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14. Revenues
A breakdown of our revenues by type for the three months ended November 30, 2022 and 2021 are as follows:
During the period ended November 30, 2022, the Company recognized B2B product revenues of $29,100 (2021 - $7,000) that relate to sales of our intermediate products for use by B2B customers in their products. Licensing revenue consist of IP licensing fees for transfer of the DehydraTECH technology in line with definitive agreements and also includes royalty fees. The Company recognized $63,435 (2021 - $Nil) in licensing revenue in the same period. |
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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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