Quarterly report pursuant to Section 13 or 15(d)

Segments

v3.22.1
Segments
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Segments Segments
    As of March 31, 2022, we were organized into three 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, 2022 and 2021:
Products and Services Energy Production Corporate, other and elimination (1) Total
Three months ended March 31, 2022
Revenue - external customers $ 6,856,761  $ 581,562  $ —  $ 7,438,323 
Intersegment revenue 95,253  —  (95,253) — 
Total revenue $ 6,952,014  $ 581,562  $ (95,253) $ 7,438,323 
Gross profit $ 2,845,253  $ 245,535  $ —  $ 3,090,788 
Identifiable assets $ 28,785,826  $ 3,978,145  $ —  $ 32,763,971 
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