| Segments |
Segments As of September 30, 2023, we were organized into three (3) 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 and nine months ended September 30, 2023 and 2022:
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Products |
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Services |
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Energy Production |
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Corporate, other and elimination (1) |
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Total |
| Three Months Ended September 30, 2023 |
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| Revenue - external customers |
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$ |
2,938,789 |
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$ |
3,842,600 |
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$ |
331,141 |
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$ |
— |
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$ |
7,112,530 |
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| Intersegment revenue |
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— |
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48,085 |
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— |
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(48,085) |
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— |
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| Total revenue |
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$ |
2,938,789 |
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$ |
3,890,685 |
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$ |
331,141 |
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$ |
(48,085) |
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$ |
7,112,530 |
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| Gross profit |
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$ |
1,269,042 |
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$ |
1,496,216 |
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$ |
160,763 |
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$ |
— |
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$ |
2,926,021 |
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| Identifiable assets |
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$ |
10,591,087 |
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$ |
13,270,545 |
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$ |
3,203,776 |
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$ |
2,121,337 |
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$ |
29,186,745 |
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| Nine Months Ended September 30, 2023 |
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| Revenue - external customers |
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$ |
7,094,556 |
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$ |
10,931,744 |
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$ |
1,214,806 |
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$ |
— |
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$ |
19,241,106 |
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| Intersegment revenue |
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— |
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202,442 |
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— |
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(202,442) |
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— |
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| Total revenue |
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$ |
7,094,556 |
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$ |
11,134,186 |
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$ |
1,214,806 |
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$ |
(202,442) |
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$ |
19,241,106 |
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| Gross profit |
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$ |
2,593,785 |
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$ |
4,771,889 |
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$ |
486,682 |
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$ |
— |
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$ |
7,852,356 |
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| Identifiable assets |
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$ |
10,591,087 |
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$ |
13,270,545 |
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$ |
3,203,776 |
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$ |
2,121,337 |
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$ |
29,186,745 |
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| Three Months Ended September 30, 2022 |
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| Revenue - external customers |
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$ |
3,206,732 |
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$ |
3,078,604 |
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$ |
332,774 |
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$ |
— |
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$ |
6,618,110 |
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| Intersegment revenue |
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— |
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41,390 |
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— |
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(41,390) |
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— |
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| Total revenue |
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$ |
3,206,732 |
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$ |
3,119,994 |
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$ |
332,774 |
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$ |
(41,390) |
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$ |
6,618,110 |
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| Gross profit |
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$ |
1,132,489 |
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$ |
1,596,249 |
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$ |
164,596 |
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$ |
— |
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$ |
2,893,334 |
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| Identifiable assets |
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$ |
10,639,810 |
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$ |
10,308,988 |
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$ |
3,754,321 |
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$ |
5,368,204 |
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$ |
30,071,323 |
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| Nine Months Ended September 30, 2022 |
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| Revenue - external customers |
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$ |
10,156,328 |
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$ |
9,046,075 |
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$ |
1,268,623 |
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$ |
— |
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$ |
20,471,026 |
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| Intersegment revenue |
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— |
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199,059 |
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— |
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(199,059) |
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— |
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| Total revenue |
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$ |
10,156,328 |
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$ |
9,245,134 |
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$ |
1,268,623 |
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$ |
(199,059) |
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$ |
20,471,026 |
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| Gross profit |
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$ |
3,421,863 |
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$ |
4,723,382 |
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$ |
542,326 |
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$ |
— |
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$ |
8,687,571 |
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| Identifiable assets |
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$ |
10,639,810 |
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$ |
10,308,988 |
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$ |
3,754,321 |
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$ |
5,368,204 |
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$ |
30,071,323 |
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| (1) Corporate, intersegment revenue, other and elimination includes various corporate assets. |
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