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Segment Information
12 Months Ended
Oct. 31, 2020
Segment Information [Abstract]  
Segment Information

 

Note 17. Segment Information

 

We are engaged in the development, design, production, construction and servicing of high temperature fuel cells for clean electric power generation. Critical to the success of our business is, among other things, our research and development efforts, both through customer-sponsored projects and Company-sponsored projects. The research and development activities are viewed as another product line that contributes to the development, design, production and sale of fuel cell products, however, it is not considered a separate operating segment. The chief operating decision maker does not review and assess financial information at a discrete enough level to be able to assess performance of research and development activities as if they operated as a standalone business segment, therefore, the Company has identified one business segment: fuel cell power plant production and research.

 

Revenues, by geographic location (based on the customer’s ordering location) for the years ended October 31, 2020, 2019 and 2018 were as follows (in thousands):

 

 

 

2020

 

 

2019

 

 

2018

 

United States

 

$

67,750

 

 

$

56,211

 

 

$

50,953

 

South Korea

 

 

2,059

 

 

 

2,686

 

 

 

36,279

 

England

 

 

25

 

 

 

1,496

 

 

 

387

 

Germany

 

 

414

 

 

 

359

 

 

 

1,795

 

Canada

 

 

 

 

 

 

 

 

23

 

Switzerland

 

 

623

 

 

 

 

 

 

 

Total

 

$

70,871

 

 

$

60,752

 

 

$

89,437

 

 

Service agreement revenue which is included within Service agreements and license revenues on the Consolidated Statement of Operations was $20.4 million, $15.1 million and $13.5 million for the years ended October 31, 2020, 2019 and 2018, respectively.

 

Long-lived assets located outside of the United States as of October 31, 2020 and 2019 are not significant individually or in the aggregate.