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Segment and Geographic Information
 9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment and Geographic Information

12

SEGMENT AND GEOGRAPHIC INFORMATION

Segment reporting is prepared on the same basis that the Company’s Chief Executive Officer, who is the Company’s Chief Operating Decision Maker, manages the business, makes operating decisions and assesses performance. Management has determined that the Company operates in three segments. The Company’s three segments include the Produce business, the Energy business and the Company’s cannabis and hemp segment. The Produce business produces, markets, and sells the product group which consists of premium quality tomatoes, bell peppers and cucumbers. The Energy business produces power that it sells per a long-term contract to its one customer. For segment information regarding the Company’s cannabis and hemp business refer to Note 7 – Investments in Joint Ventures and Minority Interests.

The Company’s primary operations are in the United States and Canada. Segment information is summarized below:

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Produce

$

42,939

 

 

$

37,806

 

 

$

122,356

 

 

$

110,468

 

Energy – Canada

 

98

 

 

 

487

 

 

 

366

 

 

 

1,044

 

 

$

43,037

 

 

$

38,293

 

 

$

122,722

 

 

$

111,512

 

Gross margin

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Produce

$

5,828

 

 

$

(500

)

 

$

10,494

 

 

$

(2,499

)

Energy – Canada

 

(209

)

 

 

(111

)

 

 

(581

)

 

 

(407

)

 

$

5,619

 

 

$

(611

)

 

$

9,913

 

 

$

(2,906

)