Quarterly report pursuant to Section 13 or 15(d)

Segments

v3.24.3
Segments
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Segments
As of September 30, 2024, 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, services and energy production that we provide to customers and represent our reportable segments. The following table presents information by reportable segment for the three and nine months ended September 30, 2024 and 2023:
Products Services Energy Production Corporate, other and elimination (1) Total
Three Months Ended September 30, 2024
Revenue - external customers $ 1,391,016  $ 3,850,551  $ 388,563  $ —  $ 5,630,130 
Intersegment revenue —  59,156  —  (59,156) $ — 
Total revenue $ 1,391,016  $ 3,909,707  $ 388,563  $ (59,156) $ 5,630,130 
Gross profit $ 593,806  $ 1,711,510  $ 175,598  $ —  $ 2,480,914 
Identifiable assets $ 9,200,050  $ 12,414,637  $ 3,077,535  $ 2,788,065  $ 27,480,287 
Nine Months Ended September 30, 2024
Revenue - external customers $ 3,002,087  $ 11,991,378  $ 1,550,549  $ —  $ 16,544,014 
Intersegment revenue —  258,356  —  (258,356) $ — 
Gross profit $ 983,353  $ 5,568,264  $ 584,109  $ —  $ 7,135,726 
Identifiable assets $ 9,200,050  $ 12,414,637  $ 3,077,535  $ 2,788,065  $ 27,480,287 
Three Months Ended September 30, 2023
Revenue - external customers $ 2,938,789  $ 3,842,600  $ 331,141  $ —  $ 7,112,530 
Intersegment revenue —  48,085  —  (48,085) — 
Total revenue $ 2,938,789  $ 3,890,685  $ 331,141  $ (48,085) $ 7,112,530 
Gross profit $ 1,269,042  $ 1,496,216  $ 160,763  $ —  $ 2,926,021 
Identifiable assets $ 10,591,087  $ 13,270,545  $ 3,203,776  $ 2,121,337  $ 29,186,745 
Nine Months Ended September 30, 2023
Revenue - external customers $ 7,094,556  $ 10,931,744  $ 1,214,806  $ —  $ 19,241,106 
Intersegment revenue —  202,442  —  (202,442) — 
Total revenue $ 7,094,556  $ 11,134,186  $ 1,214,806  $ (202,442) $ 19,241,106 
Gross profit $ 2,593,785  $ 4,771,889  $ 486,682  $ —  $ 7,852,356 
Identifiable assets $ 10,591,087  $ 13,270,545  $ 3,203,776  $ 2,121,337  $ 29,186,745 
(1) Corporate, intersegment revenue, other and elimination includes various corporate assets.