NOTE 12 - SEGMENT INFORMATION

6 Months Ended

Oct. 31, 2021

Notes

NOTE 12 - SEGMENT INFORMATION

NOTE 12 - SEGMENT INFORMATION

The following information is presented in accordance with ASC Topic 280, "Segment Reporting", for the three and six months ended October 31, 2021 and 2020; we accounted for two reportable business segments - (1) natural sweetener (stevioside), and (2) corporate and other pharmaceutical. Our reportable segments are strategic business units that offer different products and are managed separately based on the fundamental differences in their operations. Condensed financial information with respect to these reportable business segments for the three and six months ended October 31, 2021 and 2020 is as follows: 

	Three Months Ended October 31,		Six Months Ended October 31,
	2021	2020	2021	2020
Revenues:
Stevioside - third party	$10,001,477	$3,830,340	$16,163,155	$9,020,803
Stevioside - related party	-	502,695	-	2,254,518
Total Stevioside	10,001,477	4,333,035	16,163,155	11,275,321
Corporate and other – third party	106,647	100,809	213,429	198,201
Corporate and other – related party	-	-	-	-
Total Corporate and other	106,647	100,809	213,429	198,201
Total segment and consolidated revenues	$10,108,124	$4,433,844	$16,376,584	$11,473,522
Interest expense:
Stevioside	$(119,934)	$(52,018)	$(190,605)	$(131,125)
Corporate and other	-	-	-	-
Total segment and consolidated interest expense	$(119,934)	$(52,018)	$(190,605)	$(131,125)
Depreciation and amortization:
Stevioside	$312,038	$266,078	$623,881	$519,854
Corporate and other	56,349	56,042	112,942	106,706
Total segment and consolidated depreciation and amortization	$368,387	$322,120	$736,823	$626,560
Income (loss) from operations before income taxes:
Stevioside	$(1,941,725)	$(705,674)	$(2,753,962)	$(1,769,927)
Corporate and other	48,952	47,223	111,072	55,649
Total loss from continuing operations before income taxes	$(1,892,773)	$(658,451)	$(2,642,890)	$(1,714,278)

	October 31, 2021	April 30, 2021
Segment property and equipment:
Stevioside	$5,663,314	$7,354,695
Corporate and other	2,722,249	1,862,420
Total property and equipment	$8,385,563	$9,217,115