NOTE 11 - SEGMENT INFORMATION

9 Months Ended

Jan. 31, 2019

Notes

NOTE 11 - SEGMENT INFORMATION

NOTE 11 - SEGMENT INFORMATION

The following information is presented in accordance with ASC Topic 280, "Segment Reporting", for the three and nine months ended January 31, 2020 and 2019; 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, 2020 and 2019 is as follows: 

	Three Months Ended January 31,		Nine Months Ended January 31,
	2020	2019	2020	2019
Revenues:
Stevioside - third parties	$    3,320,723	3,944,899	12,617,001	10,254,028
Stevioside - related parties	1,784,135	1,081,378	5,882,694	3,195,115
Total Stevioside	5,104,858	5,026,277	18,499,695	13,449,143
Corporate and other – third party	98,571	622,411	755,390	2,082,405
Corporate and other – related party	0	0	0	0
Total Corporate and other	98,571	622,411	755,390	2,082,405
Total segment and consolidated revenues	$    5,203,429	5,648,688	19,255,085	15,531,548
Interest (expense) income:
Stevioside	$       (240,684)	$      (207,474)	$       (541,862)	$       (589,969)
Corporate and other	0	0	0	0
Total segment and consolidated interest expense	$       (240,684)	$      (207,474)	$       (541,862)	$       (589,969)
Depreciation and amortization:
Stevioside	$         275,906	$        290,386	$         763,429	$         824,360
Corporate and other	57,433	0	138,255	0
Total segment and consolidated depreciation and amortization	$         333,339	$        290,386	$         901,684	$         824,360
Income (loss) before income taxes:
Stevioside	$   (1,273,854)	$   (1,056,344)	$   (1,235,259)	$   (2,558,358)
Corporate and other	91,982	43,493	115,474	(633,366)
Total consolidated loss before income taxes	$   (1,181,872)	$   (1,012,851)	$   (1,119,785)	$   (3,191,724)

	January 31, 2020	April 30, 2019
Segment property and equipment:
Stevioside	$     7,692,613	$  7,796,314
Corporate and other	1,495,856	1,197,083
Total property and equipment	$     9,188,469	$  8,993,397