Quarterly report pursuant to sections 13 or 15(d)

Segment Information

v2.3.0.15
Segment Information
 9 Months Ended
Jul. 31, 2011
Segment Information  
Segment Information
9.

SEGMENT INFORMATION

We follow the accounting guidance of ASC 280 "Segment Reporting" ("ASC 280"). Reportable operating segments are determined based on management's approach. The management approach, as defined by ASC 280, is based on the way that the chief operating decision-maker organizes the segments within an enterprise for making operating decisions and assessing performance. While our results of operations are primarily reviewed on a consolidated basis, the chief operating decision-maker also manages the enterprise in two segments: (i) Display Technology and (ii) Encryption Products and Services. The following represents selected financial information for our segments for the nine-month and three- month periods ended July 31, 2011 and 2010:

 

Segment Data    Display
Technology		     Encryption
Products and
Services		     Total  

Nine Months Ended July 31, 2011:

       

Net revenue

    $ 426,000      $ 128,233      $ 554,233   

Net loss

      (3,878,176 )      (708,471 )      (4,586,647 ) 

Nine Months Ended July 31, 2010:

       

Net revenue

    $ 300,000      $ 119,425      $ 419,425   

Net loss

      (2,057,001 )      (1,991,200 )      (4,048,201 ) 

 

Segment Data    Display
Technology		     Encryption
Products and
Services		     Total  

Three Months Ended July 31, 2011:

       

Net revenue

    $ 426,000      $ 24,360      $ 450,360   

Net loss

      (1,576,313 )      (197,185 )      (1,773,498 ) 

Three Months Ended July 31, 2010:

       

Net revenue

    $ -        $ 58,030      $ 58,030   

Net loss

      (821,323 )      (448,810 )      (1,270,133 )