Business Segments

9 Months Ended

Sep. 30, 2019

The Company’s revenues are derived from two operating segments: LNG and Power Delivery. The LNG segment supplies LNG to the industrial, midstream, and oilfield sectors in North America and provides turnkey fuel solutions to help users of propane, diesel and other crude-based fuel products convert to LNG. The Power Delivery segment provides power delivery solutions to the global energy industry through our wholly-owned subsidiary in Brazil and our joint venture in China.



	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
Revenues
LNG	$	9,143		$	8,001		$	33,213		$	26,566
Power Delivery	1,371			—			1,371			—
Total	10,514			8,001			34,584			26,566
Operating Income (Loss)
LNG	(2,988		)	(2,015		)	(3,914		)	(5,196		)
Power Delivery	(266		)	—			(266		)	—
Total	(3,254		)	(2,015		)	(4,180		)	(5,196		)
Depreciation
LNG	2,277			2,190			6,862			6,573
Power Delivery	30			—			30			—
Total	2,307			2,190			6,892			6,573
Income from equity investments in foreign joint ventures
LNG	—			—			—			—
Power Delivery	187			—			187			—
Total	$	187		$	—		$	187		$	—

							September 30, 2019			December 31, 2018
Assets
LNG							$	77,866		$	74,705
Power Delivery							13,582			—
Total							$	91,448		$	74,705

For the purposes of the operating segment disclosure, the Company presents operating income as it is the most comparable measure to the amounts presented on the condensed consolidated statement of operations.

Our operating segments offer different products and services and are managed separately as business units. Cash, cash equivalents and investments are not managed centrally, so the gains and losses on foreign currency remeasurement, and interest and dividend income, are included in the segments’ results.