XML 31 R19.htm IDEA: XBRL DOCUMENT

Note M - Segment and Geographic Data

12 Months Ended

Dec. 31, 2021

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

NOTE M — SEGMENT AND GEOGRAPHIC DATA

The Company conducts its business through two reportable segments: Dental and Medical. These segments offer different products and services to different customer base. The Company provides general corporate services to its segments; however, these services are not considered when making operating decisions and assessing segment performance. These services are reported under “Corporate Services” below and these include costs associated with executive management, investor relations, patents, trademarks, licensing agreements, new instruments developments, financing activities and public company compliance.

The following tables present information about our reportable and operating segments:

	*Years Ended December 31,*
Sales
Net Sales:	*2021*		*2020*
Dental	$	10,152,511	$	5,421,436
Medical		152,200		15,800
Total net sales	$	10,304,711	$	5,437,236

Operating Income (Loss):	*2021*			*2020*
Dental	$	2,475,059		$	817,355
Medical		(4,105,854	)		(3,338,411	)
Corporate		(5,747,713	)		(4,932,062	)
Total operating loss	$	(7,378,508	)	$	(7,453,118	)

Depreciation and Amortization:	*2021*		*2020*
Dental	$	4,351	$	9,896
Medical		7,313		5,693
Corporate		62,172		80,360
Total depreciation and amortization	$	73,836	$	95,949

Income (loss) before taxes and equity in earnings of affiliates:	*2021*			*2020*
Dental	$	2,544,730		$	807,770
Medical		(4,111,159	)		(3,342,853	)
Corporate		(5,552,259	)		(4,936,116	)
Total loss before taxes and equity in earnings of affiliate	$	(7,118,688	)	$	(7,471,199	)

Total Assets	*2021*		*2020*
Dental	$	6,163,169	$	6,035,645
Medical		1,373,511		923,658
Corporate		12,273,064		12,612,147
Total Assets	$	19,809,744	$	19,571,450

The following table presents information about our operations by geographic area as December 31, 2021 and 2020. Net sales by geographic area are based on the respective locations of our subsidiaries.

Total Product Sales-Dental	*2021*		*2020*
Domestic-US	$	3,535,049	$	2,118,186
International Rest of World		4,519,334		3,225,850
International-China		2,098,128		77,400
Total Product Sales-Dental	$	10,152,511	$	5,421,436
Total Product Sales-Medical
Domestic-US	$	36,500	$	2,000
International Rest of World		115,700		13,800
International-China		-		-
Total Product Sales-Medical	$	152,200	$	15,800

Domestic-US	$	3,571,549	$	2,120,186
International Rest of World		4,635,034		3,239,650
International-China		2,098,128		77,400
Total	$	10,304,711	$	5,437,236