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SEGMENT, CUSTOMERS AND GEOGRAPHICAL INFORMATION | 12 Months Ended
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Dec. 31, 2020
Segment Reporting [Abstract] |
SEGMENT, CUSTOMERS AND GEOGRAPHICAL INFORMATION | 27. SEGMENT, CUSTOMERS AND GEOGRAPHICAL INFORMATION The Company has three reportable segments as of December 31, 2020 and 2019; see Note 1 for a brief description of the Company’s business. The following data presents the revenues, expenditures and other operating data of the Company’s operating segments and presented in accordance with ASC No. 280. The total loss from operations of the Company’s reportable segments is less than the Company’s consolidated loss from operations due to Ault Global Holdings corporate expenses.
|  | Year ended December 31, 2020 |
|  | GWW |  |  | Coolisys |  |  | Ault Alliance |  |  | Total |
Revenue |  | $ | 18,212,721 |  |  | $ | 5,416,138 |  |  | $ | — |  |  | $ | 23,628,859 |
Revenue, lending activities |  |  | — |  |  |  | — |  |  |  | 242,418 |  |  |  | 242,418 |
Total revenues |  | $ | 18,212,721 |  |  | $ | 5,416,138 |  |  | $ | 242,418 |  |  | $ | 23,871,277 |
Depreciation and |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
amortization expense |  | $ | 586,850 |  |  | $ | 33,010 |  |  | $ | 107,513 |  |  | $ | 727,373 |
Loss from operations |  | $ | (955,299 | ) |  | $ | (117,067 | ) |  | $ | 19,200 |  |  | $ | (1,053,166 | )
Capital expenditures for |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
segment assets, as of |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 30, 2020 |  | $ | 552,923 |  |  | $ | 26,425 |  |  | $ | 2,744 |  |  | $ | 582,092 |
Identifiable assets as of |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2020 |  | $ | 27,897,772 |  |  | $ | 1,894,892 |  |  | $ | 45,850,718 |  |  | $ | 75,643,382 |
|  | Year ended December 31, 2019 |
|  | GWW |  |  | Coolisys |  |  | Ault Alliance |  |  | Total |
Revenue |  | $ | 15,231,843 |  |  | $ | 5,825,666 |  |  | $ | — |  |  | $ | 21,057,509 |
Revenue, cryptocurrency |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
mining |  |  | — |  |  |  | — |  |  |  | 641,745 |  |  |  | 641,745 |
Revenue, lending activities |  |  | — |  |  |  | — |  |  |  | 662,740 |  |  |  | 662,740 |
Total revenues |  | $ | 15,231,843 |  |  | $ | 5,825,666 |  |  | $ | 1,304,485 |  |  | $ | 22,361,994 |
Depreciation and |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
amortization expense |  | $ | 705,873 |  |  | $ | 121,618 |  |  | $ | 2,245,676 |  |  | $ | 3,073,167 |
Loss from operations |  | $ | (828,424 | ) |  | $ | (1,327,259 | ) |  | $ | (8,612,277 | ) |  | $ | (10,767,960 | )
Capital expenditures for |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
segment assets, as of |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2019 |  | $ | 34,899 |  |  | $ | 133,198 |  |  | $ | 21,205 |  |  | $ | 189,302 |
Identifiable assets as of |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2019 |  | $ | 20,847,352 |  |  | $ | 18,901,630 |  |  | $ | 3,001,426 |  |  | $ | 42,750,408 |
Concentration Risk: The following table provides the percentage of total revenues attributable to a single customer from which 10% or more of total revenues are derived:
|  | For the Year Ended |
|  | December 31, 2020 |
|  | Total Revenues |  |  | Percentage of |
|  | by Major |  |  | Total Company |
|  | Customers |  |  | Revenues |
Customer A |  | $ | 7,741,858 |  |  |  | 32 | %
Customer B |  | $ | 2,502,264 |  |  |  | 10 | %
|  | For the Years Ended |
|  | December 31, 2019 |
|  | Total Revenues |  |  | Percentage of |
|  | by Major |  |  | Total Company |
|  | Customers |  |  | Revenues |
Customer A |  | $ | 6,319,221 |  |  |  | 28 | %
Revenue from Customer A is attributable to Enertec. Revenue from Customer B is attributable to Microphase. For the years ended December 31, 2020 and 2019, total revenues from external customers divided on the basis of the Company’s product lines are as follows:
|  | For the Year Ended |
|  | December 31, |
|  | 2020 |  |  | 2019 |
Revenues: |  |  |  |  |  |
Commercial products |  | $ | 7,040,390 |  |  | $ | 8,953,390 |
Defense products |  |  | 16,830,887 |  |  |  | 13,408,604 |
Total revenues |  | $ | 23,871,277 |  |  | $ | 22,361,994 |
Financial data relating to geographic areas: The Company’s total revenues are attributed to geographic areas based on the location. The following table presents total revenues for the years ended December 31, 2020 and 2019. Other than as shown, no foreign country or region contributed materially to revenues or long-lived assets for these periods:
|  | For the Year Ended |
|  | December 31, |
|  | 2020 |  |  | 2019 |
Revenues: |  |  |  |  |  |
North America |  | $ | 11,460,436 |  |  | $ | 10,923,146 |
Europe |  |  | 2,328,835 |  |  |  | 8,681,023 |
Middle East |  |  | 9,273,158 |  |  |  | 1,678,256 |
Other |  |  | 808,848 |  |  |  | 1,079,569 |
Total revenues |  | $ | 23,871,277 |  |  | $ | 22,361,994 |

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- 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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -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 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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