XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.19.2

Segmented, Significant Customer Information and Economic Dependency | 6 Months Ended
--- | ---
Jun. 30, 2019
Segment Reporting [Abstract] |
Segmented, Significant Customer Information and Economic Dependency | 17. Segmented, Significant Customer Information and Economic Dependency. The Company operates in two segments: (a) Energy and water conservation products (as shown under the column heading “EWCP” below), which consists of a (i) liquid swimming pool blanket which saves energy and water by inhibiting evaporation from the pool surface, and (ii) food-safe powdered form of the active ingredient within the liquid blanket and which is designed to be used in still or slow moving drinking water sources. (b) Biodegradable polymers and chemical additives used within the petroleum, chemical, utility and mining industries to prevent corrosion and scaling in water piping (as shown under the column heading “TPA” below). These chemical additives can also be used in laundry and dish detergents, as well as in products to reduce levels of insecticides, herbicides and fungicides. The accounting policies of the segments are the same as those described in Note 2, Significant Accounting Policies. The Company evaluates performance based on profit or loss from operations before income taxes, not including nonrecurring gains and losses and foreign exchange gains and losses. The Company’s reportable segments are strategic business units that offer different, but synergistic products and services. They are managed separately because each business requires different technology and marketing strategies. Three months ended June 30, 2019:
|  | EWCP |  |  | TPA |  |  | Total |
Revenue |  | $ | 160,296 |  |  | $ | 6,610,144 |  |  | $ | 6,770,440 |
Interest expense |  |  | 569 |  |  |  | 117,896 |  |  |  | 118,465 |
Depreciation and amortization |  |  | 11,562 |  |  |  | 146,124 |  |  |  | 157,686 |
Segment profit (loss) |  |  | (205,967 | ) |  |  | 178,234 |  |  |  | (27,733) |
Segment assets |  |  | 500,429 |  |  |  | 9,767,690 |  |  |  | 10,268,119 |
Expenditures for segment assets |  |  | - |  |  |  | (41,758 | ) |  |  | (41,758 | )
Three months ended June 30, 2018:
|  | EWCP |  |  | TPA |  |  | Total |
Revenue |  | $ | 122,572 |  |  | $ | 4,014,973 |  |  | $ | 4,137,545 |
Interest expense |  |  | - |  |  |  | 7,087 |  |  |  | 7,087 |
Depreciation and amortization |  |  | 13,042 |  |  |  | 47,748 |  |  |  | 60,790 |
Segment profit (loss) |  |  | 1,668,830 |  |  |  | 467,076 |  |  |  | 2,135,906 |
Segment assets |  |  | 546,161 |  |  |  | 1,352,369 |  |  |  | 1,898,530 |
Expenditures for segment assets |  |  | (13,743) |  |  |  | (3,440 | ) |  |  | (17,183 | )
Six months ended June 30, 2019:
|  | EWCP |  |  | TPA |  |  | Total |
Revenue |  | $ | 283,435 |  |  | $ | 14,958,481 |  |  | $ | 15,241,916 |
Interest expense |  |  | 569 |  |  |  | 246,903 |  |  |  | 247,472 |
Depreciation and amortization |  |  | 23,170 |  |  |  | 282,795 |  |  |  | 305,965 |
Segment profit (loss) |  |  | (349,775 | ) |  |  | 1,333,192 |  |  |  | 983,417 |
Segment assets |  |  | 500,429 |  |  |  | 9,767,690 |  |  |  | 10,268,119 |
Expenditures for segment assets |  |  | - |  |  |  | (1,317,593 | ) |  |  | (1,317,593 | )
Six months ended June 30, 2018:
|  | EWCP |  |  | TPA |  |  | Total |
Revenue |  | $ | 198,392 |  |  | $ | 8,140,333 |  |  | $ | 8,338,725 |
Interest expense |  |  | - |  |  |  | 14,487 |  |  |  | 14,487 |
Depreciation and amortization |  |  | 25,682 |  |  |  | 94,808 |  |  |  | 120,490 |
Segment profit (loss) |  |  | 1,570,996 |  |  |  | 1,268,574 |  |  |  | 2,839,570 |
Segment assets |  |  | 546,161 |  |  |  | 1,352,369 |  |  |  | 1,898,530 |
Expenditures for segment assets |  |  | (15,162 | ) |  |  | (9,518 | ) |  |  | (24,680 | )
The sales generated in the United States and Canada are as follows:
|  | Six months ended June 30, 2019 |  |  | Six months ended June 30, 2018 |
Canada |  | $ | 214,618 |  |  | $ | 147,810 |
United States and abroad |  |  | 15,027,298 |  |  |  | 8,190,915 |
Total |  | $ | 15,241,916 |  |  | $ | 8,338,725 |
The Company’s long-lived property and equipment, and patents are located in Canada and the United States as follows:
|  | June 30, 2019 |  |  | December 31, 2018 |
Canada |  | $ | 500,429 |  |  | $ | 505,124 |
United States |  |  | 9,767,590 |  |  |  | 7,783,426 |
Total |  | $ | 10,268,119 |  |  | $ | 8,288,550 |
Three customers accounted for $6,563,676 (43%) of sales during the six month period ended June 30, 2019 (2018 - $3,703,287 or 44%).

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration