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Segment information (Tables) | 6 Months Ended
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Jun. 30, 2020
Segment information |
Schedule of segment reporting information, by segment | The Company’s segments are strategic business units that are managed separately because each segment sells different products and/or services, serves customers with distinctly different needs and generates different gross profit margins. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended June 30, 2020
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Revenue | ​ | $ | 5,966,296 | ​ | $ | 5,866,397 | ​ | $ | 3,476,000 | ​ | $ | 3,778,554 |  | $ | 19,087,247
Cost of revenue | ​ |  | 2,769,497 | ​ |  | 3,941,309 | ​ |  | 2,631,513 | ​ |  | 2,441,785 | ​ |  | 11,784,104
Gross profit | ​ |  | 3,196,799 | ​ |  | 1,925,088 | ​ |  | 844,487 | ​ |  | 1,336,769 | ​ |  | 7,303,143
General and administrative expenses | ​ |  | 3,266,782 | ​ |  | 261,100 | ​ |  | 1,014,765 | ​ |  | 318,381 | ​ |  | 4,861,028
Loss on asset dispositions and impairments, net | ​ |  | — | ​ |  | — | ​ |  | (3,030,420) | ​ |  | — | ​ |  | (3,030,420)
Income (loss) from operations | ​ | $ | (69,983) | ​ | $ | 1,663,988 | ​ | $ | (3,200,698) | ​ | $ | 1,018,388 | ​ |  | (588,305)
Other expense, net | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ |  |  | ​ |  | (155,115)
Loss before income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | (743,420)
Provision for income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 204,268
Net loss | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | (947,688)
Income attributable to non-controlling interests | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 180,154
Net loss attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | $ | (1,127,842)
​ Depreciation and amortization expenses for the three months ended June 30, 2020 for the retail, bulk, services and manufacturing segments were $595,247, $967,064, $189,723 and $82,340, respectively. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended June 30, 2019
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Revenue | ​ | $ | 6,983,515 | ​ | $ | 6,941,051 | ​ | $ | 90,792 | ​ | $ | 4,289,902 | ​ | $ | 18,305,260
Cost of revenue | ​ |  | 2,982,758 | ​ |  | 4,768,122 | ​ |  | 45,094 | ​ |  | 2,956,537 | ​ |  | 10,752,511
Gross profit | ​ |  | 4,000,757 | ​ |  | 2,172,929 | ​ |  | 45,698 | ​ |  | 1,333,365 | ​ |  | 7,552,749
General and administrative expenses | ​ |  | 3,405,421 | ​ |  | 344,971 | ​ |  | 779,882 | ​ |  | 464,718 | ​ |  | 4,994,992
Gain on asset dispositions and impairments, net | ​ |  | 397,301 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 397,301
Income (loss) from operations | ​ | $ | 992,637 | ​ | $ | 1,827,958 | ​ | $ | (734,184) | ​ | $ | 868,647 | ​ |  | 2,955,058
Other income, net | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 50,333
Income before income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 3,005,391
Provision for income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 64,233
Net income | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 2,941,158
Income attributable to non-controlling interests | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 464,896
Net income attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | $ | 2,476,262
​ Depreciation and amortization expenses for the three months ended June 30, 2019 for the retail, bulk, services and manufacturing segments were $615,363, $976,437, $1,137 and $215,713, respectively. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Six Months Ended June 30, 2020
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Revenue | ​ | $ | 13,223,728 | ​ | $ | 12,306,681 | ​ | $ | 6,590,813 | ​ | $ | 7,691,746 |  | $ | 39,812,968
Cost of revenue | ​ |  | 5,756,117 | ​ |  | 8,505,889 | ​ |  | 4,905,033 | ​ |  | 4,902,465 | ​ |  | 24,069,504
Gross profit | ​ |  | 7,467,611 | ​ |  | 3,800,792 | ​ |  | 1,685,780 | ​ |  | 2,789,281 | ​ |  | 15,743,464
General and administrative expenses | ​ |  | 6,640,621 | ​ |  | 553,146 | ​ |  | 2,145,903 | ​ |  | 675,115 | ​ |  | 10,014,785
Gain (loss) on asset dispositions and impairments, net | ​ |  | — | ​ |  | 200 | ​ |  | (3,030,840) | ​ |  | — | ​ |  | (3,030,640)
Income (loss) from operations | ​ | $ | 826,990 | ​ | $ | 3,247,846 | ​ | $ | (3,490,963) | ​ | $ | 2,114,166 | ​ |  | 2,698,039
Other income, net | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ |  |  | ​ | ​ | 14,229
Income before income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 2,712,268
Provision for income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 410,351
Net income | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 2,301,917
Income attributable to non-controlling interests | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 541,152
Net income attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | $ | 1,760,765
​ Depreciation and amortization expenses for the six months ended June 30, 2020 for the retail, bulk, services and manufacturing segments were $1,200,060, $1,934,299, $373,609 and $208,474, respectively. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Six Months Ended June 30, 2019
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Revenue | ​ | $ | 13,670,175 | ​ | $ | 14,052,364 | ​ | $ | 191,369 | ​ | $ | 7,379,876 | ​ | $ | 35,293,784
Cost of revenue | ​ |  | 5,808,362 | ​ |  | 9,722,713 | ​ |  | 167,013 | ​ |  | 5,080,644 | ​ |  | 20,778,732
Gross profit | ​ |  | 7,861,813 | ​ |  | 4,329,651 | ​ |  | 24,356 | ​ |  | 2,299,232 | ​ |  | 14,515,052
General and administrative expenses | ​ |  | 6,522,699 | ​ |  | 606,383 | ​ |  | 1,265,767 | ​ |  | 978,177 | ​ |  | 9,373,026
Gain on asset dispositions and impairments, net | ​ |  | 394,570 | ​ |  | 46,500 | ​ |  | — | ​ |  | — | ​ |  | 441,070
Income (loss) from operations | ​ | $ | 1,733,684 | ​ | $ | 3,769,768 | ​ | $ | (1,241,411) | ​ | $ | 1,321,055 | ​ |  | 5,583,096
Other income, net | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 310,423
Income before income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 5,893,519
Provision for income taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 113,192
Net income from continuing operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 5,780,327
Income from continuing operations attributable to non-controlling interests | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 738,804
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 5,041,523
Net income from discontinued operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 3,621,170
Net income attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | $ | 8,662,693
​ Depreciation and amortization expenses for the six months ended June 30, 2019 for the retail, bulk, services and manufacturing segments were $1,133,377, $1,924,126, $2,273 and $492,766, respectively. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of June 30, 2020
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Accounts receivable, net | ​ | $ | 2,872,089 | ​ | $ | 20,126,330 | ​ | $ | 1,537,453 | ​ | $ | 2,322,712 | ​ | $ | 26,858,584
Inventory, current and non-current | ​ | $ | 2,758,051 | ​ | $ | 4,138,547 | ​ | $ | — | ​ | $ | 2,909,892 | ​ | $ | 9,806,490
Property, plant and equipment, net | ​ | $ | 28,701,759 | ​ | $ | 29,253,459 | ​ | $ | 254,930 | ​ | $ | 1,598,177 | ​ | $ | 59,808,325
Construction in progress | ​ | $ | 225,663 | ​ | $ | 31,737 | ​ | $ | — | ​ | $ | 142,063 | ​ | $ | 399,463
Intangibles, net | ​ | $ | — | ​ | $ | — | ​ | $ | 3,538,889 | ​ | $ | 1,034,444 | ​ | $ | 4,573,333
Goodwill | ​ | $ | 1,170,511 | ​ | $ | 1,948,875 | ​ | $ | 5,320,416 | ​ | $ | 4,885,211 | ​ | $ | 13,325,013
Land and rights of way | ​ | $ | — | ​ | $ | — | ​ | $ | 21,126,898 | ​ | $ | — | ​ | $ | 21,126,898
Total segment assets | ​ | $ | 52,401,338 | ​ | $ | 72,695,342 | ​ | $ | 37,569,235 | ​ | $ | 18,159,008 | ​ | $ | 180,824,923
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of December 31, 2019
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Accounts receivable, net | ​ | $ | 2,891,165 | ​ | $ | 18,883,493 | ​ | $ | 954,149 | ​ | $ | 500,882 | ​ | $ | 23,229,689
Inventory, current and non-current | ​ | $ | 2,668,902 | ​ | $ | 3,628,443 | ​ | $ | — | ​ | $ | 1,394,588 | ​ | $ | 7,691,933
Property, plant and equipment, net | ​ | $ | 29,177,718 | ​ | $ | 30,281,647 | ​ | $ | 168,585 | ​ | $ | 1,621,029 | ​ | $ | 61,248,979
Construction in progress | ​ | $ | 396,214 | ​ | $ | 869,792 | ​ | $ | — | ​ | $ | 69,591 | ​ | $ | 1,335,597
Intangibles, net | ​ | $ | — | ​ | $ | — | ​ | $ | 3,877,222 | ​ | $ | 1,162,778 | ​ | $ | 5,040,000
Goodwill | ​ | $ | 1,170,511 | ​ | $ | 1,948,875 | ​ | $ | 5,320,416 | ​ | $ | 4,885,211 | ​ | $ | 13,325,013
Land and rights of way | ​ | $ | — | ​ | $ | — | ​ | $ | 24,162,523 | ​ | $ | — | ​ | $ | 24,162,523
Total segment assets | ​ | $ | 65,554,640 | ​ | $ | 69,423,770 | ​ | $ | 42,459,177 | ​ | $ | 14,854,557 | ​ | $ | 192,292,144

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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