Segment Information |
18. 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 two reportable segments: Intellectual Property Licensing and B2B Production. Licensing revenues are significantly concentrated on three licensees.
For year ended August 31, 2022 |
|
IP
Licensing
|
|
|
B2B
Product
|
|
R & D |
|
Corporate |
|
|
Consolidated
Total
|
|
|
$ |
|
|
$ |
|
& |
|
$ |
|
|
$ |
External revenue |
|
|
54,560 |
|
|
|
113,438 |
|
54,800 |
|
|
32,599 |
|
|
|
255,397 |
Cost of goods sold |
|
|
|
|
|
|
(71,841 |
) |
|
|
|
|
|
|
|
(71,841) |
Operating expenses |
|
|
(307,809 |
) |
|
|
(731,427 |
) |
(1,842,675 |
) |
|
(4,685,298 |
) |
|
|
(7,567,209) |
Segment loss |
|
|
(253,249 |
) |
|
|
(689,830 |
) |
(1,787,875 |
) |
|
(4,652,699 |
) |
|
|
(7,383,653) |
Total assets |
|
|
161,307 |
|
|
|
205,956 |
|
247,345 |
|
|
7,219,319 |
|
|
|
7,833,927 |
For year ended August 31, 2021 |
|
IP
Licensing
$
|
|
|
B2B
Product
$
|
|
|
Corporate
$
|
|
|
Consolidated
Total
$
|
|
External revenue |
|
|
334,974 |
|
|
|
297,279 |
|
|
|
90,485 |
|
|
|
722,738 |
|
Cost of goods sold |
|
|
- |
|
|
|
(175,346 |
) |
|
|
- |
|
|
|
(175,346 |
) |
Operating expenses |
|
|
(1,864,527 |
) |
|
|
(1,325,809 |
) |
|
|
(1,521,187 |
) |
|
|
(4,711,523 |
) |
Segment loss |
|
|
(1,529,553 |
) |
|
|
(1,203,876 |
) |
|
|
(1,430,702 |
) |
|
|
(4,164,131 |
) |
Total assets |
|
|
526,486 |
|
|
|
62,291 |
|
|
|
12,678,040 |
|
|
|
13,266,817 |
|
Capital Asset by Region |
|
Cost
US
|
|
|
Additions
US
|
|
|
Net
Balance
US
|
|
|
|
Cost
Canada
|
Additions
Canada
|
|
Net
Balance
Canada
|
|
|
Net
Balance
Total
|
|
Year Ended August 31, 2022 |
|
$ |
|
|
$ |
|
|
$ |
|
|
|
$ |
$ |
|
$ |
|
|
$ |
|
Leasehold Improvements |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
259,981 |
|
- |
|
|
65,296 |
|
|
|
65,296 |
|
Computers |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
63,964 |
|
6,817 |
|
|
9,357 |
|
|
|
9,357 |
|
Furniture Fixtures Equipment |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
31,126 |
|
- |
|
|
8,288 |
|
|
|
8,288 |
|
Lab Equipment |
|
|
98,050 |
|
|
|
42,375 |
|
|
|
100,031 |
|
|
|
193,185 |
|
- |
|
|
132,533 |
|
|
|
232,564 |
|
|
|
|
98,050 |
|
|
|
42,375 |
|
|
|
100,031 |
|
|
|
548,256 |
|
6,817 |
|
|
215,474 |
|
|
|
315,505 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended August 31, 2021 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Leasehold Improvements |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
259,981 |
|
- |
|
|
119,333 |
|
|
|
119,333 |
|
Computers |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
63,964 |
|
- |
|
|
12,414 |
|
|
|
12,414 |
|
Furniture Fixtures Equipment |
|
|
3,094 |
|
|
|
(3,904 |
) |
|
|
- |
|
|
|
31,126 |
|
- |
|
|
14,706 |
|
|
|
14,706 |
|
Lab Equipment |
|
|
98,050 |
|
|
|
- |
|
|
|
69,580 |
|
|
|
193,185 |
|
- |
|
|
152,180 |
|
|
|
221,760 |
|
|
|
|
101,144 |
|
|
|
(3,904 |
) |
|
|
69,580 |
|
|
|
548,256 |
|
- |
|
|
298,633 |
|
|
|
368,213 |
|
|