SEGMENT REPORTING |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| SEGMENT REPORTING | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| SEGMENT REPORTING | NOTE 7 – SEGMENT REPORTING:
Management does not segregate its business for internal reporting. The Company's Chief Operating Decision Maker (“CODM”), who is the CEO, evaluates the Company's performance based on net losses its unified internal reporting, which is consistent with the presentation in the Company’s financial statements. Net loss is used to make key operating decisions, such as allocation of resources between the company’s cost. The CODM uses many quantitative and qualitative factors, including net loss and quarterly cash burn, to benchmark the Company against its competitors. The competitive analysis, along with monitoring budgeted versus actual results, is used to assess segment performance and establish management’s compensation. Significant segment expenses are presented in the Company’s statements of operations. Additional disaggregated significant segment expenses on a functional basis that are not separately presented on the Company’s statements of operations are presented below:
* - Other Segment Items included in net loss include finance income. |
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