Segment Information

3 Months Ended

Mar. 31, 2017

Segment Information [Abstract]

SEGMENT INFORMATION

NOTE 11 – SEGMENT INFORMATION

The Company reports segment information that is consistent with the management and measurement system utilized within the Company. This approach designates the internal reporting used by management for making decisions and assessing performance as the source of the Company’s reportable operating segments. The segments represent components of the Company for which separate financial information is available that is utilized on a regular basis by the chief operating decision maker (the chief executive officer) in determining how to allocate resources and evaluate performance. The accounting policies of the segments are the same as those described in Note 1, “Organization and Summary of Significant Accounting Policies” of the Notes to Consolidated Financial Statements that are contained in our annual report on Form 10-K for the fiscal year ended December 31, 2016. The Company’s reportable operating segment consists of Advanced. For the quarter ended March 31, 2017, Advanced had no revenue, an operating loss of $59,861 and assets in the form of cash totaling $199,465.