Segment and Related Information

12 Months Ended

Dec. 31, 2017

NOTE 16 - SEGMENT AND RELATED INFORMATION

Historically, the Company had one operating segment. However, with the acquisition of The Mid-Atlantic segment during the nine months ended September 30, 2017, the Company’s operations were managed through two operating segments: Mid-Atlantic and Midwest regions. Both these segments are now included in discontinued operations. The Company has shifted its focus and now operates 2 new lines of business currently: technologies (the “Technologies Business”) through its wholly-owned subsidiary, Mobile Science Technologies, Inc.; and innovations (the “Innovations Business”) through its wholly-owned subsidiary, Attis Innovations, LLC. Meridian’s Technologies Business centers on creating community-based synergies through healthcare collaborations and software solutions and the Innovation Business strives to create value from recovered resources, through advanced byproduct technologies and assets found in downstream production. These two operating segments and corporate are presented below as its reportable segments.

Summarized financial information concerning our reportable segments for the nine months ended September 30, 2017 is shown in the following table:

	Service Revenues		Net Income (loss)			Depreciation and Amortization		Capital Expenditures		Goodwill		Total Assets

Technologies	$	890,000	$	(1,800,000	)	$	131,000	$	-	$	5,300,000	$	9,100,000
Innovations		-		(575,000	)		23,000		3,500		-		3,700,000
Corporate		-		(9,525,000	)		70,000		150,000		-		1,200,000
Total	$	890,000	$	(11,900,000	)	$	224,000	$	153,500	$	5,300,000	$	14,000,000