General form of registration statement for all companies including face-amount certificate companies

Segment Information

v3.8.0.1
Segment Information
 3 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Segment Information

Note 13. Segment Information

  

Operating segments are defined as components of an enterprise about which separate financial information is available and that is evaluated regularly by the chief operating decision maker, or decision–making group in deciding how to allocate resources and in assessing performance. The Company’s chief operating decision maker is the Chief Executive Officer. The Company operates in two segments, Foundry Fabrication Services and RF Filters. 

 

The Company evaluates performance of its operating segments based on revenue and operating profit (loss). Segment information for the three months ended September 30, 2017 and 2016 are as follows: 

 

    Foundry Fabrication Services     RF Filters     Total
                 
Three months ended September 30, 2017                      
Revenue   $ 297,900     $ 3,040     $ 300,940
Cost of revenue     193,029       200       193,229
Gross margin     104,871       2,840       107,711
Research and development     —       3,004,365       3,004,365
General and administrative     —       1,832,622       1,832,622
Loss from Operations   $ 104,871     $ (4,834,147 )   $ (4,729,276)
                       
Three months ended September 30, 2016                      
Revenue   $ —     $ —     $ —
Cost of revenue     —       —       —
Gross margin     —       —       —
Research and development     —       652,576       652,576
General and administrative     —       1,263,243       1,263,243
Loss from Operations   $ —     $ (1,915,819 )   $ (1,915,819)
                       
As of September 30, 2017                      
Accounts receivable   $ 301,580     $ 3,040     $ 304,620
As of June 30, 2017                      
Accounts receivable   $ —     $ —     $ —