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Information by Business Segment (Tables)
6 Months Ended
Jun. 30, 2012
Information by Business Segment  
Schedule of financial information by business segment

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

 

 

2012

 

2011

 

2012

 

2011

 

Revenue

 

Biospherics

 

$

 

$

 

$

 

$

 

 

 

Health Sciences

 

206,000

 

186,000

 

416,000

 

492,000

 

 

 

Total revenue

 

$

206,000

 

$

186,000

 

$

416,000

 

$

492,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Profit (Loss) and Loss from Operations Before Income Taxes

 

Biospherics

 

$

(156,000

)

$

(430,000

)

$

(659,000

)

$

(837,000

)

 

 

Health Sciences

 

33,000

 

35,000

 

105,000

 

158,000

 

 

 

General

 

(626,000

)

(628,000

)

(1,352,000

)

(1,456,000

)

 

 

Total operating loss

 

(749,000

)

(1,023,000

)

(1,906,000

)

(2,135,000

)

 

 

Interest income

 

1,000

 

1,000

 

2,000

 

2,000

 

 

 

Other income

 

 

8,000

 

 

53,000

 

 

 

Gain on settlement of obligations

 

 

 

 

845,000

 

 

 

Loss from operations before income taxes

 

$

(748,000

)

$

(1,014,000

)

$

(1,904,000

)

$

(1,235,000

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

Dec. 31,

 

 

 

 

 

 

 

 

 

 

2012

 

2011

 

 

 

 

 

 

Identifiable Assets

 

Biospherics

 

$

17,000

 

$

287,000

 

 

 

 

 

 

 

 

Health Sciences

 

210,000

 

193,000

 

 

 

 

 

 

 

 

General corporate assets

 

4,339,000

 

5,175,000

 

 

 

 

 

 

 

 

Total assets

 

$

4,566,000

 

$

5,655,000