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OPERATING SEGMENTS
9 Months Ended
Mar. 31, 2012
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 March 31, 2012

 

 

 

Medical

Diagnostics

 

 

Government

Contracting

 

 

Unallocated

 

 

Total

 

Revenues

 

$

50,537

 

 

$

104,300

 

 

$

-

 

 

$

154,837

 

Operating loss

 

 

(85,094

)

 

 

(244,068

)

 

 

(224,167

)

 

 

(553,329

)

Other income

 

 

-

 

 

 

6,720

 

 

 

-

 

 

 

6,720

 

Interest expense

 

 

2,995

 

 

 

7,448

 

 

 

-

 

 

 

10,443

 

Depreciation and amortization

 

 

1,106

 

 

 

43,750

 

 

 

-

 

 

 

44,856

 

Expenditure for long-lived assets, including intangibles

 

 

12,300

 

 

 

-

 

 

 

-

 

 

 

12,300

 

 

 

Three Months Ended March 31, 2011

 

 

 

Medical

Diagnostics

 

 

Government

Contracting

 

 

Unallocated

 

 

Total

 

Revenues

 

$

110,099

 

 

$

52,881

 

 

$

-

 

 

$

162,980

 

Operating loss

 

 

(400,415

)

 

 

(142,853

)

 

 

-

 

 

 

(543,268

)

Interest and other income

 

 

-

 

 

 

5,305

 

 

 

-

 

 

 

5,305

 

Interest expense

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Depreciation and amortization

 

 

310

 

 

 

15,006

 

 

 

-

 

 

 

15,316

 

Expenditure for long-lived assets, including intangibles

 

 

4,200

 

 

 

-

 

 

 

-

 

 

 

4,200

 

 

 

Nine Months Ended March 31, 2012

 

 

 

Medical

Diagnostics

 

 

Government

Contracting

 

 

Unallocated

 

 

Total

 

Revenues

 

$

130,092

 

 

$

339,945

 

 

$

-

 

 

$

470,037

 

Operating loss

 

 

(490,099

)

 

 

(609,577

)

 

 

(417,334

)

 

 

(1,517,010

)

Other income

 

 

-

 

 

 

115,489

 

 

 

-

 

 

 

115,489

 

Interest expense

 

 

8,901

 

 

 

7,448

 

 

 

-

 

 

 

16,349

 

Depreciation and amortization

 

 

1,726

 

 

 

131,250

 

 

 

-

 

 

 

132,976

 

Expenditure for long-lived assets, including intangibles

 

 

34,100

 

 

 

-

 

 

 

-

 

 

 

34,100

 

Total Assets at March 31, 2012

 

 

106,968

 

 

 

191,215

 

 

 

5,000,000

 

 

 

5,298,183

 

 

 

Nine Months Ended March 31, 2011

 

 

 

Medical

Diagnostics

 

 

Government

Contracting

 

 

Unallocated

 

 

Total

 

Revenues

 

$

181,526

 

 

$

52,881

 

 

$

-

 

 

$

234,407

 

Operating loss

 

 

(917,393

)

 

 

(142,853

)

 

 

-

 

 

 

(1,060,246

)

Interest and other income

 

 

-

 

 

 

5,305

 

 

 

-

 

 

 

5,305

 

Interest expense

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Depreciation and amortization

 

 

516

 

 

 

15,006

 

 

 

-

 

 

 

15,522

 

Expenditure for long-lived assets, including intangibles

 

 

10,391

 

 

 

-

 

 

 

-

 

 

 

10,391

 

Total Assets at March 31, 2011

 

 

305,616

 

 

 

1,568,969

 

 

 

5,036,000

 

 

 

6,910,585