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Segment Information (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Schedule of Operating Segments

The Company evaluated performance of its operating segments based on revenue and operating loss. Segment information for the years ended December 31, 2020 and 2019, are as follows:

		Surge Blockchain & Other				Surge Logics				TW				ECS				Total
Year ended December 31, 2020
Revenue		$	741,863			$	16,430,057			$	2,372,977			$	34,861,891			$	54,406,788
Cost of revenue (exclusive of depreciation and amortization)			(849,225	)			(14,213,769	)			(3,003,099	)			(33,872,018	)			(51,938,111	)
Gross margin			(107,362	)			2,216,288				(630,122	)			989,873				2,468,677
Costs and expenses			(8,066,653	)			(2,147,406	)			(937,196	)			(1,463,090	)			(12,614,345	)
Operating profit (loss)		$	(8,174,015	)		$	68,882			$	(1,567,318	)		$	(473,217	)		$	(10,145,668	)
Year ended December 31, 2019
Revenue		$	4,295,434			$	7,234,366			$	3,446,003			$	10,767,138			$	25,742,941
Cost of revenue (exclusive of depreciation and amortization)			(1,665,839	)			(4,721,923	)			(5,845,663	)			(10,390,096	)			(22,623,521	)
Gross margin			2,629,595				2,512,443				(2,399,660	)			377,042				3,119,420
Costs and expenses			(6,340,282	)			(2,388,181	)			(1,749,975	)			(409,010	)			(10,887,448	)
Operating loss		$	(3,710,687	)		$	124,262			$	(4,149,635	)		$	(31,968	)		$	(7,768,028	)
December 31, 2020
Total assets		$	1,729,041			$	199,366			$	(353,476	)		$	4,883,357			$	7,325,071
Total liabilities			10,912,205				2,450,888				4,301,249				386,695				18,051,037
December 31, 2019
Total assets		$	4,782,722			$	249,196			$	(33,718	)		$	4,988,173			$	9,986,373
Total liabilities			10,115,799				734,875				3,815,175				20,139				14,685,988

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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- References

No definition available.

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