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v3.22.2.2

Segment information (Tables) | 9 Months Ended
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Sep. 30, 2022
Segment information |
Schedule of segment reporting information, by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended September 30, 2022
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Revenue | ​ | $ | 6,274,650 | ​ | $ | 8,667,931 | ​ | $ | 8,731,124 | ​ | $ | 1,378,000 |  | $ | 25,051,705
Cost of revenue | ​ |  | 3,231,973 | ​ |  | 6,446,549 | ​ |  | 7,333,982 | ​ |  | 1,195,428 | ​ |  | 18,207,932
Gross profit | ​ |  | 3,042,677 | ​ |  | 2,221,382 | ​ |  | 1,397,142 | ​ |  | 182,572 | ​ |  | 6,843,773
General and administrative expenses | ​ |  | 3,818,459 | ​ |  | 473,534 | ​ |  | 936,708 | ​ |  | 381,949 | ​ |  | 5,610,650
Gain on asset dispositions | ​ |  | 1,499 | ​ |  | 2,000 | ​ |  | — | ​ |  | — | ​ |  | 3,499
Income (loss) from operations | ​ | $ | (774,283) | ​ | $ | 1,749,848 | ​ | $ | 460,434 | ​ | $ | (199,377) | ​ |  | 1,236,622
Other income (loss), net | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ |  |  | ​ |  | (168,980)
Income before income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 1,067,642
Income tax provision | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 26,616
Net income from continuing operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 1,041,026
Income from continuing operations attributable to non-controlling interests | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 217,415
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 823,611
Loss from discontinued operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | (505,917)
Net income attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | $ | 317,694
​ Depreciation and amortization expenses for the three months ended September 30, 2022 for the retail, bulk, services and manufacturing segments were $567,086, $707,788, $175,732 and $71,734, respectively. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended September 30, 2021
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Revenue | ​ | $ | 5,247,042 | ​ | $ | 6,868,134 | ​ | $ | 3,210,584 | ​ | $ | 1,087,386 | ​ | $ | 16,413,146
Cost of revenue | ​ |  | 2,745,796 | ​ |  | 4,628,386 | ​ |  | 2,410,430 | ​ |  | 937,935 | ​ |  | 10,722,547
Gross profit | ​ |  | 2,501,246 | ​ |  | 2,239,748 | ​ |  | 800,154 | ​ |  | 149,451 | ​ |  | 5,690,599
General and administrative expenses | ​ |  | 3,067,696 | ​ |  | 313,420 | ​ |  | 758,540 | ​ |  | 219,384 | ​ |  | 4,359,040
Gain on asset dispositions | ​ |  | 612 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 612
Income (loss) from operations | ​ | $ | (565,838) | ​ | $ | 1,926,328 | ​ | $ | 41,614 | ​ | $ | (69,933) | ​ |  | 1,332,171
Other income, net | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 152,168
Income before income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 1,484,339
Income tax benefit | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | (11,230)
Net income from continuing operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 1,495,569
Income attributable to non-controlling interests | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 131,609
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 1,363,960
Loss from discontinued operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | (1,078,367)
Net income attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | $ | 285,593
​ Depreciation and amortization expenses for the three months ended September 30, 2021 for the retail, bulk, services and manufacturing segments were $625,640, $761,429, $203,411 and $70,679, respectively. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Nine Months Ended September 30, 2022
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Revenue | ​ | $ | 19,114,653 | ​ | $ | 24,442,324 | ​ | $ | 18,530,427 | ​ | $ | 3,589,333 |  | $ | 65,676,737
Cost of revenue | ​ |  | 9,404,124 | ​ |  | 16,781,251 | ​ |  | 14,849,029 | ​ |  | 3,177,299 | ​ |  | 44,211,703
Gross profit | ​ |  | 9,710,529 | ​ |  | 7,661,073 | ​ |  | 3,681,398 | ​ |  | 412,034 | ​ |  | 21,465,034
General and administrative expenses | ​ |  | 10,613,975 | ​ |  | 1,187,909 | ​ |  | 2,554,721 | ​ |  | 1,046,853 | ​ |  | 15,403,458
Gain on asset dispositions | ​ |  | 2,699 | ​ |  | 2,000 | ​ |  | 16,538 | ​ |  | — | ​ |  | 21,237
Income (loss) from operations | ​ | $ | (900,747) | ​ | $ | 6,475,164 | ​ | $ | 1,143,215 | ​ | $ | (634,819) | ​ |  | 6,082,813
Other income, net | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ |  |  | ​ | ​ | 548,729
Income before income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 6,631,542
Income tax provision | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 83,041
Net income from continuing operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 6,548,501
Income from continuing operations attributable to non-controlling interests | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 691,042
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 5,857,459
Loss from discontinued operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | (1,533,064)
Net income attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | $ | 4,324,395
​ Depreciation and amortization expenses for the nine months ended September 30, 2022 for the retail, bulk, services and manufacturing segments were $1,820,567, $2,114,888, $502,809 and $213,249, respectively. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Nine Months Ended September 30, 2021
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Revenue | ​ | $ | 16,633,137 | ​ | $ | 19,826,075 | ​ | $ | 10,514,669 | ​ | $ | 3,244,106 | ​ | $ | 50,217,987
Cost of revenue | ​ |  | 8,235,699 | ​ |  | 13,170,333 | ​ |  | 8,010,767 | ​ |  | 2,919,226 | ​ |  | 32,336,025
Gross profit | ​ |  | 8,397,438 | ​ |  | 6,655,742 | ​ |  | 2,503,902 | ​ |  | 324,880 | ​ |  | 17,881,962
General and administrative expenses | ​ |  | 9,757,179 | ​ |  | 994,779 | ​ |  | 2,152,145 | ​ |  | 943,727 | ​ |  | 13,847,830
Gain (loss) on asset dispositions and impairments, net | ​ |  | (246,028) | ​ |  | 1,500 | ​ |  | (433) | ​ |  | (2,900,000) | ​ |  | (3,144,961)
Income (loss) from operations | ​ | $ | (1,605,769) | ​ | $ | 5,662,463 | ​ | $ | 351,324 | ​ | $ | (3,518,847) | ​ |  | 889,171
Other income, net | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 699,890
Income before income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 1,589,061
Income tax benefit | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (20,735)
Net income from continuing operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 1,609,796
Income from continuing operations attributable to non-controlling interests | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 457,540
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 1,152,256
Loss from discontinued operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | (1,542,540)
Net loss attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | $ | (390,284)
​ Depreciation and amortization expenses for the nine months ended September 30, 2021 for the retail, bulk, services and manufacturing segments were $1,892,848, $2,621,481, $607,906 and $216,346, respectively. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of September 30, 2022
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Accounts receivable, net | ​ | $ | 2,512,908 | ​ | $ | 15,491,003 | ​ | $ | 4,948,103 | ​ | $ | 1,400,473 | ​ | $ | 24,352,487
Inventory, current and non-current | ​ | $ | 2,766,577 | ​ | $ | 4,218,974 | ​ | $ | — | ​ | $ | 1,950,770 | ​ | $ | 8,936,321
Property, plant and equipment, net | ​ | $ | 24,817,595 | ​ | $ | 23,171,096 | ​ | $ | 679,506 | ​ | $ | 1,568,549 | ​ | $ | 50,236,746
Construction in progress | ​ | $ | 2,557,180 | ​ | $ | — | ​ | $ | — | ​ | $ | 61,792 | ​ | $ | 2,618,972
Intangibles, net | ​ | $ | — | ​ | $ | — | ​ | $ | 2,181,388 | ​ | $ | 777,778 | ​ | $ | 2,959,166
Goodwill | ​ | $ | 1,170,511 | ​ | $ | 1,948,875 | ​ | $ | 5,320,416 | ​ | $ | 1,985,211 | ​ | $ | 10,425,013
Total segment assets | ​ | $ | 67,462,955 | ​ | $ | 61,756,965 | ​ | $ | 23,657,779 | ​ | $ | 10,492,818 | ​ | $ | 163,370,517
Assets of discontinued operations | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 21,640,235
Total assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 185,010,752
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of December 31, 2021
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Accounts receivable, net | ​ | $ | 2,601,619 | ​ | $ | 21,682,951 | ​ | $ | 1,698,797 | ​ | $ | 1,365,940 | ​ | $ | 27,349,307
Inventory, current and non-current | ​ | $ | 2,787,277 | ​ | $ | 3,860,808 | ​ | $ | — | ​ | $ | 589,757 | ​ | $ | 7,237,842
Property, plant and equipment, net | ​ | $ | 26,357,390 | ​ | $ | 24,476,936 | ​ | $ | 512,493 | ​ | $ | 1,599,720 | ​ | $ | 52,946,539
Construction in progress | ​ | $ | 617,334 | ​ | $ | 31,737 | ​ | $ | — | ​ | $ | 61,792 | ​ | $ | 710,863
Intangibles, net | ​ | $ | — | ​ | $ | — | ​ | $ | 2,553,888 | ​ | $ | 847,778 | ​ | $ | 3,401,666
Goodwill | ​ | $ | 1,170,511 | ​ | $ | 1,948,875 | ​ | $ | 5,320,416 | ​ | $ | 1,985,211 | ​ | $ | 10,425,013
Total segment assets | ​ | $ | 61,736,441 | ​ | $ | 68,723,405 | ​ | $ | 16,049,001 | ​ | $ | 8,198,280 | ​ | $ | 154,707,127
Assets of discontinued operations | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ | $ | 22,319,927
Total assets | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ | $ | 177,027,054

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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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=121556970&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 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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