Annual report pursuant to Section 13 and 15(d)

Segments (Notes)

v3.19.1
Segments (Notes)
 12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Segments
Segments
As of December 31, 2018, the Company was organized into two operating segments through which senior management evaluates the Company’s business. These segments, as described in more detail in Note 1, are organized around the products and services provided to customers and represent the Company’s reportable segments. Prior to the acquisition of ADGE (see Note 4. "Acquisition of American DG Energy Inc."), the Company’s operations were comprised of a single segment.The following table presents information by reportable segment for the years ended December 31, 2018 and 2017:
 
 
 Products and Services
 
Energy Production
 
Corporate, other and elimination (1)
 
Total
Year ended December 31, 2018
 
 
 
 
 
 
 
 
Revenue - external customers
 
$
29,484,158

 
$
6,399,526

 
$
—

 
$
35,883,684

Intersegment revenue
 
1,211,148

 
—

 
(1,211,148
)
 
—

   Total revenue
 
30,695,306

 
6,399,526

 
(1,211,148
)
 
35,883,684

Gross profit
 
10,993,490

 
2,598,372

 
—

 
13,591,862

Identifiable assets
 
27,566,921

 
22,337,472

 
—

 
49,904,393

 
 
 
 
 
 
 
 
 
Year ended December 31, 2017
 
 
 
 
 
 
 
 
Revenue - external customers
 
$
29,368,726

 
$
3,833,940

 
$
—

 
$
33,202,666

Intersegment revenue
 
750,692

 
—

 
(750,692
)
 
—

   Total revenue
 
30,119,418

 
3,833,940

 
(750,692
)
 
33,202,666

Gross profit
 
11,154,982

 
1,799,422

 
—

 
12,954,404

Identifiable assets
 
24,234,505

 
26,436,571

 
—

 
50,671,076

(1) Corporate, intersegment revenue, other and elimination includes various corporate assets.