Annual report pursuant to Section 13 and 15(d)

Segments (Notes)

v3.24.1
Segments (Notes)
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Segments Segments
As of December 31, 2023, we were organized into three operating segments through which senior management evaluates our business. These segments, as described in more detail in Note 1. "Nature of Business and Operations", are organized around the products and services provided to customers and represent our reportable segments. Prior to the acquisition of ADGE (see Note 4. "Acquisition of American DG Energy Inc."), our operations consisted of a single segment. The following table presents information by reportable segment for the years ended December 31, 2023 and 2022:
Products Services Energy Production Corporate, other and elimination (1) Total
Year ended December 31, 2023
Revenue - external customers $ 8,859,946  $ 14,523,054  $ 1,756,419  $ —  $ 25,139,419 
Intersegment revenue —  306,652  —  (306,652) — 
Total revenue $ 8,859,946  $ 14,829,706  $ 1,756,419  $ (306,652) $ 25,139,419 
Gross profit $ 2,936,850  $ 6,613,852  $ 650,916  $ —  $ 10,201,618 
Identifiable assets $ 8,990,275  $ 12,802,651  $ 3,269,013  $ 2,730,690  $ 27,792,629 
Year ended December 31, 2022
Revenue - external customers $ 11,156,099  $ 12,060,661  $ 1,785,854  $ —  $ 25,002,614 
Intersegment revenue —  310,816  —  (310,816) — 
Total revenue $ 11,156,099  $ 12,371,477  $ 1,785,854  $ (310,816) $ 25,002,614 
Gross profit $ 3,742,779  $ 6,535,168  $ 788,864  $ —  $ 11,066,811 
Identifiable assets $ 10,434,727  $ 9,854,279  $ 3,744,913  $ 4,218,938  $ 28,252,857 
(1) Corporate, intersegment revenue, other and elimination includes various corporate assets.