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REPORTABLE SEGMENTS

v2.4.0.6
REPORTABLE SEGMENTS
 6 Months Ended 12 Months Ended
Mar. 31, 2012
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, in the form of a PEER Report, 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. 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 (loss) from operations, the most directly comparable measure in accordance with generally accepted accounting principles in the United States, or GAAP:

 

  Three months ended March 31, 2012
     Reference
Neurometric		   Clinic   Eliminations   Total
Revenues     37,200       188,900       (12,000 )      214,100  
Operating expenses:                                    
Cost of revenues     35,900       12,000       (12,000 )      35,900  
Research     67,400       —       —       67,400  
Product Development     162,800       —       —       162,800  
Sales and marketing     304,200       10,800       —       315,000  
General and administrative     788,800       262,200       —       1,051,000  
Total operating expenses     1,359,100       285,000       (12,000 )      1,632,100  
Loss from operations   $ (1,321,900 )    $ (96,100 )    $ —     $ (1,418,000 ) 


  Three months ended March 31, 2011
     Reference
Neurometric		   Clinic   Eliminations   Total
Revenues     38,400       162,600       (9,200 )      191,800  
Operating expenses:                                    
Cost of revenues     36,500       9,200       (9,200 )      36,500  
Research     119,300       —       —       119,300  
Product Development     116,400       —       —       116,400  
Sales and marketing     321,400       26,100       —       347,500  
General and administrative     764,500       314,700       —       1,079,200  
Total operating expenses     1,358,100       350,000       (9,200 )      1,698,900  
Loss from operations   $ (1,319,700 )    $ (187,400 )    $ —     $ (1,507,100 ) 


  Six months ended March 31, 2012
     Reference
Neurometric		   Clinic   Eliminations   Total
Revenues     75,200       341,200       (18,000 )      398,400  
Operating expenses:                                    
Cost of revenues     75,100       18,000       (18,000 )      75,100  
Research     137,100       —       —       137,100  
Product Development     275,300       —       —       275,300  
Sales and marketing     590,400       54,700       —       645,100  
General and administrative     1,597,200       514,800       —       2,112,000  
Total operating expenses     2,675,100       587,500       (18,000 )      3,244,600  
Loss from operations   $ (2,599,900 )    $ (246,300 )    $ —     $ (2,846,200 )
 
 
 
Six months ended March 31, 2011
     Reference
Neurometric		   Clinic   Eliminations   Total
Revenues     72,800       283,200       (16,400 )      339,600  
Operating expenses:                                    
Cost of revenues     72,500       16,400       (16,400 )      72,500  
Research     330,300       —       —       330,300  
Product Development     260,800       —       —       260,800  
Sales and marketing     565,100       29,200       —       594,300  
General and administrative     1,597,500       535,600       —       2,133,100  
Total operating expenses     2,826,200       581,200       (16,400 )      3,391,000  
Loss from operations   $ (2,753,400 )    $ (298,000 )    $ —     $ (3,051,400 ) 

 

The following table includes selected segment financial information as of March 31, 2012, related to total assets:

 

  Reference
Neurometric		   Clinic   Total
Total assets   $ 645,400     $ 59,500     $ 704,900  
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