SEGMENT INFORMATION AND MAJOR CUSTOMERS
|9 Months Ended|
Sep. 30, 2018
|Segment Reporting [Abstract]|
|SEGMENT INFORMATION AND MAJOR CUSTOMERS||
NOTE 17 – SEGMENT INFORMATION AND MAJOR CUSTOMERS
The Company currently has identified three segments as follows:
Reach and PelleChar have had minimal operations through September 30, 2018.
The composition of our reportable segments is consistent with that used by our Chief Operating Decision Maker (“CODM”) to evaluate performance and allocate resources. All of our operations are located in the U.S. We have not allocated corporate selling, general and administrative expenses, and stock-based compensation to the segments. All intercompany transactions have been eliminated.
Segment information for the three months ended September 30, 2018 and 2017 is as follows:
Segment information for the nine months ended September 30, 2018 and 2017 is as follows:
The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.
Reference 1: http://www.xbrl.org/2003/role/presentationRef