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Business Segments
9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Business Segments Business SegmentsThe Company’s revenues are derived from two operating segments: LNG and Power Delivery. The LNG segment supplies LNG to multiple end markets 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 equipment and services in Brazil and through our BOMAY joint venture in China. The tables below present operating results by segment for the three and nine months ended September 30, 2021 and 2020 as well as their respective total assets at September 30, 2021 and December 31, 2020 (in thousands):
Three Months Ended
September 30, 2021
Nine Months Ended
September 30, 2021
LNGPower DeliveryTotalLNGPower DeliveryTotal
Revenues$17,779 $1,925 $19,704 $48,291 $5,129 $53,420 
Depreciation2,284 40 2,324 6,653 114 6,767 
Loss from operations before equity income(4,441)(157)(4,598)(6,013)(678)(6,691)
Net equity income from foreign joint ventures' operations— 246 246 — 1,075 1,075 
Income (loss) from operations(4,441)89 (4,352)(6,013)397 (5,616)
Interest expense, net118 12 130 188 36 224 
Interest expense, net - related parties120 — 120 441 — 441 
Income tax expense93 — 93 356 — 356 
Net income (loss)(4,735)110 (4,625)(5,967)513 (5,454)
September 30, 2021
LNGPower DeliveryTotal
Total assets$71,450 $16,219 $87,669 
Three Months Ended
September 30, 2020
Nine Months Ended
September 30, 2020
LNGPower DeliveryTotalLNGPower DeliveryTotal
Revenues$7,667 $1,352 $9,019 $24,222 $3,638 $27,860 
Depreciation2,237 29 2,266 6,706 96 6,802 
Loss from operations before equity income(2,179)(254)(2,433)(5,898)(1,129)(7,027)
Net equity income from foreign joint ventures' operations— 573 573 — 1,347 1,347 
Income (loss) from operations(2,179)319 (1,860)(5,898)218 (5,680)
Interest expense, net11 (9)16 12 28 
Interest expense, net - related parties199 — 199 681 — 681 
Income tax expense41 — 41 41 210 251 
Net income (loss)(2,458)325 (2,133)(6,678)32 (6,646)
December 31, 2020
LNGPower DeliveryTotal
Total assets$64,757 $15,556 $80,313 
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.