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SEGMENT AND CUSTOMERS INFORMATION | 6 Months Ended
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Jun. 30, 2022
Segment Reporting [Abstract] |
SEGMENT AND CUSTOMERS INFORMATION | 21. SEGMENT AND CUSTOMERS INFORMATION The Company had six reportable segments as of June 30, 2022 and three as of June 30, 2021; 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 for the three and six months ended June 30, 2022:
|  | Three Months Ended June 30, 2022 |
|  | GWW |  |  | TurnOnGreen |  |  | Ault Alliance |  |  | BNI |  |  | AGREE |  |  | Ault Disruptive |  |  | Holding Company |  |  | Total |
Revenue |  | $ | 6,503,000 |  |  | $ | 1,062,000 |  |  | $ | 12,000 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 7,577,000 |
Revenue, cryptocurrency mining |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3,976,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3,976,000 |
Revenue, commercial real estate leases |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 272,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 272,000 |
Revenue, lending and trading activities |  |  | - |  |  |  | - |  |  |  | 943,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 943,000 |
Revenue, hotel operations |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 4,598,000 |  |  |  | - |  |  |  | - |  |  |  | 4,598,000 |
Total revenues |  | $ | 6,503,000 |  |  | $ | 1,062,000 |  |  | $ | 955,000 |  |  | $ | 4,248,000 |  |  | $ | 4,598,000 |  |  | $ | - |  |  | $ | - |  |  | $ | 17,366,000 |
Depreciation and amortization expense |  | $ | 298,000 |  |  | $ | 4,000 |  |  | $ | 34,000 |  |  | $ | 2,613,000 |  |  | $ | 827,000 |  |  | $ | - |  |  | $ | 711,000 |  |  | $ | 4,487,000 |
Loss from operations |  | $ | (1,076,000 | ) |  | $ | (445,000 | ) |  | $ | (11,486,000 | ) |  | $ | (3,454,000 | ) |  | $ | (166,000 | ) |  | $ | (489,000 | ) |  | $ | (6,603,000 | ) |  | $ | (23,719,000 | )
Capital expenditures for the three months ended June 30, 2022 |  | $ | 156,000 |  |  | $ | 50,000 |  |  | $ | 761,000 |  |  | $ | 36,397,000 |  |  | $ | (15,000 | ) |  | $ | - |  |  | $ | 71,000 |  |  | $ | 37,420,000 |
|  | Six Months Ended June 30, 2022 |
|  | GWW |  |  | TurnOnGreen |  |  | Ault Alliance |  |  | BNI |  |  | AGREE |  |  | Ault Disruptive |  |  | Holding Company |  |  | Total |
Revenue |  | $ | 13,749,000 |  |  | $ | 2,191,000 |  |  | $ | 19,000 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 15,959,000 |
Revenue, cryptocurrency mining |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 7,524,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 7,524,000 |
Revenue, commercial real estate leases |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 549,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 549,000 |
Revenue, lending and trading activities |  |  | - |  |  |  | - |  |  |  | 18,864,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 18,864,000 |
Revenue, hotel operations |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 7,296,000 |  |  |  | - |  |  |  | - |  |  |  | 7,296,000 |
Total revenues |  | $ | 13,749,000 |  |  | $ | 2,191,000 |  |  | $ | 18,883,000 |  |  | $ | 8,073,000 |  |  | $ | 7,296,000 |  |  | $ | - |  |  | $ | - |  |  | $ | 50,192,000 |
Depreciation and amortization expense |  | $ | 519,000 |  |  | $ | 10,000 |  |  | $ | 68,000 |  |  | $ | 4,140,000 |  |  | $ | 1,655,000 |  |  | $ | - |  |  | $ | 53,000 |  |  | $ | 6,445,000 |
Income (loss) from operations |  | $ | (1,220,000 | ) |  | $ | (1,620,000 | ) |  | $ | 426,000 |  |  | $ | (3,817,000 | ) |  | $ | (1,548,000 | ) |  | $ | (786,000 | ) |  | $ | (14,124,000 | ) |  | $ | (22,689,000 | )
Capital expenditures for the six months ended June 30, 2022 |  | $ | 285,000 |  |  | $ | 125,000 |  |  | $ | 849,000 |  |  | $ | 71,384,000 |  |  | $ | 19,000 |  |  | $ | - |  |  | $ | 117,000 |  |  | $ | 72,779,000 |
AVLP and SMC Segment Information The AVLP and SMC acquisitions were completed in June 2022. The results of operations were not material to the Company’s consolidated results of operations for the three and six months ended June 30, 2022. As of June 30, 2022, identifiable assets for AVLP and SMC were $49.9 million and $35.0 million, respectively. Segment information for the three and six months ended June 30, 2021:
|  | Three Months Ended June 30, 2021 |
|  | GWW |  |  | TurnOnGreen |  |  | Ault Alliance |  |  | BNI |  |  | AGREE |  |  | Ault Disruptive |  |  | Holding Company |  |  | Total |
Revenue |  | $ | 6,475,000 |  |  | $ | 1,831,000 |  |  | $ | 50,000 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 8,356,000 |
Revenue, cryptocurrency mining |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 291,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 291,000 |
Revenue, commercial real estate leases |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 208,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 208,000 |
Revenue, lending and trading activities |  |  | - |  |  |  | - |  |  |  | 53,274,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 53,274,000 |
Revenue, hotel operations |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total revenues |  | $ | 6,475,000 |  |  | $ | 1,831,000 |  |  | $ | 53,324,000 |  |  | $ | 499,000 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 62,129,000 |
Depreciation and amortization expense |  | $ | 213,000 |  |  | $ | 6,000 |  |  | $ | 27,000 |  |  | $ | 111,000 |  |  | $ | - |  |  | $ | - |  |  | $ | 13,000 |  |  | $ | 370,000 |
Income (loss) from operations |  | $ | (1,000,000 | ) |  | $ | 117,000 |  |  | $ | 49,375,000 |  |  | $ | (197,000 | ) |  | $ | - |  |  | $ | (118,000 | ) |  | $ | (2,354,000 | ) |  | $ | 45,823,000 |
Capital expenditures for the three months ended June 30, 2021 |  | $ | 474,000 |  |  | $ | - |  |  | $ | 12,000 |  |  | $ | 650,000 |  |  | $ | - |  |  | $ | - |  |  | $ | 105,000 |  |  | $ | 1,241,000 |
|  | Six Months Ended June 30, 2021 |
|  | GWW |  |  | TurnOnGreen |  |  | Ault Alliance |  |  | BNI |  |  | AGREE |  |  | Ault Disruptive |  |  | Holding Company |  |  | Total |
Revenue |  | $ | 12,826,000 |  |  | $ | 3,213,000 |  |  | $ | 126,000 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 16,165,000 |
Revenue, cryptocurrency mining |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 421,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 421,000 |
Revenue, commercial real estate leases |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 304,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 304,000 |
Revenue, lending and trading activities |  |  | - |  |  |  | - |  |  |  | 58,485,000 |  |  |  |  |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 58,485,000 |
Revenue, hotel operations |  |  | - |  |  |  | - |  |  |  |  |  |  |  |  |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total revenues |  | $ | 12,826,000 |  |  | $ | 3,213,000 |  |  | $ | 58,611,000 |  |  | $ | 725,000 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 75,375,000 |
Depreciation and amortization expense |  | $ | 428,000 |  |  | $ | 13,000 |  |  | $ | 28,000 |  |  | $ | 152,000 |  |  | $ | - |  |  | $ | - |  |  | $ | 16,000 |  |  | $ | 637,000 |
Income (loss) from operations |  | $ | (788,000 | ) |  | $ | (83,000 | ) |  | $ | 53,781,000 |  |  | $ | (500,000 | ) |  | $ | - |  |  | $ | (188,000 | ) |  | $ | (5,197,000 | ) |  | $ | 47,025,000 |
Capital expenditures for the six months ended June 30, 2021 |  | $ | 566,000 |  |  | $ | - |  |  | $ | 285,000 |  |  | $ | 4,634,000 |  |  | $ | - |  |  | $ | - |  |  | $ | 105,000 |  |  | $ | 5,590,000 |

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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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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