| Segment Information |
13. Segment Information
The Company’s operations involve the development and usage, including licensing, of DehydraTECH. Lexaria is centrally managed and its chief operating decision makers, being the President and the CEO, use the consolidated and other financial information, supplemented by revenue information by category of business-to-business product production and technology licensing to make operational decisions and to assess the performance of the Company. The Company has identified four reportable segments: Intellectual Property, B2B Production, Research and Development and Corporate. Licensing revenues are significantly concentrated on three licensees.
Three Months Ended November 30, 2023 |
|
IP Licensing |
|
|
B2B Product |
|
|
R&D |
|
|
Corporate |
|
|
Consolidated Total |
|
| Revenue |
|
$ |
144,990 |
|
|
$ |
5,388 |
|
|
$ |
900 |
|
|
$ |
- |
|
|
$ |
151,278 |
|
| Cost of goods sold |
|
|
- |
|
|
|
(4,822 |
) |
|
|
- |
|
|
|
- |
|
|
$ |
(4,822 |
) |
| Operating expenses |
|
|
(41,478 |
) |
|
|
(54,169 |
) |
|
|
(586,605 |
) |
|
|
(603,345 |
) |
|
$ |
(1,285,597 |
) |
| Other Income(Expense) |
|
|
|
|
|
|
- |
|
|
|
- |
|
|
|
(45,897 |
) |
|
$ |
(45,897 |
) |
| Segment loss |
|
$ |
103,512 |
|
|
$ |
(53,603 |
) |
|
$ |
(585,705 |
) |
|
$ |
(649,242 |
) |
|
$ |
(1,185,038 |
) |
| Total assets |
|
$ |
132,627 |
|
|
$ |
63,573 |
|
|
$ |
76,245 |
|
|
$ |
3,354,327 |
|
|
$ |
3,626,773 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended November 30, 2022 |
|
IP Licensing |
|
|
B2B Product |
|
|
R&D |
|
|
Corporate |
|
|
Consolidated Total |
|
| Revenue |
|
$ |
63,435 |
|
|
$ |
29,100 |
|
|
$ |
5,200 |
|
|
$ |
- |
|
|
$ |
97,735 |
|
| Cost of goods sold |
|
|
- |
|
|
|
(15,795 |
) |
|
|
- |
|
|
|
- |
|
|
$ |
(15,795 |
) |
| Operating expenses |
|
|
(707,034 |
) |
|
|
(10,992 |
) |
|
|
(829,489 |
) |
|
|
(229,844 |
) |
|
$ |
(1,777,359 |
) |
| Other Income(Expense) |
|
|
|
|
|
|
- |
|
|
|
- |
|
|
|
(73,887 |
) |
|
$ |
(73,887 |
) |
| Segment loss |
|
$ |
(643,599 |
) |
|
$ |
2,313 |
|
|
$ |
(824,289 |
) |
|
$ |
(303,731 |
) |
|
$ |
(1,769,306 |
) |
| Total assets |
|
$ |
118,096 |
|
|
$ |
75,723 |
|
|
$ |
136,564 |
|
|
$ |
5,883,097 |
|
|
$ |
6,213,480 |
|
|