General form of registration statement for all companies including face-amount certificate companies

REPORTABLE SEGMENTS

v2.4.0.6
REPORTABLE SEGMENTS
 3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Segment Reporting [Abstract]    
Segment Reporting Disclosure [Text Block]

6.           REPORTABLE SEGMENTS

 

The Company operates in two business segments:  referenced neurometric information services and clinical services.  Neurometric 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”).  Clinic 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 to (loss) from operations, the most directly comparable measure in accordance with generally accepted accounting principles in the United States, or GAAP:

 

    Three months ended December 31, 2011  
    Reference                    
    Neurometric     Clinic     Eliminations     Total  
Revenues     38,000       152,300       (6,000 )     184,300  
                                 
Operating expenses:                                
Cost of revenues     39,200       6,000       (6,000 )     39,200  
Research     69,700       -       -       69,700  
Product Development     112,500       -       -       112,500  
Sales and marketing     286,200       43,800       -       330,000  
General and administrative     808,700       252,600       -       1,061,300  
Total operating expenses     1,316,300       302,400       (6,000 )     1,612,700  
                                 
Loss from operations   $ (1,278,300 )   $ (150,100 )   $ -     $ (1,428,400 )

 

 

    Three months ended December 31, 2010  
    Reference                    
    Neurometric     Clinic     Eliminations     Total  
Revenues     34,400       120,600       (7,100 )     147,900  
                                 
Operating expenses:                                
Cost of revenues     36,100       7,100       (7,100 )     36,100  
Research     211,000       -       -       211,000  
Product Development     144,400       -       -       144,400  
Sales and marketing     243,700       3,000       -       246,700  
General and administrative     832,700       221,100               1,053,800  
Total operating expenses     1,467,900       231,200       (7,100 )     1,692,000  
                                 
Loss from operations   $ (1,433,500 )   $ (110,600 )   $ -     $ (1,544,100 )

 

The following table includes selected segment financial information as of December 31, 2011, related to total assets:

 

    Reference              
    Neurometric     Clinic     Total  
                         
Total assets   $ 405,900     $ 55,900     $ 461,800
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 to (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