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NOTE 9 - SEGMENT AND RELATED INFORMATION
3 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
NOTE 9 - SEGMENT AND RELATED INFORMATION

NOTE 9 - SEGMENT AND RELATED INFORMATION

 

The Company operates in two industry segments - manufacturing and the servicing of medical equipment and management of diagnostic imaging centers.

 

The accounting policies of the segments are the same as those described in the summary of significant accounting policies as disclosed in the Company’s 10-K as of June 30, 2020. All inter-segment sales are market-based. The Company evaluates performance based on income or loss from operations.

 

Summarized financial information concerning the Company’s reportable segments is shown in the following table:

 

    Medical
Equipment
    Management
of Diagnostic
Imaging
Centers
    Totals  
For the three months ended Sept. 30, 2020                  
Net revenues from external customers   $ 1,981     $ 18,998     $ 20,979  
Inter-segment net revenues   $ 219     $     $ 219  
(Loss) Income from operations   $ (561 )   $ 4,711     $ 4,150  
Depreciation and amortization   $ 67     $ 901     $ 968  
Capital expenditures   $ 20     $ 415     $ 435  
                         
 For the three months ended Sept. 30, 2019                        
Net revenues from external customers   $ 2,284     $ 19,463     $ 21,747  
Inter-segment net revenues   $ 219     $     $ 219  
(Loss) Income from operations   $ (736 )   $ 6,222     $ 5,486  
Depreciation and amortization   $ 91     $ 904     $ 995  
Capital expenditures   $ 1,601     $ 848     $ 2,449