Note 9 - Segments

3 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE

9

- SEGMENTS

The Company has determined its operating segments in accordance with ASC

280

–

Segment Reporting

. Factors used to determine the Company’s reportable segments include the availability of separate financial statements, the existence of locally based leadership across geographic regions, the economic factors affecting each segment, and the evaluation of operating results at the segment level. The Chief Operating Decision Maker (“CODM”) allocates the Company’s resources for each of the operating segments and evaluates their relative performance. Each operating segment listed below has separate financial statements and locally based leadership that are evaluated based on the results of their respective segments. It should be noted that the operating segments below have different products and services. The financial information is consolidated and evaluated regularly by the CODM in assessing performance and allocating resources.

The Company has

three

operating segments: domestic, international, and Helomics. See discussion of revenue recognition in Note

1

– Summary of Significant Accounting Policies for a description of the products and services recognized in each segment. The segment revenues and segment net losses for the

three

-month period ended

March 31, 2020

are included in the table below. All revenues are earned from external customers.

	Three Months Ended March 31, 2020
	Domestic			International			Helomics			Corporate			Total
Revenue	$	279,813			-		$	15,130			-		$	294,943
Segment Loss	$	(340,779	)	$	(69,065	)	$	(1,412,465	)	$	(2,707,008	)	$	(4,529,317	)

In the

first

quarter of

2019,

substantially all the Company revenues and expenses were located or derived from operations in the United States and recorded under the domestic segment.

	March 31, 2020
	Domestic		International		Helomics		Corporate		Total
Assets	$	823,804	$	287,606	$	21,390,191	$	2,547,396	$	25,048,996

	December 31, 2019
	Domestic		International		Helomics		Corporate		Total
Assets	$	670,841	$	298,952	$	21,275,306	$	130,411	$	22,375,510