Note 10 - Segment and Geographic Data

3 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Product Sales and Significant Customers and Vendors Disclosure [Text Block]

NOTE 

10

 — SEGMENT AND GEOGRAPHIC DATA

We conduct our business through

two

reportable segments:  dental and medical. These segments offer different products and services to different customer base. The following tables present information about our reportable and operating segments:

Net Sales:	March 31, 2020		March 31, 2019
Dental	$	1,803,586	$	1,915,509
Medical		7,800		400
Total net sales	$	1,811,386	$	1,915,909

Operating Income (Loss):	March 31, 2020			March 31, 2019
Dental	$	576,386		$	491,966
Medical		(669,814	)		(491,683	)
Corporate		(1,515,178	)		(818,464	)
Total operating loss	$	(1,608,606	)	$	(818,181	)

Depreciation and Amortization:	March 31, 2020		March 31, 2019
Dental	$	5,699	$	3,936
Medical		3,712		2,597
Corporate		27,808		19,512
Total depreciation and amortization	$	37,219	$	26,045

Income (loss) before taxes and equity in earnings of affiliates:	March 31, 2020			March 31, 2019
Dental	$	572,289		$	492,985
Medical		(669,814	)		(492,386	)
Corporate		(1,515,178	)		(779,765	)
Total loss before taxes and equity in earnings of affiliate	$	(1,612,703	)	$	(779,166	)

Total Assets:	March 31, 2020		December 31, 2019
Dental	$	4,017,592	$	5,008,324
Medical		582,331		590,727
Corporate		1,774,678		957,238
Total assets	$	6,374,601	$	6,556,289

The following table presents information about our operations by geographic area as

March 31, 2020. 

Net sales by geographic area are based on the respective locations of our subsidiaries:   

	March 31, 2020
	Dental		Medical		Total
Domestic-US & Canada
Devices	$	525	$	-	$	525
Handpieces		697,360		-		697,360
Other		22,506		-		22,506
Total Domestic US & Canada	$	720,391	$	-	$	720,391
International ROW
Devices	$	242,504	$	7,600	$	250,104
Handpieces		830,208		200		830,408
Other		10,483		-		10,483
Total International-ROW	$	1,083,195	$	7,800	$	1,090,995
International-China
Devices	$	-	$	-
Handpieces		-		-		-
Other		-		-		-
Total International	$	-	$	-	$	-
Total Product Sales	$	1,803,586	$	7,800	$	1,811,386

The following table presents information about our operations by geographic area as

March 31, 2019. 

Net sales by geographic area are based on the respective locations of our subsidiaries:

	March 31, 2019
	Dental		Medical		Total
Domestic-US & Canada
Devices	$	123,994	$	-	$	123,994
Handpieces		789,153		400		789,553
Other		16,817		-		16,817
Total Domestic US & Canada	$	929,964	$	400	$	930,364
International ROW
Devices	$	285,345	$	-	$	285,345
Handpieces		631,311		-		631,311
Other		18,889		-		18,889
Total International-ROW	$	935,545	$	-	$	935,545
International-China
Devices	$	-	$	-	$	-
Handpieces		50,000		-		50,000
Other		-		-		-
Total International	$	50,000	$	-	$	50,000
Total Product Sales		1,915,509		400		1,915,909