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Segment Information
12 Months Ended
Oct. 31, 2011
Segment Information [Abstract]  
Segment Information
10. 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 years ended October 31, 2011 and 2010:

 

Segment Data

   Display
Technology
    Encryption
Products and
Services
    Total  

Year Ended October 31, 2011:

      

Net revenue

   $ 872,670      $ 130,523      $ 1,003,193   

Net loss

     (6,375,280     (1,002,756     (7,378,036

Stock option compensation to employees and consultants

     595,461        190,555        786,016   

Stock awards granted to employees and consultants pursuant to stock incentive plans

     1,548,481        383,875        1,932,356   

Total assets

     8,002,742        643,090        8,645,832   

Investment in Videocon

     5,382,051        —          5,382,051   

Investment in Volga-Svet

     127,500        —          127,500   

Year Ended October 31, 2010:

      

Net revenue

   $ 600,000      $ 130,675      $ 730,675   

Net loss

     (2,835,631     (2,339,500     (5,175,131

Stock option compensation to employees and consultants

     326,309        423,084        749,393   

Stock awards granted to employees and consultants pursuant to stock incentive plans

     1,064,553        843,511        1,908,063   

Total assets

     9,319,364        726,712        10,046,076   

Investment in Videocon

     8,524,821        —          8,524,821   

Investment in DISC

     —          143,989        143,989   

Investment in Volga-Svet

     127,500        —          127,500   

Geographic Information

We generate revenue both domestically (United States) and internationally. International revenue is based on the country in which our customer (distributor) is located. For the years ended October 31, 2011 and 2010, and as of each respective year-end, revenue and accounts receivable by geographic area are as follows:

 

Geographic Data

   2011      2010  

Net revenue:

     

United States

   $ 101,823       $ 86,255   

Taiwan

     872,670         —     

India

     —           600,000   

Other International

     28,700         44,420   
  

 

 

    

 

 

 
   $ 1,003,193       $ 730,675