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OPERATING SEGMENTS
3 Months Ended
Sep. 30, 2011
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

16.  OPERATING SEGMENTS

 

 

 The Company operates in two operating segments which are consistent with its internal organization. The major segments are medical diagnostic services and government contracting.  Where applicable, “Unallocated” represents items necessary to reconcile to the consolidated financial statements, which generally include corporate activity at the parent level and eliminations.
 

 

The Company evaluates performance of individual operating segments based on operating income (loss). On a consolidated basis, this amount represents total net loss as shown in the consolidated statement of operations. Reconciling items represent executive compensation costs that are not allocated to the operating segments.  Such costs have not been allocated from the parent to the subsidiaries.

 

 

Three Months Ended September 30, 2011

 

 

 

Medical
Diagnostics

 

 

Government
Contracting

 

 

Unallocated

 

 

Total

 

Net revenue

 

$

28,967

 

 

$

100,391

 

 

$

-

 

 

$

129,358

 

Operating loss

 

 

(239,671

)

 

 

(208,843

)

 

 

(171,147

)

 

 

(619,661

)

Other income

 

 

-

 

 

 

40,000

 

 

 

-

 

 

 

40,000

 

Interest expense

 

 

1,837

 

 

 

-

 

 

 

-

 

 

 

1,837

 

Depreciation and amortization

 

 

310

 

 

 

43,750

 

 

 

-

 

 

 

44,060

 

Expenditure for long-lived assets, including intangibles

 

 

10,150

 

 

 

-

 

 

 

-

 

 

 

10,150

 

Total Assets at September 30, 2011

 

 

136,245

 

 

 

337,883

 

 

 

5,036,000

 

 

 

5,510,128

 

 

 

Three Months Ended September 30, 2010

 

 

 

Medical
Diagnostics

 

 

Government
Contracting

 

 

Unallocated

 

 

Total

 

Net revenue

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

Operating loss

 

 

(136,502

)

 

 

-

 

 

 

-

 

 

 

(136,502

)

Other income

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Interest expense

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Depreciation and amortization

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expenditure for long-lived assets, including intangibles

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total Assets at September 30, 2010

 

 

29,676

 

 

 

-

 

 

 

-

 

 

 

29,676