Schedule of Segment Reporting Information |
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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