Quarterly report pursuant to Section 13 or 15(d)

Segments (Tables)

v3.21.2
Segments (Tables)
6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information The following table presents information by reportable segment for the three and six months ended June 30, 2021 and 2020:
Products and Services Energy Production Corporate, other and elimination (1) Total
Three months ended June 30, 2021
Revenue - external customers $ 5,774,241  $ 370,861  $ —  $ 6,145,102 
Intersegment revenue 56,988  —  (56,988) — 
Total revenue $ 5,831,229  $ 370,861  $ (56,988) $ 6,145,102 
Gross profit $ 2,704,130  $ 138,508  $ —  $ 2,842,638 
Identifiable assets $ 26,804,525  $ 4,514,717  $ —  $ 31,319,242 
Three months ended June 30, 2020
Revenue - external customers $ 7,158,717  $ 276,341  $ —  $ 7,435,058 
Intersegment revenue 83,050  —  (83,050) — 
Total revenue $ 7,241,767  $ 276,341  $ (83,050) $ 7,435,058 
Gross profit $ 2,835,526  $ 70,465  $ —  $ 2,905,991 
Identifiable assets $ 20,343,337  $ 2,973,048  $ 12,557,068  $ 35,873,453 
Six months ended June 30, 2021
Revenue - external customers $ 11,178,107  $ 1,024,156  $ —  $ 12,202,263 
Intersegment revenue 188,504  —  (188,504) — 
Total revenue $ 11,366,611  $ 1,024,156  $ (188,504) $ 12,202,263 
Gross profit $ 5,396,105  $ 397,741  $ —  $ 5,793,846 
Identifiable assets $ 26,804,525  $ 4,514,717  $ —  $ 31,319,242 
Six months ended June 30, 2020
Revenue - external customers $ 14,370,567  $ 1,027,191  $ —  $ 15,397,758 
Intersegment revenue 231,710  —  (231,710) — 
Total revenue $ 14,602,277  $ 1,027,191  $ (231,710) $ 15,397,758 
Gross profit $ 5,361,247  $ 336,911  $ —  $ 5,698,158 
Identifiable assets $ 20,343,337  $ 2,973,048  $ 12,557,068  $ 35,873,453 
(1) Corporate, intersegment revenue, other and elimination includes various corporate assets.