Annual report pursuant to Section 13 and 15(d)

10. SEGMENTS

v3.7.0.1
10. SEGMENTS
12 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
SEGMENTS

We operate our businesses principally through two reportable segments: Aethlon, which represents our therapeutic business activities, and ESI, which represents our diagnostic business activities. Our reportable segments have been determined based on the nature of the potential products being developed. We record discrete financial information for ESI and our chief operating decision maker reviews ESI’s operating results in order to make decisions about resources to be allocated to the ESI segment and to assess its performance.

 

Aethlon’s revenue is generated primarily from government contracts to date and ESI does not yet have any revenues. We have not included any allocation of corporate overhead to the ESI segment.

 

The following tables set forth certain information regarding our segments:

 

    Fiscal Years Ended March 31,  
    2017     2016  
Revenues:            
Aethlon   $ 392,073     $ 886,572  
ESI            
Total Revenues   $ 392,073     $ 886,572  
                 
Operating Losses:                
Aethlon   $ (5,945,293 )   $ (3,953,402 )
ESI     (153,064 )     (431,432 )
Total Operating Loss   $ (6,098,357 )   $ (4,384,834 )
                 
Net Losses:                
Aethlon   $ (7,153,662 )   $ (4,527,184 )
ESI     (153,064 )     (431,432 )
Net Loss Before Non-Controlling Interests   $ (7,306,726 )   $ (4,958,616 )
                 
Cash:                
Aethlon   $ 1,558,667     $ 2,114,285  
ESI     1,034       9,452  
Total Cash   $ 1,559,701     $ 2,123,737  
                 
Total Assets:                
Aethlon   $ 1,698,249     $ 2,475,686  
ESI     28,119       53,430  
Total Assets   $ 1,726,368     $ 2,529,116  
                 
Capital Expenditures:                
Aethlon   $ 16,433     $ 9,307  
ESI            
Capital Expenditures   $ 16,433     $ 9,307  
                 
Depreciation and Amortization:                
Aethlon   $ 22,370     $ 18,943  
ESI     10,043       19,581  
Total Depreciation and Amortization   $ 32,413     $ 38,524  
                 
Interest Expense:                
Aethlon   $ 304,330     $ 573,782  
ESI            
Total Interest Expense   $ 304,330     $ 573,782