Quarterly report pursuant to Section 13 or 15(d)

REPORTABLE SEGMENTS

v2.4.0.6
REPORTABLE SEGMENTS
 3 Months Ended
Dec. 31, 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