NOTE 12 - SEGMENT INFORMATION

9 Months Ended

Jan. 31, 2022

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 nine months ended January 31, 2022 and 2021; 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 nine months ended January 31, 2022 and 2021 is as follows: 

	Three Months Ended January 31,		Nine Months Ended January 31,
	2022	2021	2022	2021
Revenues:
Stevioside - third party	$10,890,274	$4,125,587	$27,053,429	$13,146,390
Stevioside - related party	-	2,756,224	-	5,010,742
Total Stevioside	10,890,274	6,881,811	27,053,429	18,157,132
Corporate and other – third party	107,991	104,866	321,420	303,067
Corporate and other – related party	-	-	-	-
Total Corporate and other	107,991	104,866	321,420	303,067
Total segment and consolidated revenues	$10,998,265	$6,986,677	$27,374,849	$18,460,199
Interest expense:
Stevioside	$(144,182)	$(61,727)	$(334,787)	$(192,852)
Corporate and other	-	-	-	-
Total segment and consolidated interest expense	$(144,182)	$(61,727)	$(334,787)	$(192,852)
Depreciation and amortization:
Stevioside	$332,025	$289,361	$955,906	$809,215
Corporate and other	52,642	60,174	165,584	166,880
Total segment and consolidated depreciation and amortization	$384,667	$349,535	$1,121,490	$976,095
Income (loss) from operations before income taxes:
Stevioside	$(1,615,128)	$(1,808,789)	$(4,369,070)	$(3,578,716)
Corporate and other	54,635	47,943	165,687	103,592
Total loss from continuing operations before income taxes	$(1,560,493)	$(1,760,846)	$(4,203,383)	$(3,475,124)

	January 31, 2022	April 30, 2021
Segment property and equipment:
Stevioside	$6,580,695	$7,354,695
Corporate and other	1,726,278	1,862,420
Total property and equipment	$8,306,973	$9,217,115