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Segments (Notes)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segments Segments
Our Chief Executive Officer, who is our Chief Operating Decision Maker ("CODM") manages our business through three operating segments, consistent with how our CODM: (i) accessed operating performance on a periodic basis, (ii) makes resource allocation decisions and (iii) designates responsibilities of his direct reports. As of December 31, 2024, we were organized into three operating segments through which senior management evaluates our business. These segments, as described in more detail in Note 1. "Nature of Business and Operations", are organized around the products, services and energy production provided to customers and represent our reportable segments.
Our CODM uses segment profit, based on operating income after the elimination of intercompany transactions and segment identifiable assets to assess segment operating performance and to make resource allocation decisions. Certain costs such as other income (expense) are not included in the measure of segment profit and are excluded from managements's assessment of segment financial performance.
Corporate includes finance, treasury, certain research and development costs, tax and legal costs and certain other costs which are not allocated to the reportable segments.
The following table presents information by reportable segment for the years ended December 31, 2024 and 2023:
ProductsServicesEnergy ProductionCorporateTotal
Year ended December 31, 2024
Revenues$4,443,996 $16,074,870 $2,100,670 $— $22,619,536 
Cost of sales3,014,655 8,432,876 1,301,832 — 12,749,363 
Gross profit1,429,341 7,641,994 798,838 — 9,870,173 
Operating expenses1,947,426 6,625,965 319,514 5,511,355 14,404,260 
Loss (profit) from operations$(518,085)$1,016,029 $479,324 $(5,511,355)$(4,534,087)
Identifiable assets$9,487,422 $11,695,370 $2,855,386 $7,054,081 $31,092,259 
Year ended December 31, 2023
Revenues$8,859,946 $14,523,054 $1,756,419 $— $25,139,419 
Cost of sales5,923,096 7,909,202 1,105,503 — 14,937,801 
Gross profit2,936,850 6,613,852 650,916 — 10,201,618 
Operating expenses1,429,400 6,992,221 66,190 6,127,419 14,615,230 
Loss (profit) from operations$1,507,450 $(378,369)$584,726 $(6,127,419)$(4,413,612)
Identifiable assets$8,990,275 $12,802,651 $3,269,013 $2,730,690 $27,792,629