Operating Segments

6 Months Ended

Jun. 30, 2024

Operating Segments

Operating Segments

Note 7. Operating Segments

The Company maintains two active operating segments: Specialized BioTherapeutics and Public Health Solutions. Each segment includes an element of overhead costs specifically associated with its operations, with its corporate shared services group responsible for support functions generic to both operating segments.

	Three Months Ended
	June 30,
	2024		2023
Revenues
Specialized BioTherapeutics	$	2,342	$	68,505
Public Health Solutions		—		138,424
Total	$	2,342	$	206,929
Income (loss) from Operations
Specialized BioTherapeutics	$	(283,206)	$	(611,300)
Public Health Solutions		(62,052)		(2,247)
Corporate		(1,399,417)		(1,016,777)
Total	$	(1,744,675)	$	(1,630,324)
Amortization and Depreciation Expense
Specialized BioTherapeutics	$	953	$	954
Public Health Solutions		159		159
Corporate		476		477
Total	$	1,588	$	1,590
Other (Expense) Income, Net
Specialized BioTherapeutics	$	(31,346)	$	9,931
Corporate		131,519		8,369
Total	$	100,173	$	18,300
Share-Based Compensation
Specialized BioTherapeutics	$	20,940	$	27,427
Public Health Solutions		617		994
Corporate		36,118		61,621
Total	$	57,675	$	90,042

	Six Months Ended
	June 30,
	2024		2023
Revenues
Specialized BioTherapeutics	$	119,371	$	223,870
Public Health Solutions		—		240,237
Total	$	119,371	$	464,107
Income (loss) from Operations
Specialized BioTherapeutics	$	(1,143,810)	$	(1,521,677)
Public Health Solutions		(108,049)		(1,820)
Corporate		(2,609,907)		(2,257,516)
Total	$	(3,861,766)	$	(3,781,013)
Amortization and Depreciation Expense
Specialized BioTherapeutics	$	1,906	$	2,025
Public Health Solutions		318		337
Corporate		952		1,013
Total	$	3,176	$	3,375
Other (Expense) Income, Net
Specialized BioTherapeutics	$	(23,806)	$	16,013
Corporate		325,743		(54,330)
Total	$	301,937	$	(38,317)
Share-Based Compensation
Specialized BioTherapeutics	$	41,612	$	54,854
Public Health Solutions		1,205		1,988
Corporate		74,819		106,834
Total	$	117,636	$	163,676

	As of		As of
	June 30,		December 31,
	2024		2023
Identifiable Assets
Specialized BioTherapeutics	$	183,858	$	272,099
Public Health Solutions		2,917		3,976
Corporate		9,678,304		9,521,251
Total	$	9,865,079	$	9,797,326