENTS
 
The Company operates in two business segments:  reference neurometric and clinic.  Neurometric Information Services (formerly called Laboratory Information Services) provides data to psychiatrists and other physicians/prescribers to enable them to make a more informed decision when treating a specific patient with mental, behavioral and/or addictive disorders provides reports (“PEER Reports”). The Clinic segment operates NTC, a full service psychiatric practice.
 
The following tables show operating results for the Company’s reportable segments, along with reconciliation from segment gross profit (loss) from operations, the most directly comparable measure in accordance with generally accepted accounting principles in the United States, or GAAP:
 
   
Year ended September 30, 2011
  
   
Neurometric
Information
Services
    
Clinic
    
Eliminations
    
Total
  
Revenues
     146,200       634,500       (34,800 )     745,900  
                                 
Operating expenses:
                                
Cost of revenues
     147,100       34,800       (34,800 )     147,100  
Research
     482,800       -       -       482,800  
Product development
     442,000       -       -       442,000  
Sales and marketing
     1,132,800       98,700       -       1,231,500  
General and administrative
     3,197,900       1,074,000               4,271,900  
Total operating expenses
     5,402,600       1,207,500       (34,800 )     6,575,300  
                                 
Loss from operations
   $ (5,256,400 )   $ (573,000 )   $ 0     $ (5,829,400 )
 
 
   
Year ended September 30, 2010
  
   
Neurometric
Information
Services
    
Clinic
    
Eliminations
    
Total
  
Revenues
     156,000       535,700       (53,200 )     638,500  
                                 
Operating expenses:
                                
Cost of revenues
     135,100       19,900       (19,900 )     135,100  
Research and development
     738,800       -       -       738,800  
Product development
     381,700       -       -       381,700  
Sales and marketing
     853,100       17,800       -       870,900  
General and administrative
     4,296,200       754,100       (33,300 )     5,017,000  
Total operating expenses
     6,404,900       791,800       (53,200 )     7,143,500  
                                 
Loss from operations
   $ (6,248,900 )   $ (256,100 )   $ 0     $ (6,505,000 )
 
The following table includes selected segment financial information as of September 30, 2011, related to total assets:
 
   
Reference 
Neurometric
    
Clinic
    
Total
  
                   
Total assets
  
$
308,800
    
$
61,200
    
$
370,000