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REVENUE DISAGGREGATION
 9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
REVENUE DISAGGREGATION

6. REVENUE DISAGGREGATION

 

The following tables summarize disaggregated customer contract revenues and the source of the revenue for the three months ended September 30, 2024 and 2023. Revenues from lending and trading activities included in consolidated revenues were primarily interest, dividend and other investment income, which are not considered to be revenues from contracts with customers under GAAP.

 

The Company’s disaggregated revenues consisted of the following for the three months ended September 30, 2024:

                                        
   TurnOnGreen   Fintech   Sentinum   AGREE   Energy   ROI   Holding Co.   Total 
Primary Geographical Markets                                        
North America  $1,227,000   $-   $5,432,000   $5,512,000   $12,327,000   $54,000   $845,000   $25,397,000 
Europe   1,000    -    -    -    26,000    -    -    27,000 
Middle East and other   62,000    -    -    -    -    -    -    62,000 
Revenue from contracts with customers   1,290,000    -    5,432,000    5,512,000    12,353,000    54,000    845,000    25,486,000 
Revenue, lending and trading activities (North America)   -    5,575,000    -    -    -    -    -    5,575,000 
Total revenue  $1,290,000   $5,575,000   $5,432,000   $5,512,000   $12,353,000   $54,000   $845,000   $31,061,000 
                                         
Major Goods or Services                                        
Power supply units and systems  $1,290,000   $-   $-   $-   $-   $-   $-   $1,290,000 
Revenue from mined crypto assets at Sentinum owned and operated facilities   -    -    4,362,000    -    -    -    -    4,362,000 
Revenue from Sentinum crypto mining equipment hosted at third-party facilities   -    -    902,000    -    -    -    -    902,000 
Hotel and real estate operations   -    -    168,000    5,512,000    -    -    -    5,680,000 
Crane rental   -    -    -    -    12,327,000    -    -    12,327,000 
Other   -    -    -    -    26,000    54,000    845,000    925,000 
Revenue from contracts with customers   1,290,000    -    5,432,000    5,512,000    12,353,000    54,000    845,000    25,486,000 
Revenue, lending and trading activities   -    5,575,000    -    -    -    -    -    5,575,000 
Total revenue  $1,290,000   $5,575,000   $5,432,000   $5,512,000   $12,353,000   $54,000   $845,000   $31,061,000 
                                         
Timing of Revenue Recognition                                        
Goods and services transferred at a point in time  $22,000   $-   $5,432,000   $5,512,000   $26,000   $54,000   $845,000   $11,891,000 
Services transferred over time   1,268,000    -    -    -    12,327,000    -    -    13,595,000 
Revenue from contracts with customers  $1,290,000   $-   $5,432,000   $5,512,000   $12,353,000   $54,000   $845,000   $25,486,000 

The Company’s disaggregated revenues consisted of the following for the nine months ended September 30, 2024:

 

   TurnOnGreen   Fintech   Sentinum   AGREE   Energy   ROI   Holding Co.   Total 
Primary Geographical Markets                                        
North America  $3,565,000   $-   $25,926,000   $13,652,000   $36,945,000   $121,000   $1,819,000   $82,028,000 
Europe   15,000    -    -    -    94,000    -    -    109,000 
Middle East and other   171,000    -    -    -    -    -    -    171,000 
Revenue from contracts with customers   3,751,000    -    25,926,000    13,652,000    37,039,000    121,000    1,819,000    82,308,000 
Revenue, lending and trading activities (North America)   -    4,911,000    -    -    -    -    -    4,911,000 
Total revenue  $3,751,000   $4,911,000   $25,926,000   $13,652,000   $37,039,000   $121,000   $1,819,000   $87,219,000 
                                         
Major Goods or Services                                        
Power supply units and systems  $3,751,000   $-   $-   $-   $-   $-   $-   $3,751,000 
Revenue from mined crypto assets at Sentinum owned and operated facilities   -    -    19,563,000    -    -    -    -    19,563,000 
Revenue from Sentinum crypto mining equipment hosted at third-party facilities   -    -    5,638,000    -    -    -    -    5,638,000 
Hotel and real estate operations   -    -    725,000    13,652,000    -    -    -    14,377,000 
Crane rental   -    -    -    -    36,945,000    -    -    36,945,000 
Other   -    -    -    -    94,000    121,000    1,819,000    2,034,000 
Revenue from contracts with customers   3,751,000    -    25,926,000    13,652,000    37,039,000    121,000    1,819,000    82,308,000 
Revenue, lending and trading activities   -    4,911,000    -    -    -    -    -    4,911,000 
Total revenue  $3,751,000   $4,911,000   $25,926,000   $13,652,000   $37,039,000   $121,000   $1,819,000   $87,219,000 
                                         
Timing of Revenue Recognition                                        
Goods and services transferred at a point in time  $31,000   $-   $25,926,000   $13,652,000   $94,000   $121,000   $1,817,000   $41,643,000 
Services transferred over time   3,720,000    -    -    -    36,945,000    -    -    40,665,000 
Revenue from contracts with customers  $3,751,000   $-   $25,926,000   $13,652,000   $37,039,000   $121,000   $1,817,000   $82,308,000 

 

 

The Company’s disaggregated revenues consisted of the following for the three months ended September 30, 2023:

 

   TurnOnGreen   Fintech   Sentinum   AGREE   SMC   ROI   Energy   Total 
Primary Geographical Markets                                        
North America  $1,075,000   $-   $7,891,000   $5,404,000   $15,931,000   $18,000   $12,929,000   $43,248,000 
Europe   66,000    -    -    -    -    -    -    66,000 
Middle East and other   25,000    -    -    -    -    -    -    25,000 
Revenue from contracts with customers   1,166,000    -    7,891,000    5,404,000    15,931,000    18,000    12,929,000    43,339,000 
Revenue, lending and trading activities (North America)   -    (249,000)   -    -    -    -    -    (249,000)
Total revenue  $1,166,000   $(249,000)  $7,891,000   $5,404,000   $15,931,000   $18,000   $12,929,000   $43,090,000 
                                         
Major Goods or Services                                        
Power supply units & systems  $1,074,000   $-   $-   $-   $-   $-   $-   $1,074,000 
Revenue from mined crypto assets at Sentinum owned and operated facilities   -    -    6,389,000    -    -    -    -    6,389,000 
Revenue from Sentinum crypto mining equipment hosted at third-party facilities   -    -    1,169,000    -    -    -    -    1,169,000 
Hotel and real estate operations   -    -    333,000    5,404,000    -    -    -    5,737,000 
Karaoke machines and related consumer goods   -    -    -    -    15,931,000    -    -    15,931,000 
Crane rental   -    -    -    -    -    -    12,490,000    12,490,000 
Other   92,000    -         -    -    18,000    439,000    549,000 
Revenue from contracts with customers   1,166,000    -    7,891,000    5,404,000    15,931,000    18,000    12,929,000    43,339,000 
Revenue, lending and trading activities   -    (249,000)   -    -    -    -    -    (249,000)
Total revenue  $1,166,000   $(249,000)  $7,891,000   $5,404,000   $15,931,000   $18,000   $12,929,000   $43,090,000 
                                         
Timing of Revenue Recognition                                        
Goods transferred at a point in time  $1,160,000   $-   $7,891,000   $5,404,000   $15,931,000   $18,000   $439,000   $30,843,000 
Services transferred over time   6,000    -    -    -    -    -    12,490,000    12,496,000 
Revenue from contracts with customers  $1,166,000   $-   $7,891,000   $5,404,000   $15,931,000   $18,000   $12,929,000   $43,339,000 

 

The Company’s disaggregated revenues consisted of the following for the nine months ended September 30, 2023:

 

   TurnOnGreen   Fintech   Sentinum   AGREE   SMC   ROI   Energy   Total 
Primary Geographical Markets                                        
North America  $2,400,000   $-   $24,389,000   $12,032,000   $21,939,000   $63,000   $38,604,000   $99,427,000 
Europe   77,000    -    -    -    -    -    109,000    186,000 
Middle East and other   288,000    -    -    -    -    -    -    288,000 
Revenue from contracts with customers   2,765,000    -    24,389,000    12,032,000    21,939,000    63,000    38,713,000    99,901,000 
Revenue, lending and trading activities (North America)   -    4,337,000    -         -    -    -    4,337,000 
Total revenue  $2,765,000   $4,337,000   $24,389,000   $12,032,000   $21,939,000   $63,000   $38,713,000   $104,238,000 
                                         
Major Goods or Services                                        
Power supply units & systems  $2,544,000   $-   $-   $-   $-   $-   $-   $2,544,000 
Revenue from mined crypto assets at Sentinum owned and operated facilities   -    -    21,103,000    -    -    -    -    21,103,000 
Revenue from Sentinum crypto mining equipment hosted at third-party facilities   -    -    2,170,000    -    -    -    -    2,170,000 
Hotel and real estate operations   -    -    1,116,000    12,032,000    -    -    -    13,148,000 
Karaoke machines and related consumer goods   -    -    -    -    21,939,000    -    -    21,939,000 
Crane rental   -    -    -    -    -    -    37,726,000    37,726,000 
Other   221,000    -         -    -    63,000    987,000    1,271,000 
Revenue from contracts with customers   2,765,000    -    24,389,000    12,032,000    21,939,000    63,000    38,713,000    99,901,000 
Revenue, lending and trading activities   -    4,337,000    -    -    -    -    -    4,337,000 
Total revenue  $2,765,000   $4,337,000   $24,389,000   $12,032,000   $21,939,000   $63,000   $38,713,000   $104,238,000 
                                         
Timing of Revenue Recognition                                        
Goods transferred at a point in time  $11,000   $-   $24,389,000   $12,032,000   $21,939,000   $63,000   $987,000   $59,421,000 
Services transferred over time   2,754,000    -    -    -    -    -    37,726,000    40,480,000 
Revenue from contracts with customers  $2,765,000   $-   $24,389,000   $12,032,000   $21,939,000   $63,000   $38,713,000   $99,901,000