Quarterly report pursuant to Section 13 or 15(d)

Segments

v3.21.1
Segments
 3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Segments Segments
    As of March 31, 2021, we were organized into two operating segments through which senior management evaluates our business. These segments, as described in more detail in Note 1, are organized around the products and services provided to customers and represent our reportable segments. The following table presents information by reportable segment for the three months ended March 31, 2021 and 2020:
 Products and Services Energy Production Corporate, other and elimination (1) Total
Three months ended March 31, 2021
Revenue - external customers $ 5,403,866  $ 653,295  $ —  $ 6,057,161 
Intersegment revenue 131,516  —  (131,516) — 
   Total revenue $ 5,535,382  $ 653,295  $ (131,516) $ 6,057,161 
Gross profit $ 2,691,976  $ 259,232  $ —  $ 2,951,208 
Identifiable assets $ 26,997,887  $ 4,602,323  $ —  $ 31,600,210 
Three months ended March 31, 2020
Revenue - external customers $ 7,211,850  $ 750,850  $ —  $ 7,962,700 
Intersegment revenue 148,660  —  (148,660) — 
   Total revenue $ 7,360,510  $ 750,850  $ (148,660) $ 7,962,700 
Gross profit $ 2,525,721  $ 266,446  $ —  $ 2,792,167 
Identifiable assets $ 19,018,898  $ 3,244,076  $ 16,192,488  $ 38,455,462 
(1) Corporate, intersegment revenue, other and elimination includes various corporate assets.