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Segment and Geographic Information | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Segment and Geographic Information |
18 | 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 four segments. The Company’s four segments include Produce, Cannabis-Canada, Cannabis-U.S. and Energy. The Produce segment produces, markets and sells premium quality tomatoes, bell peppers and cucumbers. The Cannabis-Canada segment produces and supplies cannabis products to be sold to other licensed providers and provincial governments across Canada and internationally. The Cannabis-U.S. segment develops and sells high-quality, CBD-based health and wellness products including ingestible, edible and topical applications. The Energy business produces power that it sells pursuant to a long-term contract to its one customer. For years ended December 31, 2021 and 2020, approximately 48% and 79%, respectively, of the Company’s total sales were in the United States. In 2021 the Company had two customers that individually represented more than 10% of total sales, comprising of 20.1% and 10.6% of sales, respectively. In 2020, the Company had two customers that individually represented more than 10% of its sales, comprising of 12.7% and 12.5% of sales, respectively. As of December 31, 2021, the Company’s trade receivables had one customer that represented more than 10% of the balance of trade receivables, representing 29.0% of the balance. As of December 31, 2020, the Company’s trade receivables had two customers that represented more than 10% of the balance of trade receivables, representing 26.3% of the balance. The Company’s primary operations are in the United States and Canada. Segment information as of and for the years ended December 31, 2021, 2020 and 2019:
|  | 2021 |  |  | 2020 |  |  | 2019 |
Sales |  |  |  |  |  |  |  |  |  |  |  |
Produce |  | $ | 159,778 |  |  | $ | 156,891 |  |  | $ | 143,419 |
Cannabis – Canada |  |  | 96,434 |  |  |  | 12,778 |  |  |  | — |
Cannabis – United States |  |  | 11,345 |  |  |  | — |  |  |  | — |
Energy |  |  | 463 |  |  |  | 417 |  |  |  | 1,149 |
|  | $ | 268,020 |  |  | $ | 170,086 |  |  | $ | 144,568 |
Interest expense |  |  |  |  |  |  |  |  |  |  |  |
Produce |  | $ | 561 |  |  | $ | 1,759 |  |  | $ | 2,543 |
Cannabis – Canada |  |  | 2,236 |  |  |  | 243 |  |  |  | — |
Cannabis – United States |  |  | 1 |  |  |  | — |  |  |  | — |
Energy |  |  | 37 |  |  |  | 54 |  |  |  | 71 |
|  | $ | 2,835 |  |  | $ | 2,056 |  |  | $ | 2,614 |
Interest income |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | $ | 117 |  |  | $ | 623 |  |  | $ | 1,036 |
Cannabis – Canada |  |  | 9 |  |  |  | 2 |  |  |  | — |
|  | $ | 126 |  |  | $ | 625 |  |  | $ | 1,036 |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |
Produce |  | $ | 5,238 |  |  | $ | 5,356 |  |  | $ | 6,462 |
Cannabis – Canada |  |  | 5,875 |  |  |  | 822 |  |  |  | — |
Cannabis – United States |  |  | 299 |  |  |  | — |  |  |  | — |
Energy |  |  | 1,297 |  |  |  | 647 |  |  |  | 904 |
|  | $ | 12,709 |  |  | $ | 6,825 |  |  | $ | 7,366 |
Gross margin |  |  |  |  |  |  |  |  |  |  |  |
Produce |  | $ | 1,474 |  |  | $ | 9,621 |  |  | $ | (6,667 | )
Cannabis – Canada |  |  | 37,209 |  |  |  | 2,193 |  |  |  | — |
Cannabis – United States |  |  | 7,947 |  |  |  | — |  |  |  | — |
Energy |  |  | (1,451 | ) |  |  | (854 | ) |  |  | (678 | )
|  | $ | 45,179 |  |  | $ | 10,960 |  |  | $ | (7,345 | )
Total assets |  | 2021 |  |  | 2020 |
United States |  | $ | 116,654 |  |  | $ | 110,107 |
Canada |  |  | 450,257 |  |  |  | 243,924 |
|  | $ | 566,911 |  |  | $ | 354,031 |
Property, plant and equipment, net |  | 2021 |  |  | 2020 |
United States |  | $ | 39,583 |  |  | $ | 56,011 |
Canada |  |  | 176,121 |  |  |  | 131,009 |
|  | $ | 215,704 |  |  | $ | 187,020 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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