XML 25 R11.htm IDEA: XBRL DOCUMENT v3.22.0.1
BUSINESS SEGMENTS
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
BUSINESS SEGMENTS BUSINESS SEGMENTS
Our 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 our operating results by segment for the years ended December 31, 2021 and 2020 (in thousands):
Year Ended December 31, 2021
LNGPower DeliveryTotal
Revenues$69,171 $7,994 $77,165 
Depreciation8,894 165 9,059 
Loss from operations before equity income(8,801)(246)(9,047)
Net equity income from foreign joint ventures’ operations— 1,783 1,783 
Income (loss) from operations(8,801)1,537 (7,264)
Interest expense, net324 49 373 
Interest expense, net - related parties577 — 577 
Income tax expense487 321 808 
Net income (loss)(9,131)1,333 (7,798)
Total Assets70,735 16,601 87,336 

Year Ended December 31, 2020
LNGPower DeliveryTotal
Revenues$36,290 $5,260 $41,550 
Depreciation8,911 130 9,041 
Loss from operations before equity income(6,532)(1,451)(7,983)
Net equity income from foreign joint ventures' operations— 2,456 2,456 
Income (loss) from operations(6,532)1,005 (5,527)
Interest expense, net26 19 45 
Interest expense, net - related parties871 — 871 
Income tax expense46 210 256 
Net income (loss)(7,567)811 (6,756)
Total Assets64,757 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.
Geographic Information (in thousands):
Year Ended December 31,
Revenues20212020
Brazil$7,994 $5,260 
Mexico10,907 4,085 
United States58,264 32,205 
$77,165 $41,550 
December 31,
Assets20212020
Brazil$4,276 $3,659 
China12,325 11,897 
Mexico7,716 5,307 
United States63,019 59,450 
$87,336 $80,313